Fulton, Kalamazoo County, Michigan Property Taxes
Median Fulton, MI effective property tax rate: 0.35%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Fulton, MI home value: $149,600
Median annual Fulton, MI tax bill: $559, $1,841 lower than the national median property tax bill of $2,400.
How are property taxes in Kalamazoo calculated?
Property taxes in Fulton, 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 Fulton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fulton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fulton, Kalamazoo County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.3%
Estimate Property Tax Bill
$557
$517
Property Tax Rates Across Fulton, Kalamazoo County, Michigan
Local government entities are responsible for setting tax rates, and these can differ significantly within a state. Each county annually estimates the budget needed to provide essential services and divides this by the total value of all taxable property in its jurisdiction, which determines the property tax rate. While votes and legislative measures play a role in setting these rates and budgets, this is essentially the yearly procedure.
In Fulton, located in Kalamazoo County, Michigan, the effective property tax rate is a notable topic for homeowners. Comparing this rate to other cities within Michigan and to national figures can provide valuable insights. Michigan's median property tax rate is 1.54%, which is higher than the national median of 1.02%. This difference can significantly impact the annual property tax bill for homeowners in Fulton, as it does across the state. Understanding these figures helps property owners make informed decisions about their finances and potential tax appeals.
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 Fulton Tax Rate
0.30%
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 Kalamazoo County Tax Rate
0.71%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fulton, Kalamazoo County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49052 | 0.24% | 0.27% | 0.30% | 0.36% | 0.45% |
Source: Ownwell
Property Tax Assessment Values Across Fulton, Kalamazoo County, Michigan
When examining property taxes in Fulton, 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 Kalamazoo 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 Kalamazoo 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 Fulton. For example, the median home price in Fulton is $149,600, with tax bills ranging significantly across the county. Zip code 49052 has the highest median home price at $149,600.
Property Tax Assessment Values Across Fulton, Kalamazoo County, Michigan
Source: Ownwell
$103,900
$290,650
$477,400
Median Fulton Market Value
$185,600
Median Kalamazoo County Market Value
$242,200
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fulton, Kalamazoo County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49052 | $92,120 | $135,100 | $185,600 | $277,500 | $376,880 |
Source: Ownwell
Property Tax Bills Across Fulton, Kalamazoo County, Michigan
Median Fulton Tax Bill
$586
Median Kalamazoo County Tax Bill
$1,595
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Fulton, Kalamazoo County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49052 | $264 | $384 | $586 | $868 | $1,310 |
Source: Ownwell