Gagetown, Huron County, Michigan Property Taxes
Median Gagetown, MI effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Gagetown, MI home value: $121,500
Median annual Gagetown, MI tax bill: $1,350, $1,050 lower than the national median property tax bill of $2,400.
How are property taxes in Huron calculated?
Property taxes in Gagetown, 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 Gagetown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gagetown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gagetown, Huron County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$1,215
$1,127
Property Tax Rates Across Gagetown, Huron 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 Gagetown Tax Rate
1.00%
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 Huron County Tax Rate
1.19%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gagetown, Huron County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48735 | 0.72% | 0.78% | 1.00% | 1.33% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Gagetown, Huron County, Michigan
When examining property taxes in Gagetown, 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 Huron 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 Huron 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 Gagetown. For example, the median home price in Gagetown is $121,500, with tax bills ranging significantly across the county. Zip code 48735 has the highest median home price at $121,500.
Property Tax Assessment Values Across Gagetown, Huron County, Michigan
Source: Ownwell
$83,600
$121,200
$158,800
Median Gagetown Market Value
$121,500
Median Huron County Market Value
$119,000
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gagetown, Huron County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48735 | $62,300 | $84,900 | $121,500 | $171,050 | $231,560 |
Source: Ownwell
Property Tax Bills Across Gagetown, Huron County, Michigan
Median Gagetown Tax Bill
$1,350
Median Huron County Tax Bill
$1,405
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Gagetown, Huron County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48735 | $663 | $966 | $1,350 | $1,665 | $2,041 |
Source: Ownwell