Wetmore, Delta County, Michigan Property Taxes
Median Wetmore, MI effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Wetmore, MI home value: $143,200
Median annual Wetmore, MI tax bill: $582, $1,818 lower than the national median property tax bill of $2,400.
How are property taxes in Delta calculated?
Property taxes in Wetmore, MI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Wetmore’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wetmore, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wetmore, Delta County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$2,105
$1,953
Property Tax Rates Across Wetmore, Delta County, Michigan
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Wetmore’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. Wetmore, located in Delta County, has a median property tax rate of 0.48%. This is significantly lower than the national median property tax rate of 1.02%. Homeowners in Wetmore benefit from this lower tax rate, as it results in more affordable property tax bills. The consistent tax rate across Delta County provides stability for property owners, making it an attractive location for those looking to manage their expenses effectively. Understanding these rates can help homeowners make informed decisions about purchasing property and budgeting for future expenses.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Wetmore Tax Rate
1.15%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Delta County Tax Rate
1.15%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wetmore, Delta County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49895 | 0.62% | 0.85% | 1.15% | 1.55% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Wetmore, Delta County, Michigan
Property Tax Assessment Values Across Wetmore, Delta County, Michigan
Source: Ownwell
$51,500
$117,250
$183,000
Median Wetmore Market Value
$183,000
Median Delta County Market Value
$138,000
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wetmore, Delta County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49895 | $55,500 | $96,850 | $183,000 | $289,350 | $412,800 |
Source: Ownwell
Property Tax Bills Across Wetmore, Delta County, Michigan
In Wetmore, located in Delta County, MI, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price here is $143,200. Property tax rates are applied to this assessed value to determine the tax bill. Residents in Wetmore experience a median tax bill of $582, which is significantly lower than the national median tax bill of $2,400. Factors such as property size, location, and improvements can influence the assessed value, affecting the overall tax bill. For homeowners, this means that while property taxes are relatively low, any increase in assessed value could impact their annual expenses.
Ownwell offers services to help homeowners in Wetmore potentially reduce their property tax bills. By appealing assessments and identifying applicable exemptions, Ownwell can ensure that homeowners are not overpaying. This assistance is crucial in maintaining manageable property expenses, especially in a region where property values and taxes can fluctuate.
Median Wetmore Tax Bill
$1,923
Median Delta County Tax Bill
$1,626
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Wetmore, Delta County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49895 | $515 | $1,019 | $1,923 | $3,268 | $4,845 |
Source: Ownwell