Galesburg, Kalamazoo County, Michigan Property Taxes
Median Galesburg, MI effective property tax rate: 0.47%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Galesburg, MI home value: $210,600
Median annual Galesburg, MI tax bill: $1,084, $1,316 lower than the national median property tax bill of $2,400.
How are property taxes in Kalamazoo calculated?
Property taxes in Galesburg, 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 Galesburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Galesburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Galesburg, Kalamazoo County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.47%
Estimate Property Tax Bill
$990
$919
Ownwell’s Galesburg Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Galesburg with just two data points.
By entering your property's estimated assessed value, our calculator applies Galesburg’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 Kalamazoo County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Galesburg, Kalamazoo County, Michigan
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budgetary needs to provide essential services and divides this by the total value of taxable property within its jurisdiction, determining the property tax rate. While votes and legislation play roles in setting these rates and budgets, this is the fundamental process followed every year.
In Galesburg, located in Kalamazoo County, the effective property tax rate is 0.47%. This rate is notably lower than the national median property tax rate of 1.02%. Additionally, the median property tax bill in Galesburg is significantly less than the national median of $2,400. Such a difference highlights the affordability of property ownership in Galesburg compared to other regions across the United States. By understanding these variations, property owners can make informed decisions about potential savings through property tax appeals and exemptions.
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 Galesburg Tax Rate
0.47%
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
0.87%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Galesburg, Kalamazoo County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49053 | 0.37% | 0.41% | 0.47% | 0.54% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Galesburg, Kalamazoo County, Michigan
When examining property taxes in Galesburg, 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 Assessor's Office 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 Kalamazoo 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 Galesburg. For example, the median home price in Galesburg is $210,600, with tax bills ranging significantly across the county. 49053 has the highest median home price at $210,600.
Property Tax Assessment Values Across Galesburg, Kalamazoo County, Michigan
Source: Ownwell
$78,800
$232,650
$386,500
Median Galesburg Market Value
$210,600
Median Kalamazoo County Market Value
$197,650
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Galesburg, Kalamazoo County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49053 | $99,800 | $145,450 | $210,600 | $275,800 | $372,400 |
Source: Ownwell
Property Tax Bills Across Galesburg, Kalamazoo County, Michigan
Median Galesburg Tax Bill
$1,084
Median Kalamazoo County Tax Bill
$1,531
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Galesburg, Kalamazoo County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49053 | $574 | $798 | $1,084 | $1,507 | $2,290 |
Source: Ownwell
