Marlette, Lapeer County, Michigan Property Taxes
Median Marlette, MI effective property tax rate: 0.33%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Marlette, MI home value: $160,600
Median annual Marlette, MI tax bill: $539, $1,861 lower than the national median property tax bill of $2,400.
How are property taxes in Lapeer calculated?
Property taxes in Marlette, 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 Marlette’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Marlette, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Marlette, Lapeer County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.69%
Estimate Property Tax Bill
$1,248
$1,158
Property Tax Rates Across Marlette, Lapeer County, Michigan
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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.
Marlette in Lapeer County, MI, has a notably lower effective property tax rate compared to the national median of 1.02%. This offers significant savings for property owners when compared to the national median property tax bill of $2400. With Lapeer County's rate, homeowners in Marlette can enjoy more affordable property taxes, which can be particularly appealing for those looking to maximize their investment in real estate.
Understanding these local tax rates can help property owners make informed decisions about where to buy or invest. Comparing Marlette’s rate to other cities in Michigan and the national average provides valuable insights for potential homeowners and investors.
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 Marlette Tax Rate
0.69%
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 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 Marlette, Lapeer County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48453 | 0.49% | 0.56% | 0.69% | 0.84% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Marlette, Lapeer County, Michigan
When examining property taxes in Marlette, 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 assessor 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 Marlette. For example, the median home price in Marlette is $160,600, with tax bills ranging significantly across the county. ZIP code 48453 has the highest median home price at $160,600.
Property Tax Assessment Values Across Marlette, Lapeer County, Michigan
Source: Ownwell
$137,000
$291,500
$446,000
Median Marlette Market Value
$180,800
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 Marlette, Lapeer County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48453 | $61,640 | $132,200 | $180,800 | $234,200 | $325,240 |
Source: Ownwell
Property Tax Bills Across Marlette, Lapeer County, Michigan
Median Marlette Tax Bill
$1,216
Median Lapeer County Tax Bill
$1,082
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Marlette, Lapeer County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48453 | $595 | $935 | $1,216 | $1,578 | $2,457 |
Source: Ownwell