Marquette, Dickinson County, Michigan Property Taxes
Median Marquette, MI effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Marquette, MI home value: $55,800
Median annual Marquette, MI tax bill: $490, $1,910 lower than the national median property tax bill of $2,400.
How are property taxes in Dickinson calculated?
Property taxes in Marquette, 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 Marquette’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Marquette, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Marquette, Dickinson County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$491
$456
Property Tax Rates Across Marquette, Dickinson County, Michigan
Local government entities in Marquette, within Marquette County, Michigan, set property tax rates, which can vary significantly across the state. Each year, the county estimates its budget to fund essential services and divides this by the total value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the core process.
In Marquette, the effective property tax rate is 1.56%, which is notably higher than Michigan's median property tax rate of 1.31%. Residents in Marquette pay a median property tax bill of $2,497, slightly above the national median of $2,400. This contrasts with the national median property tax rate of 1.02%. Compared to other cities in Michigan, Marquette's tax rate is relatively high, reflecting the unique budgetary needs and property values within the area. Understanding these differences can help property owners in Marquette make informed decisions about their property taxes and explore potential appeal or exemption opportunities.
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 Marquette Tax Rate
0.88%
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
1.46%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Marquette, Dickinson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49855 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Marquette, Dickinson County, Michigan
When examining property taxes in Marquette, MI, 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.
In Dickinson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Marquette. For example, the median home price in Marquette is $55,800, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Marquette, Dickinson County, Michigan
Source: Ownwell
$63,000
$106,600
$150,200
Median Marquette Market Value
$55,800
Median Dickinson County Market Value
$85,400
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Marquette, Dickinson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49855 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Marquette, Dickinson County, Michigan
In Marquette, located in Dickinson County, MI, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $55,800, which is significantly below the national median home price. Homeowners in Marquette face a median property tax bill of approximately $490, which is considerably lower than the national median property tax bill of $2,400. This lower tax bill provides some relief to homeowners, but it also highlights the importance of ensuring that the assessed value is accurate to avoid overpaying.
Factors such as property improvements, neighborhood changes, and market trends can affect the assessed value, and consequently, the tax bill. Ownwell offers expert property tax appeal services to help homeowners challenge and potentially reduce their tax bills. By leveraging local market insights and a deep understanding of property tax regulations, Ownwell can assist homeowners in Marquette in ensuring their property taxes are fair and not overestimated, ultimately saving them money.
Median Marquette Tax Bill
$490
Median Dickinson County Tax Bill
$1,193
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Marquette, Dickinson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49855 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell