Hale, Iosco County, Michigan Property Taxes

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

Median HALE, MI effective property tax rate: 2.41%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median HALE, MI home value: $46,700
Median annual HALE, MI tax bill: $979, $1,421 lower than the national median property tax bill of $2,400.

How are property taxes in Iosco calculated?

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

Last Updated March 1, 2025

Hale, Iosco County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.41%

Estimate Property Tax Bill

$1,125

$1,044

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

Property Tax Rates Across Hale, Iosco County, Michigan

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing 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, this is the annual process in a nutshell.

In Hale, located in Iosco County, Michigan, the effective property tax rate is notably high compared to the national median of 1.02%. The median property tax rate in Michigan is 2.41%, which is significantly above the national average. This places Hale among the areas with the highest property tax rates in the state.

Comparing Hale's effective property tax rate to other cities in Michigan and the median property tax rates in the U.S. highlights the substantial differences that can exist even within a single state. Understanding these variations can help property owners make informed decisions about property tax appeals and exemptions.

Property Tax Rates Across Hale, Iosco County, Michigan

Source: Ownwell

2.00%

2.63%

3.26%

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 Hale Tax Rate

2.41%

Median Effective Iosco County Tax Rate

2.40%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hale, Iosco County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48739	1.41%	1.62%	2.41%	3.11%	3.51%

Source: Ownwell

Property Tax Assessment Values Across Hale, Iosco County, Michigan

When examining property taxes in Hale, 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 Iosco 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 Iosco 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 Hale.

For example, the median home price in Hale is $46,700, with tax bills ranging significantly across the county. Zip code 48739 has the highest median home price at $46,700.

Property Tax Assessment Values Across Hale, Iosco County, Michigan

Source: Ownwell

$32,050

$49,275

$66,500

Median Hale Market Value

$46,700

Median Iosco County Market Value

$51,600

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hale, Iosco County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48739	$12,000	$23,700	$46,700	$84,600	$137,280

Source: Ownwell

Property Tax Bills Across Hale, Iosco County, Michigan

In Hale, located in Iosco County, MI, property tax bills are calculated based on the assessed value of a property, which is often a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners in Hale, the median property tax bill is $979, significantly lower than the national median of $2,400. This lower tax bill can be attributed to the area's median home price of $46,700. However, tax bills can vary, with the 25th percentile at $555 and the 90th percentile reaching up to $2,961. Various factors, such as property improvements or changes in local tax rates, can influence these amounts. Ownwell offers valuable services to help homeowners in Hale potentially reduce their property tax bills. By providing expert guidance on appealing tax assessments and exploring available exemptions, Ownwell ensures homeowners are not overpaying and can achieve significant savings on their property taxes.

Property Tax Bills Across Hale, Iosco County, Michigan

Source: Ownwell

$726

$1,416

$2,106

Median Hale Tax Bill

$979

Median Iosco County Tax Bill

$1,150

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Hale, Iosco County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48739	$326	$555	$979	$1,898	$2,961

Source: Ownwell