Litchfield, Jackson County, Michigan Property Taxes
Median Litchfield, MI effective property tax rate: 0.38%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Litchfield, MI home value: $124,200
Median annual Litchfield, MI tax bill: $495, $1,905 lower than the national median property tax bill of $2,400.
How are property taxes in Jackson calculated?
Property taxes in Litchfield, 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 Litchfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Litchfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Litchfield, Jackson County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$1,461
$1,356
Property Tax Rates Across Litchfield, Jackson County, Michigan
Local government entities determine property tax rates, which can vary significantly within a state. Each county, such as Litchfield in Jackson County, MI, calculates its annual budget needs for essential services and divides this by the total assessed value of all taxable property within its boundaries. This calculation establishes the property tax rate. Although votes and legislation play a role in setting tax rates and budgets, this is the fundamental yearly process.
In Litchfield, the effective property tax rate is a crucial factor for homeowners to consider. Compared to other cities in Michigan, Litchfield's rate can offer a more favorable scenario for property owners. With Michigan's median property tax rate sitting at 1.54%, Litchfield's rate provides a distinct advantage. The national median property tax rate stands at 1.02%, making Litchfield's rate notably lower, which can significantly impact a homeowner's annual tax bill. Understanding these rates and how they compare to state and national medians is essential for property owners looking to make informed decisions and potentially save on their property taxes.
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 Litchfield Tax Rate
0.88%
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 Litchfield, Jackson County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49252 | 0.61% | 0.70% | 0.88% | 1.13% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Litchfield, Jackson County, Michigan
When examining property taxes in Litchfield, 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 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 May. 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 Litchfield. For example, the median home price in Litchfield is $124,200, with tax bills ranging significantly across the county. Zip code 49252 has the highest median home price at $124,200.
Property Tax Assessment Values Across Litchfield, Jackson County, Michigan
Source: Ownwell
$114,100
$234,725
$355,350
Median Litchfield Market Value
$166,000
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 Litchfield, Jackson County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49252 | $36,800 | $72,400 | $166,000 | $268,200 | $312,400 |
Source: Ownwell
Property Tax Bills Across Litchfield, Jackson County, Michigan
Median Litchfield Tax Bill
$1,614
Median Jackson County Tax Bill
$2,223
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Litchfield, Jackson County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49252 | $375 | $720 | $1,614 | $2,281 | $2,815 |
Source: Ownwell