Cement City, Hillsdale County, Michigan Property Taxes
Median CEMENT CITY, MI effective property tax rate: 0.41%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median CEMENT CITY, MI home value: $236,020
Median annual CEMENT CITY, MI tax bill: $997, $1,403 lower than the national median property tax bill of $2,400.
How are property taxes in Hillsdale calculated?
Property taxes in CEMENT CITY, 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 CEMENT CITY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in CEMENT CITY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cement City, 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
$1,043
$968
Property Tax Rates Across Cement City, Hillsdale County, Michigan
Local government entities set tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budget needs 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 votes and laws play a role in setting these rates and budgets, this is essentially the process followed each year.
In Cement City, located in Hillsdale County, Michigan, the effective property tax rate is quite low compared to both the state and national averages. With a median property tax rate of 0.41%, Cement City offers a more affordable option for property owners compared to the national median of 1.02%. This makes it an attractive location for those looking to minimize their property tax expenses.
Understanding how these rates are determined can empower property owners to make informed decisions about appealing their property taxes or seeking exemptions. By comparing Cement City's effective tax rate to other cities in Michigan and the broader national landscape, one can appreciate the financial advantages of owning property in this area.
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 Cement City 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 Cement City, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49233 | 0.30% | 0.33% | 0.37% | 0.42% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Cement City, Hillsdale County, Michigan
When examining property taxes in Cement City, 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 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 Cement City. For example, the median home price in Cement City is $236,020, with tax bills ranging significantly across the county. Zip code 49233 has the highest median home price at $236,020.
Property Tax Assessment Values Across Cement City, Hillsdale County, Michigan
Source: Ownwell
$84,707
$183,330
$281,952
Median Cement City Market Value
$281,952
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 Cement City, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49233 | $131,943 | $205,926 | $281,952 | $383,132 | $499,117 |
Source: Ownwell
Property Tax Bills Across Cement City, Hillsdale County, Michigan
In Cement City, located in Hillsdale County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value. Homeowners in Cement City face property tax bills that vary significantly, with the 25th percentile at $746 and the 75th percentile at $1,359. The 90th percentile tax bill reaches $1,776, indicating a range of tax burdens depending on property value and other factors. Compared to the national median property tax bill of $2,400, Cement City's tax bills are relatively lower, providing some relief to homeowners.
However, these tax bills can still be a financial strain for some. This is where Ownwell comes in. By offering property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills. Our experts analyze your property's assessed value, identify discrepancies, and file appeals on your behalf, ensuring you pay only your fair share. With Ownwell's assistance, homeowners in Cement City can achieve significant savings on their property taxes.
Median Cement City Tax Bill
$1,064
Median Hillsdale County Tax Bill
$734
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Cement City, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49233 | $539 | $798 | $1,064 | $1,453 | $1,906 |
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 |