Ramsay, Gogebic County, Michigan Property Taxes
Property Taxes in Ramsay, Michigan
Median Ramsay, Michigan effective property tax rate: 1.09%, significantly higher than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Ramsay, Michigan home value: $60,718
Median annual Ramsay, Michigan tax bill: $663, $1,737 lower than the national median property tax bill of $2,400.
How are property taxes in Gogebic calculated?
Property taxes in Ramsay, 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 Ramsay's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ramsay, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Ramsay, Gogebic County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$662
$614
How Does the Ramsay Property Tax Calculator Work?
Use this Ramsay property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Ramsay's median effective tax rate of 1.09% — 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 Ramsay's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill is the same across ZIP codes in Ramsay: rates are 1.09% in 49959, with no ZIP-level variation in the available data. That is slightly higher than the 1.05% state median tax rate, but Ramsay’s $663 median property tax bill is $1,737 lower than the state median bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Ramsay.
About Ramsay Property Taxes
About Property Taxes in Ramsay, Gogebic, Michigan
Ramsay’s median effective property tax rate of 1.09% 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 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 Ramsay. Homeowners in the 49959 ZIP code carry a median effective rate of 1.09%, while those in the same ZIP code also pay 1.09%. This spread of 0.00 percentage points across the city reflects how school district boundaries and local assessment districts are drawn across Gogebic County. Understanding where you live in Ramsay can make a meaningful difference to your annual tax bill.
Ramsay homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the March 9, 2026 deadline each year.
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 Ramsay, 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 Ramsay'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 Ramsay Tax Rate
1.09%
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 Ramsay, Gogebic County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49959 | 0.75% | 0.85% | 1.09% | 1.33% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Ramsay, Gogebic County, Michigan
When examining property taxes in Ramsay, 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 assessment office 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 are sent in February each year, and they typically reach your mailbox by the middle of the month.
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. The median home price in Ramsay is $60,718, and the median tax bill is $663, well below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Ramsay, Gogebic County, Michigan
Source: Ownwell
$60,718
$120,861
$181,003
Median Ramsay Market Value
$60,718
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 Ramsay, Gogebic County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49959 | $24,598 | $49,900 | $60,718 | $76,610 | $107,783 |
Source: Ownwell
Property Tax Bills Across Ramsay, Gogebic County, Michigan
Property tax bills in Ramsay are based on the assessed value of a home and the local tax rate set for the area. For homeowners, the bill is calculated by applying that rate to the property’s assessed market value, so changes in value can directly affect what is owed each year.
In Ramsay, the median home price is $60,718, and the median property tax bill is $663.00. That is well below the national median property tax bill of $2,400, reflecting the lower home values in the area. Bills can still vary from home to home depending on the assessed value, exemptions, and the specific tax rate applied.
For many homeowners, a higher assessed value means a higher tax bill, while a lower assessed value can reduce it. Understanding how the bill is determined helps homeowners see why their property taxes change and what factors may be influencing the amount they pay.
Median Ramsay Tax Bill
$663
Median Gogebic County Tax Bill
$1,006
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Ramsay, Gogebic County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49959 | $228 | $486 | $663 | $947 | $1,364 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Gogebic Tax Assessor | |
| Website | bsaonline.com |