Almont, Lapeer County, Michigan Property Taxes

Name: Property Tax Bills Across Almont, Lapeer County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Almont, MI effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Almont, MI home value: $263,200
Median annual Almont, MI tax bill: $1,378, $1,022 lower than the national median property tax bill of $2,400.

How are property taxes in Lapeer calculated?

Property taxes in Almont, 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 Almont’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Almont, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Almont, Lapeer County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.45%

Estimate Property Tax Bill

$1,184

$1,099

Ownwell’s Almont Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Almont with just two data points. By entering your property's estimated assessed value, our calculator applies Almont’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 Lapeer County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Almont, Lapeer County, Michigan

Local government entities in Michigan determine tax rates, and these can vary significantly across the state. Each county, including Lapeer, estimates its annual budget needed to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. Although votes and laws also play a role in setting these rates and budgets, this is essentially the process followed each year.

Almont, located in Lapeer County, presents an effective property tax rate of 0.45%. This rate is notably lower than the national median property tax rate of 1.02%. When compared to the national median property tax bill of $2,400, Almont's lower rate can potentially result in significant savings for property owners. The consistency of the tax rate in Almont, which matches both the highest and lowest median tax rates in its zip code, highlights its stability in comparison to other regions. This makes Almont an attractive option for those looking to benefit from lower property taxes while still enjoying the amenities offered by the local government.

Property Tax Rates Across Almont, Lapeer County, Michigan

Source: Ownwell

0.30%

0.45%

0.60%

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 Almont Tax Rate

0.45%

Median Effective Lapeer County Tax Rate

0.37%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Almont, Lapeer County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48003	0.28%	0.32%	0.45%	0.97%	1.23%

Source: Ownwell

Property Tax Assessment Values Across Almont, Lapeer County, Michigan

When examining property taxes in Almont, 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 Lapeer 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. Assessment notices: In Lapeer 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 Almont. For example, the median home price in Almont is $263,200, with tax bills ranging significantly across the county. Zip code 48003 has the highest median home price at $263,200.

Property Tax Assessment Values Across Almont, Lapeer County, Michigan

Source: Ownwell

$124,600

$223,600

$322,600

Median Almont Market Value

$263,200

Median Lapeer County Market Value

$215,800

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Almont, Lapeer County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48003	$94,440	$172,400	$263,200	$351,600	$453,280

Source: Ownwell

Property Tax Bills Across Almont, Lapeer County, Michigan

In Almont, located in Lapeer 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 a percentage of the property's market value, and the local tax rate is then applied to this assessed value to determine the annual tax bill. In Almont, the tax bill can vary significantly, with the 25th percentile at $909 and the 90th percentile reaching $2,780. The median tax bill in the area is $1,378, which is below the national median of $2,400. This lower tax bill can provide some relief to homeowners, but it’s still important to ensure that the assessed value is accurate. Homeowners can benefit from appealing their property tax assessments, potentially lowering their tax bills. Ownwell offers expertise in property tax appeals and exemption services, helping homeowners navigate the appeals process effectively. By ensuring assessments are fair, Ownwell can help reduce property tax burdens, offering significant savings for homeowners in Almont.

Property Tax Bills Across Almont, Lapeer County, Michigan

Source: Ownwell

$372

$985

$1,598

Median Almont Tax Bill

$1,378

Median Lapeer County Tax Bill

$858

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Almont, Lapeer County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48003	$521	$909	$1,378	$1,987	$2,780

Source: Ownwell