Jerome, Jackson County, Michigan Property Taxes
Property Taxes in Jerome, Michigan
Median Jerome, Michigan effective property tax rate: 0.98%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Jerome, Michigan home value: $273,600
Median annual Jerome, Michigan tax bill: $2,726, $326 higher than the national median property tax bill of $2,400.
How are property taxes in Jackson calculated?
Property taxes in Jerome, Michigan 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 Jerome's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Jerome, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Jerome, Jackson County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.98%
Estimate Property Tax Bill
$2,681
$2,488
How Does the Jerome Property Tax Calculator Work?
Use this Jerome property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Jerome's median effective tax rate of 0.98% — based on actual property records in Jackson County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Jerome's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Jerome's median effective tax rate is lower than Michigan's 1.05% state median, but the median property tax bill is $2,726, which is $326 higher than the state median bill. Rates are the same across ZIP code 49249, so your estimate should be consistent within the city.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Jerome.
About Jerome Property Taxes
About Property Taxes in Jerome, Jackson, Michigan
Jerome’s median effective property tax rate of 0.98% is lower than the Jackson County median of 1.05% and lower than the national median of 1.02%. This rate reflects the Jackson County base levy combined with local school district levies and Tax increment finance districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Jerome. Homeowners in ZIP code 49249 carry a median effective rate of 0.98%, while those in the same ZIP code also pay 0.98%. This reflects how school district boundaries and local assessment districts are drawn across Jackson County. Understanding where your home is located in Jerome can make a meaningful difference to your annual tax bill.
Jerome homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before March 9, 2026.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Jerome, Jackson County, Michigan
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county 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.
Below, you can compare Jerome's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Jerome Tax Rate
0.98%
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
1.27%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Jerome, Jackson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49249 | 0.69% | 0.76% | 0.98% | 1.29% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Jerome, Jackson County, Michigan
When examining property taxes in Jerome, 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 Jackson County assessor 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.
Assessment notices:
In Jackson County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Jerome.
For example, the median home price in Jerome is $273,600, with tax bills ranging significantly across the county. 49249 has the highest median home price at $273,600.
Property Tax Assessment Values Across Jerome, Jackson County, Michigan
Source: Ownwell
$114,100
$234,725
$355,350
Median Jerome Market Value
$273,600
Median Jackson County Market Value
$175,000
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Jerome, Jackson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49249 | $121,700 | $158,200 | $273,600 | $426,050 | $592,280 |
Source: Ownwell
Property Tax Bills Across Jerome, Jackson County, Michigan
Property tax bills in Jerome are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the bill is shaped by both what the home is worth and the tax rates set by local taxing authorities.
With a median home price of $273,600, property taxes can be a meaningful part of ownership costs. The typical tax bill in the area falls between $1,477 at the 25th percentile and $4,705 at the 75th percentile, with the 90th percentile reaching $6,445. The median tax bill in ZIP code 49249 is $2,726, which is above the national median property tax bill of $2,400 and slightly above the national median property tax rate of 1.02%.
For homeowners, higher assessed values or higher local rates can increase the bill, while lower assessments can reduce it.
Median Jerome Tax Bill
$2,726
Median Jackson County Tax Bill
$2,223
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Jerome, Jackson County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49249 | $1,036 | $1,477 | $2,726 | $4,705 | $6,445 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Jackson Tax Assessor | |
| Website | bsaonline.com |