Ironwood, Gogebic County, Michigan Property Taxes
Property Taxes in Ironwood, Michigan
Median Ironwood, Michigan effective property tax rate: 1.54%, significantly higher than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Ironwood, Michigan home value: $68,182
Median annual Ironwood, Michigan tax bill: $940, lower than the national median property tax bill of $2,400.
How are property taxes in Gogebic calculated?
Property taxes in Ironwood, Michigan 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 Ironwood's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ironwood, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Ironwood, Gogebic County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.54%
Estimate Property Tax Bill
$1,050
$974
How Does the Ironwood Property Tax Calculator Work?
Use this Ironwood property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Ironwood's median effective tax rate of 1.54% — based on actual property records in Gogebic County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Ironwood's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Ironwood: rates range from 940.00 in 49938 to 940.00 in 49938, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Ironwood.
About Ironwood Property Taxes
About Property Taxes in Ironwood, Gogebic, Michigan
Ironwood’s median effective property tax rate of 1.54% is higher than the Michigan state median of 1.05% and higher than the national median of 1.02%. This rate reflects the Gogebic County base levy combined with local school district levies and Tax increment finance districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Ironwood. Homeowners in the 49938 ZIP code carry a median effective rate of 1.54%, while those in the same ZIP code pay 1.54%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Gogebic County. Understanding which part of Ironwood you live in can make a meaningful difference to your annual tax bill.
Ironwood homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before March 9, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Ironwood, Gogebic County, Michigan
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Ironwood's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Ironwood Tax Rate
1.54%
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 Gogebic County Tax Rate
1.36%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ironwood, Gogebic County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49938 | 0.46% | 0.75% | 1.54% | 2.02% | 2.42% |
Source: Ownwell
Property Tax Assessment Values Across Ironwood, Gogebic County, Michigan
When examining property taxes in Ironwood, 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 Gogebic County assessor 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 Gogebic County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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. For context, the median home price in Ironwood is $68,182, with tax bills ranging from $556 at the 25th percentile to $2,077 at the 90th percentile. The median tax bill is $940, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Ironwood, Gogebic County, Michigan
Source: Ownwell
$60,718
$120,861
$181,003
Median Ironwood Market Value
$68,182
Median Gogebic County Market Value
$76,878
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ironwood, Gogebic County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49938 | $17,286 | $40,000 | $68,182 | $109,192 | $186,717 |
Source: Ownwell
Property Tax Bills Across Ironwood, Gogebic County, Michigan
Property tax bills in Ironwood are calculated by applying the local tax rate to a home’s assessed market value, then adjusting for any exemptions or credits that may apply. The assessed value is a key factor because it determines how much of a homeowner’s property value is subject to taxation. Local taxing authorities use this value to fund services such as schools, roads, and public safety, so changes in assessment can directly affect the final bill.
For homeowners in Ironwood, the median home price is $68,182, and the median property tax bill in the area is $940.00. That is below the national median property tax bill of $2,400, which can make the local burden feel more manageable than in many other places. Still, bills can vary widely, with the 25th percentile at $556 and the 75th percentile at $1,447. Homes in the highest and lowest median tax bill ZIP code, 49938, both show a median bill of $940.00.
Median Ironwood Tax Bill
$940
Median Gogebic County Tax Bill
$1,006
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Ironwood, Gogebic County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49938 | $264 | $556 | $940 | $1,447 | $2,077 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Gogebic Tax Assessor | |
| Website | bsaonline.com |