Sagola, Dickinson County, Michigan Property Taxes
Median Sagola, MI effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Sagola, MI home value: $72,700
Median annual Sagola, MI tax bill: $767, $1,633 lower than the national median property tax bill of $2,400.
How are property taxes in Dickinson County calculated?
Property taxes in Sagola, 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 Sagola’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sagola, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sagola, Dickinson County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$650
$604
Property Tax Rates Across Sagola, Dickinson 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.
In Sagola, located within Dickinson County, property owners experience a median property tax rate of 0.83%. This rate is significantly lower than the national median property tax rate of 1.02%. Such a difference can have a substantial impact on homeowners, potentially leading to lower annual property tax bills compared to other regions across the country. Comparing Sagola’s effective property tax rate to other cities in Michigan, as well as to the median property tax rates in Michigan and the U.S., highlights how local tax policies can influence the financial responsibilities of property owners. For those considering purchasing property or appealing property taxes in Sagola, understanding these rates is crucial for making informed decisions.
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 Sagola Tax Rate
0.71%
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 Sagola, Dickinson County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49881 | 0.45% | 0.50% | 0.71% | 1.08% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Sagola, Dickinson County, Michigan
When examining property taxes in Sagola, 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 Sagola. For example, the median home price in Sagola is $72,700, with tax bills ranging significantly across the county. 49881 has the highest median home price at $72,700.
Property Tax Assessment Values Across Sagola, Dickinson County, Michigan
Source: Ownwell
$51,400
$113,100
$174,800
Median Sagola Market Value
$91,600
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 Sagola, Dickinson County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49881 | $10,700 | $51,700 | $91,600 | $169,139 | $258,480 |
Source: Ownwell
Property Tax Bills Across Sagola, Dickinson County, Michigan
Median Sagola Tax Bill
$784
Median Dickinson County Tax Bill
$1,306
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Sagola, Dickinson County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49881 | $306 | $472 | $784 | $1,258 | $1,663 |
Source: Ownwell