Iron Mountain, Dickinson County, Michigan Property Taxes
Property Taxes in Iron Mountain, Michigan
Median Iron Mountain, Michigan effective property tax rate: 1.44%, significantly higher than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Iron Mountain, Michigan home value: $116,200
Median annual Iron Mountain, Michigan tax bill: $1,543, lower than the national median property tax bill of $2,400.
How are property taxes in Dickinson calculated?
Property taxes in Iron Mountain, Michigan 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 Iron Mountain's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Iron Mountain, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Iron Mountain, Dickinson County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.44%
Estimate Property Tax Bill
$1,673
$1,553
How Does the Iron Mountain Property Tax Calculator Work?
Use this Iron Mountain property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Iron Mountain's median effective tax rate of 1.44% — based on actual property records in Dickinson County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Iron Mountain's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Iron Mountain: rates range from $1542.00 in 49801 to $1626.00 in 49831, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Iron Mountain.
About Iron Mountain Property Taxes
About Property Taxes in Iron Mountain, Dickinson, Michigan
Iron Mountain's median effective property tax rate of 1.44% is higher than the Michigan state median of 1.05% and higher than the national median of 1.02%. This rate reflects the Dickinson County base levy combined with local school district levies and Tax increment finance districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Iron Mountain. Homeowners in the 49801 ZIP code carry a median effective rate of 1.44%, while those in 49831 pay 1.12%. This spread — 0.32 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Dickinson County. Understanding which part of Iron Mountain you live in can make a meaningful difference to your annual tax bill.
Iron Mountain homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the April 6, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Iron Mountain, Dickinson County, Michigan
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Iron Mountain's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Iron Mountain Tax Rate
1.44%
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 Dickinson County Tax Rate
1.25%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Iron Mountain, Dickinson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49801 | 0.65% | 0.77% | 1.44% | 1.62% | 1.91% |
| 49831 | 0.41% | 0.62% | 1.12% | 1.43% | 1.63% |
| 49802 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Iron Mountain, Dickinson County, Michigan
When examining property taxes in Iron Mountain, Michigan, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Dickinson County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Dickinson County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Iron Mountain.
For example, the median home price in Iron Mountain is $116,200, with tax bills ranging significantly across the county. 49831 has the highest median home price at $174,800.
Property Tax Assessment Values Across Iron Mountain, Dickinson County, Michigan
Source: Ownwell
$51,400
$113,100
$174,800
Median Iron Mountain Market Value
$116,200
Median Dickinson County Market Value
$110,400
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Iron Mountain, Dickinson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49801 | $39,200 | $72,800 | $115,600 | $209,950 | $330,800 |
| 49831 | $103,520 | $139,550 | $174,800 | $265,500 | $306,200 |
| 49802 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Iron Mountain, Dickinson County, Michigan
Property tax bills in Iron Mountain are calculated by applying the local property tax rate to a home’s assessed value, which is based on its market value. For homeowners in Dickinson County, that means the bill can change when a property’s value changes or when local taxing rates are adjusted.
With a median home price of $116,200, the typical tax burden is relatively moderate, but bills still vary by neighborhood and property characteristics. The median tax bill ranges from $1,542 in zip code 49801 to $1,626 in zip code 49831, showing how location within the city can affect what homeowners pay.
Property taxes help fund local services, so higher assessed values generally lead to higher bills. In Iron Mountain, the 25th percentile tax bill is $1,105, while the 75th percentile reaches $2,284 and the 90th percentile climbs to $3,489. For homeowners, understanding how assessed value and local rates work is important because even small changes can have a noticeable impact on annual housing costs.
Median Iron Mountain Tax Bill
$1,543
Median Dickinson County Tax Bill
$1,306
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Iron Mountain, Dickinson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49801 | $748 | $1,105 | $1,542 | $2,283 | $3,477 |
| 49831 | $1,007 | $1,308 | $1,626 | $2,290 | $3,578 |
| 49802 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 6 |
Links | |
|---|---|
| Dickinson Tax Assessor | |
| Website | bsaonline.com |