Greenville, Kent County, Michigan Property Taxes
Median Greenville, MI effective property tax rate: 0.34%, significantly lower than the national median of 1.02%, and also lower than the Michigan state median of 1.07%.
Median Greenville, MI home value: $258,400
Median annual Greenville, MI tax bill: $877, $1,523 lower than the national median property tax bill of $2,400.
How are property taxes in Kent calculated?
Property taxes in Greenville, 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 Greenville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Greenville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Greenville, Kent County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.34%
Estimate Property Tax Bill
$879
$815
Ownwell’s Greenville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Greenville with just two data points.
By entering your property's estimated assessed value, our calculator applies Greenville’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 Kent County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Greenville, Kent County, Michigan
Local government entities set tax rates, which can vary widely within a state. This variance is due to each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Greenville, Michigan, located in Kent County, property owners experience an effective property tax rate of 0.34%. This rate is significantly lower than the national median property tax rate of 1.02%. Consequently, residents of Greenville benefit from a more favorable tax environment compared to many other areas in the United States. The median property tax bill in Greenville is also likely to be considerably less than the national median of $2400, offering additional financial relief to homeowners.
By understanding the local tax landscape, property owners in Greenville can make informed decisions regarding their investments and financial planning.
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 Greenville Tax Rate
0.34%
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
0.89%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Greenville, Kent County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48838 | 0.27% | 0.30% | 0.34% | 0.39% | 0.45% |
Source: Ownwell
Property Tax Assessment Values Across Greenville, Kent County, Michigan
When examining property taxes in Greenville, 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 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 Greenville.
For example, the median home price in Greenville is $258,400, with tax bills ranging significantly across the county. Zip code 48838 has the highest median home price at $258,400.
Property Tax Assessment Values Across Greenville, Kent County, Michigan
Source: Ownwell
$165,400
$316,600
$467,800
Median Greenville Market Value
$258,400
Median Kent County Market Value
$248,400
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Greenville, Kent County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48838 | $124,760 | $178,400 | $258,400 | $343,600 | $435,200 |
Source: Ownwell
Property Tax Bills Across Greenville, Kent County, Michigan
In Greenville, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is a percentage of the property's market value and is multiplied by the local tax rate to determine the tax bill. In Kent County, the median tax bill is $877, significantly lower than the national median of $2,400. Factors influencing the tax bill include the property's location, improvements, and market trends. Homeowners in Greenville can find themselves paying anywhere from the 25th percentile tax bill of $571 to the 90th percentile tax bill of $1,646, depending on their property's assessed value and applicable exemptions.
Ownwell can assist homeowners in Greenville by providing expert property tax appeal services, ensuring they are not overpaying on their tax bills. By analyzing property assessments and market conditions, Ownwell identifies potential savings, helping to reduce the financial burden on homeowners. This service is crucial for those looking to optimize their property tax expenses and ensure fair taxation.
Median Greenville Tax Bill
$877
Median Kent County Tax Bill
$2,321
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Greenville, Kent County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48838 | $380 | $571 | $877 | $1,237 | $1,646 |
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 |