Vulcan, Dickinson County, Michigan Property Taxes

Name: Property Tax Bills Across Vulcan, Dickinson County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Vulcan, MI effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Vulcan, MI home value: $131,700
Median annual Vulcan, MI tax bill: $1,177, $1,223 lower than the national median property tax bill of $2,400.

How are property taxes in Dickinson calculated?

Property taxes in Vulcan, 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 Vulcan’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Vulcan, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Vulcan, Dickinson County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.72%

Estimate Property Tax Bill

$1,197

$1,111

Ownwell’s Vulcan Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Vulcan with just two data points. By entering your property's estimated assessed value, our calculator applies Vulcan’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Dickinson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Vulcan, Dickinson County, Michigan

Local government entities have the authority to set tax rates, leading to significant variations within a state. Each county, including Vulcan in Dickinson County, MI, estimates its necessary budget annually to maintain services. This budget is then divided by the total value of all taxable property within the county, determining the property tax rate. Although the process involves votes and legislative actions to establish tax rates and budgets, this is essentially how it unfolds each year. In Vulcan, the effective property tax rate is 0.81%, which is lower than the national median property tax rate of 1.02%. This means that homeowners in Vulcan may benefit from relatively lower property tax bills compared to the national average. By understanding how these rates are set and comparing them to other regions, property owners can make informed decisions about their investments and financial planning.

Property Tax Rates Across Vulcan, Dickinson County, Michigan

Source: Ownwell

0.59%

1.05%

1.52%

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 Vulcan Tax Rate

0.72%

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 Vulcan, Dickinson County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49892	0.50%	0.61%	0.72%	0.95%	1.38%

Source: Ownwell

Property Tax Assessment Values Across Vulcan, Dickinson County, Michigan

When examining property taxes in Vulcan, 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. Assessment notices: 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 Vulcan. For example, the median home price in Vulcan is $131,700, with tax bills ranging significantly across the county. ZIP code 49892 has the highest median home price at $131,700.

Property Tax Assessment Values Across Vulcan, Dickinson County, Michigan

Source: Ownwell

$51,400

$113,100

$174,800

Median Vulcan Market Value

$166,300

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 Vulcan, Dickinson County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49892	$60,800	$94,000	$166,300	$263,850	$379,540

Source: Ownwell

Property Tax Bills Across Vulcan, Dickinson County, Michigan

In Vulcan, located in Dickinson County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Vulcan is $131,700, and the property tax bills vary significantly, with the 25th percentile at $682 and the 75th percentile at $1,828. For homeowners, this means the amount they owe can fluctuate based on changes in property value assessments and local tax rates. Compared to the national median property tax bill of $2,400, Vulcan's tax bills can be relatively lower, which may offer some relief to residents. However, homeowners can still face unexpectedly high bills, such as those in the 90th percentile reaching $2,777. Ownwell can assist homeowners by reviewing their property assessments to ensure accuracy and filing appeals if necessary, potentially lowering their tax obligations and providing significant savings.

Property Tax Bills Across Vulcan, Dickinson County, Michigan

Source: Ownwell

$670

$1,148

$1,626

Median Vulcan Tax Bill

$1,260

Median Dickinson County Tax Bill

$1,306

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Vulcan, Dickinson County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49892	$468	$723	$1,260	$1,969	$3,035

Source: Ownwell