Charlotte, Eaton County, Michigan Property Taxes
Median Charlotte, MI effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Charlotte, MI home value: $169,570
Median annual Charlotte, MI tax bill: $1,100, $1,300 lower than the national median property tax bill of $2,400.
How are property taxes in Eaton calculated?
Property taxes in Charlotte, 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 Charlotte’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Charlotte, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Charlotte, Eaton County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$865
$803
Property Tax Rates Across Charlotte, Eaton County, Michigan
Local government entities are responsible for setting property tax rates, resulting in significant variations within a state. This is primarily because each county, like Eaton in Michigan, calculates its budgetary needs annually and divides this by the total value of all taxable properties within its boundaries, establishing the property tax rate. Although votes and legislative measures play a role in determining these rates and budgets, this encapsulates the yearly procedure.
For instance, Charlotte in Eaton County has an effective property tax rate that can be compared to other cities in Michigan and the national average. With Michigan's median property tax rate at 0.51%, it stands significantly below the national median of 1.02%. This means property owners in Charlotte enjoy a lower tax rate compared to many other parts of the country, potentially leading to more manageable tax bills. Understanding these differences can empower property owners to make informed decisions about property investments and appeals.
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 Charlotte Tax Rate
0.51%
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 Eaton County Tax Rate
0.81%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Charlotte, Eaton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48813 | 0.36% | 0.41% | 0.51% | 1.25% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Charlotte, Eaton County, Michigan
When examining property taxes in Charlotte, 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 Eaton 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 Eaton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Charlotte.
For example, the median home price in Charlotte is $169,570, with tax bills ranging significantly across the county. Zip code 48813 has the highest median home price at $169,570.
Property Tax Assessment Values Across Charlotte, Eaton County, Michigan
Source: Ownwell
$131,400
$226,700
$322,000
Median Charlotte Market Value
$169,570
Median Eaton County Market Value
$184,400
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Charlotte, Eaton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48813 | $78,400 | $118,000 | $169,570 | $228,800 | $303,390 |
Source: Ownwell
Property Tax Bills Across Charlotte, Eaton County, Michigan
Median Charlotte Tax Bill
$1,100
Median Eaton County Tax Bill
$1,470
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Charlotte, Eaton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48813 | $478 | $736 | $1,100 | $1,730 | $2,513 |
Source: Ownwell