Conklin, Kent County, Michigan Property Taxes
- Median Conklin, MI effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
- Median Conklin, MI home value: $330,500
- Median annual Conklin, MI tax bill: $1,941, $459 lower than the national median property tax bill of $2,400.
How are property taxes in Kent County calculated?
Property taxes in Conklin, 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 Conklin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Conklin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Conklin, Kent County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.53%
Estimate Property Tax Bill
$2,251
$2,089
Property Tax Rates Across Conklin, Kent County, Michigan
Local government entities set property tax rates, which can significantly differ within Michigan. This variation is mainly because each county annually estimates the budget needed to provide services and then divides it by the total value of all taxable properties within its jurisdiction, resulting in the property tax rate. While votes and regulations play a role in establishing these rates and budgets, this is essentially the annual process.
In Conklin, located in Kent County, the effective property tax rate stands at 0.64%, which is notably below Michigan's median rate and the national median property tax rate of 1.02%. This lower rate can result in substantial savings for property owners compared to those in areas with higher rates.
When comparing Conklin's rate to other cities in Michigan, it becomes evident that Conklin offers a more favorable tax environment, making it an attractive option for homeowners. By understanding these differences, property owners in Conklin can better appreciate the financial benefits of their location, especially when contrasted with the national median property tax bill of $2,400.
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 Conklin Tax Rate
0.53%
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 Kent County Tax Rate
0.84%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Conklin, Kent County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49403 | 0.48% | 0.50% | 0.53% | 0.60% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Conklin, Kent County, Michigan
When examining property taxes in Conklin, 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 Kent 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 Kent 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 Conklin. For example, the median home price in Conklin is $330,500, with tax bills ranging significantly across the county. Zip code 49403 has the highest median home price at $330,500.
Property Tax Assessment Values Across Conklin, Kent County, Michigan
Source: Ownwell
$204,600
$394,300
$584,000
Median Conklin Market Value
$424,800
Median Kent County Market Value
$309,200
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Conklin, Kent County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49403 | $256,400 | $293,600 | $424,800 | $580,000 | $784,800 |
Source: Ownwell
Property Tax Bills Across Conklin, Kent County, Michigan
In Conklin, Kent County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is usually a percentage of the home's market value. Factors such as location, size, and condition of the property are considered when determining this value. In Conklin, the median property tax bill is $1,941, which is below the national median of $2,400. Homeowners in Conklin may see a tax bill ranging from $1,586 at the 25th percentile to $3,649 at the 90th percentile, depending on their property's assessed value. This variability can significantly impact homeowners' finances, especially if property values rise.
Ownwell offers a solution by providing expert property tax appeal services to help homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in filing appeals, ensuring they are not overpaying on their property taxes. This service can lead to substantial savings, offering homeowners financial relief and peace of mind.
Median Conklin Tax Bill
$2,524
Median Kent County Tax Bill
$2,741
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Conklin, Kent County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49403 | $1,687 | $1,905 | $2,524 | $3,072 | $3,963 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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Kent Tax Assessor | |
Website | www.accesskent.com |