Oscoda, Iosco County, Michigan Property Taxes
Median Oscoda, MI effective property tax rate: 2.35%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Oscoda, MI home value: $48,100
Median annual Oscoda, MI tax bill: $1,088, $1,312 lower than the national median property tax bill of $2,400.
How are property taxes in Iosco calculated?
Property taxes in Oscoda, 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 Oscoda’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oscoda, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Oscoda, Iosco County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.35%
Estimate Property Tax Bill
$1,130
$1,049
Property Tax Rates Across Oscoda, Iosco 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 Oscoda Tax Rate
2.35%
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 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 Oscoda, Iosco County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48750 | 1.58% | 1.77% | 2.35% | 3.18% | 3.83% |
Source: Ownwell
Property Tax Assessment Values Across Oscoda, Iosco County, Michigan
Property Tax Assessment Values Across Oscoda, Iosco County, Michigan
Source: Ownwell

$32,050
$49,275
$66,500
Median Oscoda Market Value
$48,100
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 Oscoda, Iosco County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48750 | $17,000 | $34,400 | $48,100 | $74,500 | $118,240 |
Source: Ownwell
Property Tax Bills Across Oscoda, Iosco County, Michigan
In Oscoda, located in Iosco County, MI, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, and local government authorities set the tax rate. With a median home price of $48,100, the tax bill can vary significantly. For instance, the 25th percentile tax bill is $708, while the 75th percentile reaches $1,843, and the 90th percentile can soar to $3,278. This variability impacts homeowners, as those with higher tax bills may face financial strain compared to the national median property tax bill of $2,400.
Ownwell assists homeowners in reducing their property tax bills by offering expert property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell can help ensure homeowners are not overpaying. This service is invaluable in a region where property tax bills can range widely, providing potential savings and financial relief.
Median Oscoda Tax Bill
$1,088
Median Iosco County Tax Bill
$1,150
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Oscoda, Iosco County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48750 | $449 | $708 | $1,088 | $1,843 | $3,278 |
Source: Ownwell