Sand Lake, Kent County, Michigan Property Taxes
Median SAND LAKE, MI effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median SAND LAKE, MI home value: $181,600
Median annual SAND LAKE, MI tax bill: $1,371, $1,029 lower than the national median property tax bill of $2,400.
How are property taxes in Kent calculated?
Property taxes in SAND LAKE, 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 SAND LAKE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SAND LAKE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sand Lake, Kent County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$1,611
$1,495
Property Tax Rates Across Sand Lake, Kent County, Michigan
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation occurs because each county, including Kent County, estimates its annual budget to fund essential services and divides it by the total assessed value of all taxable properties in its jurisdiction. This calculation determines the property tax rate. While there are votes and regulations involved in setting tax rates and budgets, this is the basic annual process.
In Sand Lake, located in Kent County, the effective property tax rate is 0.76%. This rate is below the national median property tax rate of 1.02%, making it relatively more affordable for property owners compared to other regions. In fact, Sand Lake shares the same rate as the highest and lowest median tax rates in the county, highlighting a consistency in tax rates within the area. This can be an attractive factor for potential homeowners or investors looking for a location with predictable property tax obligations. Comparing Sand Lake’s rate to the national median provides a perspective on the potential savings and financial planning benefits for residents.
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 Sand Lake Tax Rate
0.70%
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 Sand Lake, Kent County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49343 | 0.27% | 0.44% | 0.70% | 0.94% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Sand Lake, Kent County, Michigan
When examining property taxes in Sand Lake, 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 Sand Lake. For example, the median home price in Sand Lake is $181,600, with tax bills ranging significantly across the county. Zip code 49343 has the highest median home price at $181,600.
Property Tax Assessment Values Across Sand Lake, Kent County, Michigan
Source: Ownwell
$204,600
$394,300
$584,000
Median Sand Lake Market Value
$230,200
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 Sand Lake, Kent County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49343 | $97,600 | $152,900 | $230,200 | $331,900 | $425,600 |
Source: Ownwell
Property Tax Bills Across Sand Lake, Kent County, Michigan
Median Sand Lake Tax Bill
$1,533
Median Kent County Tax Bill
$2,741
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Sand Lake, Kent County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49343 | $471 | $878 | $1,533 | $2,307 | $3,377 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
---|
Links | |
---|---|
Kent Tax Assessor | |
Website | www.accesskent.com |