Saint Louis, Gratiot County, Michigan Property Taxes
- Median Saint Louis, MI effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
- Median Saint Louis, MI home value: $101,000
- Median annual Saint Louis, MI tax bill: $524, $1,876 lower than the national median property tax bill of $2,400.
How are property taxes in Gratiot calculated?
Property taxes in Saint Louis, 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 Saint Louis’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Saint Louis, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Saint Louis, Gratiot County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.29%
Estimate Property Tax Bill
$1,623
$1,506
Property Tax Rates Across Saint Louis, Gratiot County, Michigan
Local government entities in Michigan set tax rates, which can vary widely within the state. Each year, counties like Gratiot estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this process essentially determines your annual property tax bill.
In Saint Louis, located in Gratiot County, the effective property tax rate stands at 0.49%. This rate is notably lower than the national median property tax rate of 1.02%, offering homeowners in Saint Louis a financial advantage when it comes to property taxes. Compared to other cities in Michigan, Saint Louis maintains a consistent tax rate across its zip codes, which can be an appealing factor for potential homeowners. Understanding these rates can help property owners make informed decisions and potentially save on property taxes.
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 Saint Louis Tax Rate
1.29%
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 Gratiot County Tax Rate
1.13%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Saint Louis, Gratiot County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48880 | 0.81% | 1.02% | 1.29% | 1.51% | 1.86% |
Source: Ownwell
Property Tax Assessment Values Across Saint Louis, Gratiot County, Michigan
When examining property taxes in Saint Louis, 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 Gratiot 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 Gratiot 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 Saint Louis. For example, the median home price in Saint Louis is $101,000, with tax bills ranging significantly across the county. 48880 has the highest median home price at $101,000.
Property Tax Assessment Values Across Saint Louis, Gratiot County, Michigan
Source: Ownwell
$64,500
$134,300
$204,100
Median Saint Louis Market Value
$125,800
Median Gratiot County Market Value
$138,800
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Saint Louis, Gratiot County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48880 | $50,400 | $89,000 | $125,800 | $187,200 | $263,640 |
Source: Ownwell
Property Tax Bills Across Saint Louis, Gratiot County, Michigan
In Saint Louis, located in Gratiot County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is a percentage of the market value, and the tax rate is applied to this assessed value to determine the tax bill. For homeowners in Saint Louis, the median home price is $101,000, and the property tax bill can vary significantly. While the 25th percentile tax bill is $357, the 75th percentile reaches $758, and the 90th percentile can go up to $1,085. This variability can present a challenge for homeowners, especially when compared to the national median property tax bill of $2,400.
Ownwell offers expertise in property tax appeals and exemptions, helping homeowners in Saint Louis potentially reduce their tax bills. By identifying discrepancies in assessed values or overlooked exemptions, Ownwell can assist homeowners in securing substantial savings on their property taxes, alleviating the financial burden and ensuring fair taxation.
Median Saint Louis Tax Bill
$1,629
Median Gratiot County Tax Bill
$1,566
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Saint Louis, Gratiot County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48880 | $765 | $1,178 | $1,629 | $2,258 | $3,032 |
Source: Ownwell