Copper City, Houghton County, Michigan Property Taxes
Median Copper City, MI effective property tax rate: 1.52%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Copper City, MI home value: $44,690
Median annual Copper City, MI tax bill: $662, $1,738 lower than the national median property tax bill of $2,400.
How are property taxes in Houghton calculated?
Property taxes in Copper 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 Copper City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Copper City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Copper City, Houghton County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.48%
Estimate Property Tax Bill
$733
$680
Property Tax Rates Across Copper City, Houghton County, Michigan
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 Copper City Tax Rate
1.48%
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 Houghton County Tax Rate
0.91%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Copper City, Houghton County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49917 | 0.96% | 1.21% | 1.47% | 2.04% | 2.40% |
Source: Ownwell
Property Tax Assessment Values Across Copper City, Houghton County, Michigan
When examining property taxes in Copper City, 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 Houghton 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 Houghton 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 Copper City. For example, the median home price in Copper City is $44,690, with tax bills ranging significantly across the county. Zip code 49917 has the highest median home price at $44,690.
Property Tax Assessment Values Across Copper City, Houghton County, Michigan
Source: Ownwell
$15,600
$100,700
$185,800
Median Copper City Market Value
$49,544
Median Houghton County Market Value
$112,995
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Copper City, Houghton County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49917 | $2,000 | $4,000 | $49,544 | $66,880 | $82,287 |
Source: Ownwell
Property Tax Bills Across Copper City, Houghton County, Michigan
Median Copper City Tax Bill
$707
Median Houghton County Tax Bill
$989
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Copper City, Houghton County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49917 | $36 | $85 | $707 | $1,010 | $1,226 |
Source: Ownwell