Grant, Kent County, Michigan Property Taxes
Median Grant, MI effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Grant, MI home value: $240,400
Median annual Grant, MI tax bill: $1,616, $784 lower than the national median property tax bill of $2,400.
How are property taxes in Kent calculated?
Property taxes in Grant, 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 Grant’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grant, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grant, Kent County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.66%
Estimate Property Tax Bill
$1,929
$1,790
Property Tax Rates Across Grant, Kent County, Michigan
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 Grant Tax Rate
0.66%
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 Grant, Kent County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49327 | 0.54% | 0.60% | 0.66% | 0.89% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Grant, Kent County, Michigan
When examining property taxes in Grant, 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 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 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 Grant. For example, the median home price in Grant is $240,400, with tax bills ranging significantly across the county. Zip code 49327 has the highest median home price at $240,400.
Property Tax Assessment Values Across Grant, Kent County, Michigan
Source: Ownwell
$204,600
$394,300
$584,000
Median Grant Market Value
$292,200
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 Grant, Kent County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49327 | $129,020 | $251,400 | $292,200 | $374,750 | $416,180 |
Source: Ownwell
Property Tax Bills Across Grant, Kent County, Michigan
In Grant, Kent County, MI, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the home's market value, determined by the local assessor. Homeowners in Grant can expect a median property tax bill of $1,616, which is significantly below the national median of $2,400. Factors influencing these tax bills include the home's location, market trends, and any applicable exemptions. For instance, the 25th percentile tax bill is $1,474, while the 75th percentile reaches $1,990, indicating variability based on property characteristics and assessed values.
These tax bills can impact homeowners' budgets, especially if their property's assessed value increases. Fortunately, Ownwell offers services to help homeowners potentially reduce their property tax bills. By providing expert analysis and appealing inaccurate assessments, Ownwell ensures that homeowners pay only their fair share. This service can lead to significant savings, particularly for those at the higher end of the tax bill spectrum, such as those in the 90th percentile with a tax bill of $2,689.
Median Grant Tax Bill
$1,774
Median Kent County Tax Bill
$2,741
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Grant, Kent County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49327 | $906 | $1,524 | $1,774 | $3,001 | $4,065 |
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 |