Quincy, Hillsdale County, Michigan Property Taxes
Median Quincy, MI effective property tax rate: 0.36%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Quincy, MI home value: $154,488
Median annual Quincy, MI tax bill: $592, $1,808 lower than the national median property tax bill of $2,400.
How are property taxes in Hillsdale calculated?
Property taxes in Quincy, 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 Quincy's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Quincy, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Quincy, 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
$622
$577
Property Tax Rates Across Quincy, Hillsdale County, Michigan
Local government entities set tax rates, which can vary widely within a state. 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.
In Quincy, Hillsdale County, Michigan, property tax rates can be notably different from those in other cities across the state. Michigan's median property tax rate is lower than the national median, providing residents with potential savings compared to other regions. However, the effective tax rate in Quincy might differ from the state median, impacting homeowners' annual tax bills. By comparing Quincy's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S., homeowners can better understand their tax obligations and explore potential savings. Understanding these differences is crucial for property owners looking to manage their finances effectively and ensure they are not overpaying on their 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 Quincy 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 Quincy, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49082 | 0.25% | 0.28% | 0.37% | 0.46% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Quincy, Hillsdale County, Michigan
When examining property taxes in Quincy, 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 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 March. 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 Quincy.
For example, the median home price in Quincy is $154,488, with tax bills ranging significantly across the county. Zip code 49082 has the highest median home price at $154,488.
Property Tax Assessment Values Across Quincy, Hillsdale County, Michigan
Source: Ownwell
$84,707
$183,330
$281,952
Median Quincy Market Value
$167,979
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 Quincy, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49082 | $47,433 | $104,056 | $167,979 | $255,406 | $416,090 |
Source: Ownwell
Property Tax Bills Across Quincy, Hillsdale County, Michigan
Median Quincy Tax Bill
$624
Median Hillsdale County Tax Bill
$734
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Quincy, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49082 | $209 | $369 | $624 | $969 | $1,524 |
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 |