Lennon, Genesee County, Michigan Property Taxes
Median Lennon, MI effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Lennon, MI home value: $202,600
Median annual Lennon, MI tax bill: $759, $1,641 lower than the national median property tax bill of $2,400.
How are property taxes in Genesee calculated?
Property taxes in Lennon, 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 Lennon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lennon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lennon, Genesee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.39%
Estimate Property Tax Bill
$790
$733
Ownwell’s Lennon Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lennon with just two data points.
By entering your property's estimated assessed value, our calculator applies Lennon’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 Genesee County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Lennon, Genesee County, Michigan
Local government entities are responsible for setting tax rates, which can vary significantly across Michigan. Each year, counties like Genesee determine their budgetary needs for public services and divide this by the total assessed value of all taxable properties in the area, resulting in the property tax rate. This process, while influenced by votes and regulations, essentially dictates the annual tax rate.
In Lennon, located in Genesee County, the effective property tax rate is a key point of comparison. The median property tax rate in Michigan is 1.54%, which is higher than the national median of 1.02%. However, Lennon’s effective tax rate is notably lower than both the state and national averages. This presents a unique opportunity for property owners in Lennon to benefit from lower tax obligations compared to other areas in Michigan and across the United States. Understanding these rates can help property owners make informed decisions about property investments and tax 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 Lennon Tax Rate
0.39%
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 Lennon, Genesee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48449 | 0.30% | 0.33% | 0.39% | 0.47% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Lennon, Genesee County, Michigan
When examining property taxes in Lennon, Michigan, 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 the season. 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 Lennon. For example, the median home price in Lennon is $202,600, with tax bills ranging significantly across the county. Zip code 48449 has the highest median home price at $202,600.
Property Tax Assessment Values Across Lennon, Genesee County, Michigan
Source: Ownwell
$42,400
$166,700
$291,000
Median Lennon Market Value
$202,600
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 Lennon, Genesee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48449 | $120,400 | $150,600 | $202,600 | $252,000 | $319,000 |
Source: Ownwell
Property Tax Bills Across Lennon, Genesee County, Michigan
In Lennon, located in Genesee County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as the property's location, size, and market conditions can influence the assessed value, directly impacting the homeowner's tax bill. The median home price in Lennon is $202,600, with property tax bills ranging from the 25th percentile at $618 to the 90th percentile at $1,469. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Lennon offers relatively affordable property taxes.
Homeowners in Lennon can benefit from Ownwell's expertise in property tax appeals and exemptions. Ownwell can help identify inaccuracies in property assessments or ensure homeowners receive all eligible exemptions, potentially lowering their tax bills. By leveraging Ownwell's services, homeowners can achieve significant savings, ensuring their property taxes are fair and manageable.
Median Lennon Tax Bill
$759
Median Genesee County Tax Bill
$1,090
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Lennon, Genesee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48449 | $460 | $618 | $759 | $1,070 | $1,469 |
Source: Ownwell