Gladwin, Gladwin County, Michigan Property Taxes
Median Gladwin, MI effective property tax rate: 0.52%, significantly lower than the national median of 1.02% and lower than the Michigan state median of 1.07%.
Median Gladwin, MI home value: $108,800
Median annual Gladwin, MI tax bill: $681, $1,719 lower than the national median property tax bill of $2,400.
How are property taxes in Gladwin County calculated?
Property taxes in Gladwin, 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 Gladwin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gladwin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gladwin, Gladwin County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.52%
Estimate Property Tax Bill
$566
$525
Property Tax Rates Across Gladwin, Gladwin County, Michigan
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 Gladwin Tax Rate
0.52%
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 Gladwin County Tax Rate
0.55%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gladwin, Gladwin County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48624 | 0.32% | 0.41% | 0.52% | 1.03% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Gladwin, Gladwin County, Michigan
When examining property taxes in Gladwin, 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 Gladwin 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 Gladwin 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 Gladwin. For example, the median home price in Gladwin is $108,800, with tax bills ranging significantly across the county. Zip code 48624 has the highest median home price at $108,800.
Property Tax Assessment Values Across Gladwin, Gladwin County, Michigan
Source: Ownwell
$91,800
$112,000
$132,200
Median Gladwin Market Value
$108,800
Median Gladwin County Market Value
$105,000
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gladwin, Gladwin County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48624 | $24,100 | $53,800 | $108,800 | $181,550 | $279,500 |
Source: Ownwell
Property Tax Bills Across Gladwin, Gladwin County, Michigan
In Gladwin, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is typically a percentage of the property's market value. Homeowners in Gladwin face a median property tax bill of $681, significantly lower than the national median property tax bill of $2,400. The tax bill can vary widely, with some homeowners paying as little as $316 and others paying up to $1,915, depending on the assessed value and applicable tax rates.
Several factors influence the property tax bill, including local government budgets, school district funding requirements, and any applicable exemptions. For homeowners, these taxes can represent a substantial financial burden, especially if the assessed value does not accurately reflect the market value of the property.
Ownwell can assist homeowners in Gladwin by providing expert property tax appeal services. By ensuring that homes are assessed fairly, Ownwell helps reduce tax liabilities, potentially saving homeowners hundreds of dollars annually.
Median Gladwin Tax Bill
$681
Median Gladwin County Tax Bill
$640
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Gladwin, Gladwin County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48624 | $114 | $316 | $681 | $1,178 | $1,915 |
Source: Ownwell