Mayville, Lapeer County, Michigan Property Taxes
Median Mayville, 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 Mayville, MI home value: $181,000
Median annual Mayville, MI tax bill: $598, $1,802 lower than the national median property tax bill of $2,400.
How are property taxes in Lapeer County calculated?
Property taxes in Mayville, 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 Mayville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mayville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mayville, Lapeer County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.33%
Estimate Property Tax Bill
$597
$554
Property Tax Rates Across Mayville, 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. 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.
Mayville, located in Lapeer County, Michigan, offers an interesting case study in property tax rates. The county's effective property tax rate is significantly lower than the national median. This could mean lower property tax bills for homeowners in Mayville compared to other areas in the United States. Lower tax rates can make homeownership more affordable, potentially attracting new residents and boosting the local economy.
By comparing Mayville’s effective property tax rate to other cities in Michigan and the U.S., homeowners can better understand how their property taxes stack up and make informed decisions about property investments. Understanding these differences can be crucial for anyone considering buying or selling property or simply looking to manage their finances more effectively.
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 Mayville Tax Rate
0.33%
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
0.37%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mayville, Lapeer County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48744 | 0.27% | 0.29% | 0.33% | 0.41% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Mayville, Lapeer County, Michigan
When examining property taxes in Mayville, 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.
In Lapeer County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Mayville.
For example, the median home price in Mayville is $181,000, with tax bills ranging significantly across the county. Zip code 48744 has the highest median home price at $181,000.
Property Tax Assessment Values Across Mayville, Lapeer County, Michigan
Source: Ownwell
$124,600
$223,600
$322,600
Median Mayville Market Value
$181,000
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 Mayville, Lapeer County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48744 | $49,020 | $118,250 | $181,000 | $244,950 | $296,060 |
Source: Ownwell
Property Tax Bills Across Mayville, Lapeer County, Michigan
Median Mayville Tax Bill
$598
Median Lapeer County Tax Bill
$858
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Mayville, Lapeer County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48744 | $194 | $392 | $598 | $830 | $1,016 |
Source: Ownwell