Lowell, Ionia County, Michigan Property Taxes

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

Median Lowell, MI effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, and also lower than the Michigan state median of 1.07%.
Median Lowell, MI home value: $209,200
Median annual Lowell, MI tax bill: $896, $1,504 lower than the national median property tax bill of $2,400.

How are property taxes in Ionia calculated?

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

Last Updated March 1, 2025

Lowell, Ionia County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.4%

Estimate Property Tax Bill

$837

$777

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

Property Tax Rates Across Lowell, 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.

In Lowell, located in Ionia County, Michigan, the effective property tax rate is significantly lower than the national median. Michigan's median property tax rate is also notably below the national average. This can result in substantial savings for property owners compared to other regions.

For homeowners in Lowell, the lower tax rate can make a significant difference in annual expenses, potentially freeing up funds for other investments or personal use. When compared to other cities in Michigan and the broader U.S., Lowell offers a more favorable property tax environment. This makes it an attractive location for potential homeowners looking to optimize their property-related expenses.

Property Tax Rates Across Lowell, Ionia County, Michigan

Source: Ownwell

0.40%

0.74%

1.09%

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 Lowell Tax Rate

0.40%

Median Effective Ionia County Tax Rate

0.49%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lowell, Ionia County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49331	0.33%	0.36%	0.40%	0.50%	0.56%

Source: Ownwell

Property Tax Assessment Values Across Lowell, Ionia County, Michigan

When examining property taxes in Lowell, 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 May. 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 Lowell. For example, the median home price in Lowell is $209,200, with tax bills ranging significantly across the county. Zip code 49331 has the highest median home price at $209,200.

Property Tax Assessment Values Across Lowell, Ionia County, Michigan

Source: Ownwell

$68,800

$158,000

$247,200

Median Lowell Market Value

$209,200

Median Ionia County Market Value

$146,400

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lowell, Ionia County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49331	$88,680	$141,800	$209,200	$292,600	$356,720

Source: Ownwell

Property Tax Bills Across Lowell, Ionia County, Michigan

In Lowell, located in Ionia County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value typically represents 50% of the property's market value. The property tax rate is then applied to this assessed value to determine the tax bill. For homeowners in Lowell, the property tax bill can vary significantly. At the 25th percentile, the tax bill is $594, while at the 75th percentile, it rises to $1,276, and at the 90th percentile, it can reach $1,751. Compared to the national median property tax bill of $2,400, homeowners in Lowell generally experience lower property tax bills. However, even with these lower rates, property taxes can still be a significant expense. Ownwell offers valuable services to help homeowners in Lowell potentially reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell assists homeowners in ensuring their property is fairly assessed, potentially leading to substantial savings.

Property Tax Bills Across Lowell, Ionia County, Michigan

Source: Ownwell

$265

$791

$1,316

Median Lowell Tax Bill

$896

Median Ionia County Tax Bill

$910

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Lowell, Ionia County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49331	$388	$594	$896	$1,276	$1,751

Source: Ownwell