Grass Lake, Jackson County, Michigan Property Taxes
Median Grass Lake, MI effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Grass Lake, MI home value: $250,644
Median annual Grass Lake, MI tax bill: $2,240, $160 lower than the national median property tax bill of $2,400.
How are property taxes in Jackson County calculated?
Property taxes in Grass Lake, 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 Grass Lake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grass Lake, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grass Lake, Jackson County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.94%
Estimate Property Tax Bill
$2,356
$2,186
Property Tax Rates Across Grass Lake, Jackson County, Michigan
Local government entities are responsible for setting property tax rates, which can differ significantly across a state. This variation arises because each county annually estimates the budget needed to deliver services and divides this by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. Although the process involves votes and legal frameworks, this is essentially how it works each year.
In Grass Lake, located in Jackson County, Michigan, the effective property tax rate stands at 0.94%, which is slightly below the national median of 1.02%. This rate reflects the local government's fiscal strategy and the services it provides to residents. Compared to other areas in Michigan, Grass Lake's tax rate is consistent, as it also ranks as both the highest and lowest median tax rate in the 49240 zip code.
Understanding these rates can help property owners make informed decisions, especially when considering property tax appeals or exemptions. By comparing Grass Lake's property tax rate to state and national medians, residents can gain insight into how their local tax obligations measure up.
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 Grass Lake Tax Rate
0.94%
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 Jackson County Tax Rate
0.86%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grass Lake, Jackson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49240 | 0.45% | 0.77% | 0.94% | 1.21% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Grass Lake, Jackson County, Michigan
When examining property taxes in Grass Lake, 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 Jackson 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 Jackson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Grass Lake. For example, the median home price in Grass Lake is $250,644, with tax bills ranging significantly across the county. ZIP code 49240 has the highest median home price at $250,644.
Property Tax Assessment Values Across Grass Lake, Jackson County, Michigan
Source: Ownwell
$89,400
$202,950
$316,500
Median Grass Lake Market Value
$250,644
Median Jackson County Market Value
$149,600
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grass Lake, Jackson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49240 | $37,200 | $161,300 | $250,644 | $335,200 | $431,980 |
Source: Ownwell
Property Tax Bills Across Grass Lake, Jackson County, Michigan
In Grass Lake within Jackson County, MI, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as property improvements, neighborhood changes, and local government budgets can influence these assessments. Homeowners in Grass Lake typically face a median tax bill of $2,240, which is slightly below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,386 and the 90th percentile reaching $4,228. Such variability can impact homeowners' financial planning and budgeting.
Ownwell assists homeowners by providing property tax appeal and exemption services, ensuring they aren't overpaying on their taxes. By analyzing property assessments and market conditions, Ownwell identifies opportunities for tax reductions, potentially leading to significant savings. This service not only alleviates financial pressure but also offers peace of mind, knowing one's tax obligations are fair and accurate.
Median Grass Lake Tax Bill
$2,240
Median Jackson County Tax Bill
$1,283
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Grass Lake, Jackson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49240 | $406 | $1,386 | $2,240 | $3,167 | $4,228 |
Source: Ownwell