Columbiaville, Lapeer County, Michigan Property Taxes

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

Median Columbiaville, MI effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Columbiaville, MI home value: $188,800
Median annual Columbiaville, MI tax bill: $606, $1,794 lower than the national median property tax bill of $2,400.

How are property taxes in Lapeer calculated?

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

Last Updated March 1, 2025

Columbiaville, Lapeer County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.43%

Estimate Property Tax Bill

$897

$832

Ownwell’s Columbiaville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Columbiaville with just two data points. By entering your property's estimated assessed value, our calculator applies Columbiaville’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 Columbiaville, Lapeer County, Michigan

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides 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. Below, you can compare Columbiaville’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. Columbiaville, located in Lapeer County, boasts a property tax rate significantly lower than the national median. This makes it an attractive option for homeowners seeking lower tax obligations. The median property tax rate in Michigan is also notably below the national average, offering further incentive for potential residents. By choosing Columbiaville, homeowners can enjoy the benefits of reduced property taxes while still accessing essential services. This financial advantage can lead to long-term savings and increased property value, making it a desirable location for both current and prospective homeowners.

Property Tax Rates Across Columbiaville, Lapeer County, Michigan

Source: Ownwell

0.30%

0.57%

0.83%

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 Columbiaville Tax Rate

0.43%

Median Effective Lapeer County Tax Rate

0.41%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Columbiaville, Lapeer County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48421	0.26%	0.30%	0.43%	0.71%	0.94%

Source: Ownwell

Property Tax Assessment Values Across Columbiaville, Lapeer County, Michigan

When examining property taxes in Columbiaville, 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 authority 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 Lapeer 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 Columbiaville.

For example, the median home price in Columbiaville is $188,800, with tax bills ranging significantly across the county. The 48421 zip code has the highest median home price at $188,800.

Property Tax Assessment Values Across Columbiaville, Lapeer County, Michigan

Source: Ownwell

$137,000

$291,500

$446,000

Median Columbiaville Market Value

$208,600

Median Lapeer County Market Value

$243,000

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Columbiaville, Lapeer County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48421	$102,160	$147,600	$208,600	$285,100	$385,800

Source: Ownwell

Property Tax Bills Across Columbiaville, Lapeer County, Michigan

In Columbiaville, Lapeer County, MI, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. The tax rate is then applied to this assessed value to calculate the tax bill. Factors such as the local tax rate and the home's assessed value play a crucial role in the final amount. With a median home price of $188,800, homeowners in Columbiaville can expect property tax bills that vary significantly. The 25th percentile tax bill is $426, while the 75th percentile reaches $865, and the 90th percentile climbs to $1,261. Compared to the national median property tax bill of $2,400, Columbiaville's figures are relatively low. However, even these amounts can impact homeowners' budgets. Ownwell can assist by providing property tax appeal and exemption services, potentially lowering tax bills. By identifying discrepancies in assessments or ensuring eligibility for exemptions, Ownwell helps homeowners in Columbiaville save on their property taxes, offering peace of mind and financial relief.

Property Tax Bills Across Columbiaville, Lapeer County, Michigan

Source: Ownwell

$626

$1,148

$1,670

Median Columbiaville Tax Bill

$944

Median Lapeer County Tax Bill

$1,082

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Columbiaville, Lapeer County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48421	$352	$565	$944	$1,563	$2,449

Source: Ownwell