Freeport, Ionia County, Michigan Property Taxes

Name: Property Tax Bills Across Freeport, Ionia County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Freeport, MI effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Freeport, MI home value: $213,200
Median annual Freeport, MI tax bill: $880, $1,520 lower than the national median property tax bill of $2,400.

How are property taxes in Ionia calculated?

Property taxes in Freeport, 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 Freeport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Freeport, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Freeport, Ionia County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$1,942

$1,802

Ownwell's Freeport Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Freeport with just two data points. By entering your property's estimated assessed value, our calculator applies Freeport’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 Ionia. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Freeport, Ionia County, Michigan

Local government entities set tax rates, which can vary widely within a state. This is because each county annually 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.

Freeport in Ionia County, MI, presents an interesting case study. The effective property tax rate in Freeport is significantly lower than the national median property tax rate of 1.02%. This low rate can be attributed to the county's budgetary needs and the total assessed property value in the area. Compared to other cities in Michigan, Freeport's rate stands out as particularly low, considering the state's median property tax rate is also below the national average. This makes Freeport an attractive location for property owners looking to minimize their tax burden while still enjoying the services funded by these taxes. Understanding these nuances can help property owners make informed decisions about where to invest or settle in Michigan.

Property Tax Rates Across Freeport, Ionia County, Michigan

Source: Ownwell

0.67%

0.94%

1.21%

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 Freeport Tax Rate

0.79%

Median Effective Ionia County Tax Rate

1.06%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Freeport, Ionia County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49325	0.58%	0.69%	0.79%	0.90%	1.22%

Source: Ownwell

Property Tax Assessment Values Across Freeport, Ionia County, Michigan

When examining property taxes in Freeport, 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 Ionia 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 Ionia 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 Freeport. For example, the median home price in Freeport is $213,200, with tax bills ranging significantly across the county. Zip code 49325 has the highest median home price at $213,200.

Property Tax Assessment Values Across Freeport, Ionia County, Michigan

Source: Ownwell

$92,900

$213,350

$333,800

Median Freeport Market Value

$245,800

Median Ionia County Market Value

$186,400

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Freeport, Ionia County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49325	$117,600	$194,900	$245,800	$376,300	$450,080

Source: Ownwell

Property Tax Bills Across Freeport, Ionia County, Michigan

In Freeport, located in Ionia County, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Factors influencing the tax bill include changes in home values and local government budgetary needs. In Freeport, the median home price is $213,200, with tax bills ranging from the 25th percentile at $559 to the 90th percentile at $1,517. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Freeport's property taxes are relatively lower, with the highest and lowest median tax bills in the area both at $880 in the 49325 zip code. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions, ensuring that they are not overpaying. By leveraging local expertise and data-driven insights, Ownwell helps homeowners reduce their tax burden and keep more money in their pockets.

Property Tax Bills Across Freeport, Ionia County, Michigan

Source: Ownwell

$639

$1,917

$3,194

Median Freeport Tax Bill

$2,190

Median Ionia County Tax Bill

$2,034

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Freeport, Ionia County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49325	$1,041	$1,400	$2,190	$3,183	$3,868

Source: Ownwell