Grand Blanc, Genesee County, Michigan Property Taxes
Median Grand Blanc, MI effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Grand Blanc, MI home value: $218,200
Median annual Grand Blanc, MI tax bill: $2,086, $314 lower than the national median property tax bill of $2,400.
How are property taxes in Genesee County calculated?
Property taxes in Grand Blanc, 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 Grand Blanc’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grand Blanc, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grand Blanc, Genesee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$2,182
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Property Tax Rates Across Grand Blanc, Genesee County, Michigan
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Grand Blanc, located in Genesee County, Michigan, the effective property tax rate provides a fascinating comparison to other cities in the state and across the nation. The median property tax rate in Michigan aligns closely with the national median property tax rate of 1.02%. Within Grand Blanc, the tax rate is on par with the highest median tax rate in the state, which is 1.00%. This rate is consistent with the highest rate found in the 48439 zip code, while the lowest rate in the state, 0.99%, is found in the 48507 zip code. Understanding these rates can help homeowners make informed decisions about property investments and potential tax liabilities.
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 Grand Blanc Tax Rate
1.00%
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 Genesee County Tax Rate
0.93%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grand Blanc, Genesee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48439 | 0.52% | 0.81% | 1.00% | 1.24% | 1.62% |
| 48507 | 0.76% | 0.85% | 0.99% | 1.26% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Grand Blanc, Genesee County, Michigan
When examining property taxes in Grand Blanc, 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 Genesee 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 Genesee 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 Grand Blanc. For example, the median home price in Grand Blanc is $218,200, with tax bills ranging significantly across the county. Zip code 48439 has the highest median home price at $223,400.
Property Tax Assessment Values Across Grand Blanc, Genesee County, Michigan
Source: Ownwell
$42,400
$166,700
$291,000
Median Grand Blanc Market Value
$218,200
Median Genesee County Market Value
$139,200
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grand Blanc, Genesee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48439 | $116,920 | $164,200 | $223,400 | $306,100 | $400,080 |
| 48507 | $58,000 | $88,200 | $125,900 | $165,100 | $203,340 |
Source: Ownwell
Property Tax Bills Across Grand Blanc, Genesee County, Michigan
Median Grand Blanc Tax Bill
$2,086
Median Genesee County Tax Bill
$1,090
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Grand Blanc, Genesee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48439 | $963 | $1,500 | $2,147 | $3,177 | $4,291 |
| 48507 | $720 | $972 | $1,285 | $1,632 | $2,123 |
Source: Ownwell