Camden, Hillsdale County, Michigan Property Taxes
Median Camden, MI effective property tax rate: 0.42%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%. Median Camden, MI home value: $163,464. Median annual Camden, MI tax bill: $643, $1,757 lower than the national median property tax bill of $2,400.
How are property taxes in Hillsdale calculated?
Property taxes in Camden, 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 Camden’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Camden, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Camden, Hillsdale County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.37%
Estimate Property Tax Bill
$691
$641
Property Tax Rates Across Camden, Hillsdale County, Michigan
Local government entities determine tax rates, and these can vary significantly within a state. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While setting tax rates and budgets involves votes and laws, this is the annual process in a nutshell.
In Camden, located in Hillsdale County, Michigan, the effective property tax rate offers an interesting comparison within the state and against national figures. Michigan's median property tax rate is notably lower than the national median of 1.02%, providing a financial advantage for property owners in the state. Camden's property tax rate reflects this trend, making it an attractive location for those seeking lower property tax liabilities. This is particularly appealing when considering the national median property tax bill of $2,400. By understanding these local tax dynamics, property owners in Camden can better appreciate the financial benefits of their location and make informed decisions regarding their real estate investments.
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 Camden Tax Rate
0.37%
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 Hillsdale County Tax Rate
0.39%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Camden, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49232 | 0.24% | 0.30% | 0.37% | 0.43% | 0.53% |
Source: Ownwell
Property Tax Assessment Values Across Camden, Hillsdale County, Michigan
When examining property taxes in Camden, 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 Hillsdale 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 Hillsdale County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Camden.
For example, the median home price in Camden is $163,464, with tax bills ranging significantly across the county. Zip code 49232 has the highest median home price at $163,464.
Property Tax Assessment Values Across Camden, Hillsdale County, Michigan
Source: Ownwell
$84,707
$183,330
$281,952
Median Camden Market Value
$186,758
Median Hillsdale County Market Value
$159,094
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Camden, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49232 | $50,084 | $91,224 | $186,758 | $338,828 | $508,514 |
Source: Ownwell
Property Tax Bills Across Camden, Hillsdale County, Michigan
Median Camden Tax Bill
$684
Median Hillsdale County Tax Bill
$734
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Camden, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49232 | $225 | $396 | $684 | $1,183 | $1,733 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Hillsdale Tax Assessor | |
| Website | app.fetchgis.com |