Dodgeville, Houghton County, Michigan Property Taxes
Median Dodgeville, MI effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Dodgeville, MI home value: $79,520
Median annual Dodgeville, MI tax bill: $674, $1,726 lower than the national median property tax bill of $2,400.
How are property taxes in Houghton calculated?
Property taxes in Dodgeville, 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 Dodgeville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dodgeville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dodgeville, Houghton County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.83%
Estimate Property Tax Bill
$753
$699
Ownwell’s Dodgeville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dodgeville with just two data points.
By entering your property's estimated assessed value, our calculator applies Dodgeville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Houghton County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Dodgeville, Houghton County, Michigan
Local government entities are responsible for setting tax rates, which 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 results in the property tax rate.
While votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Dodgeville's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Dodgeville Tax Rate
0.83%
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 Dodgeville, Houghton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49921 | 0.43% | 0.58% | 0.83% | 1.03% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Dodgeville, Houghton County, Michigan
When examining property taxes in Dodgeville, 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 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 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 Dodgeville.
For example, the median home price in Dodgeville is $79,520, with tax bills ranging significantly across the county. The zip code 49921 has the highest median home price at $79,520.
Property Tax Assessment Values Across Dodgeville, Houghton County, Michigan
Source: Ownwell
$15,600
$100,700
$185,800
Median Dodgeville Market Value
$90,732
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 Dodgeville, Houghton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49921 | $40,312 | $66,196 | $90,732 | $126,934 | $181,918 |
Source: Ownwell
Property Tax Bills Across Dodgeville, Houghton County, Michigan
Median Dodgeville Tax Bill
$716
Median Houghton County Tax Bill
$989
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Dodgeville, Houghton County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49921 | $262 | $422 | $716 | $1,058 | $1,470 |
Source: Ownwell