Remus, Isabella County, Michigan Property Taxes
Median Remus, MI effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Remus, MI home value: $122,400
Median annual Remus, MI tax bill: $1,243, $1,157 lower than the national median property tax bill of $2,400.
How are property taxes in Isabella County calculated?
Property taxes in Remus, 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 Remus’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Remus, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Remus, Isabella County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.02%
Estimate Property Tax Bill
$1,421
$1,319
Ownwell’s Remus Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Remus with just two data points.
By entering your property's estimated assessed value, our calculator applies Remus’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 Isabella County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Remus, Isabella 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 Remus Tax Rate
1.02%
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 Isabella County Tax Rate
1.16%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Remus, Isabella County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49340 | 0.61% | 0.80% | 1.02% | 1.31% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Remus, Isabella County, Michigan
When examining property taxes in Remus, 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 Isabella 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 Isabella 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 Remus.
For example, the median home price in Remus is $122,400, with tax bills ranging significantly across the county. Zip code 49340 has the highest median home price at $122,400.
Property Tax Assessment Values Across Remus, Isabella County, Michigan
Source: Ownwell
$74,400
$122,200
$170,000
Median Remus Market Value
$139,300
Median Isabella County Market Value
$159,600
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Remus, Isabella County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49340 | $53,860 | $81,350 | $139,300 | $223,050 | $317,120 |
Source: Ownwell
Property Tax Bills Across Remus, Isabella County, Michigan
In Remus, located in Isabella County, MI, property tax bills are determined by the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to calculate the tax bill. Homeowners in Remus face varying tax bills, with the 25th percentile at $829 and the 75th percentile reaching $1,965. The 90th percentile tax bill climbs to $2,782, which is above the national median tax bill of $2,400. This indicates a significant range in property tax obligations, influenced by factors such as property size, location, and improvements. Homeowners can find these tax bills burdensome, especially when they exceed the national median property tax rate of 1.02%.
Ownwell offers valuable services to help homeowners in Remus potentially reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell can assist homeowners in reassessing their property's value, ensuring they are not overpaying on their taxes, and ultimately saving money.
Median Remus Tax Bill
$1,379
Median Isabella County Tax Bill
$1,856
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Remus, Isabella County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49340 | $559 | $883 | $1,379 | $2,303 | $3,374 |
Source: Ownwell