Metamora, Lapeer County, Michigan Property Taxes
Median Metamora, MI effective property tax rate: 0.36%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Metamora, MI home value: $295,200
Median annual Metamora, MI tax bill: $1,176, $1,224 lower than the national median property tax bill of $2,400.
How are property taxes in Lapeer calculated?
Property taxes in Metamora, 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 Metamora’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Metamora, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Metamora, Lapeer County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.35%
Estimate Property Tax Bill
$1,191
$1,105
Property Tax Rates Across Metamora, Lapeer County, Michigan
Local government entities determine property tax rates, which can differ significantly across regions. This variation arises because each county calculates its annual budget needs for public services and divides this by the total assessed value of all taxable properties in its area. This process determines the property tax rate. Although setting these rates involves votes and legislative measures, this is essentially how it works each year.
In Metamora, located in Lapeer County, Michigan, the effective property tax rate is notably lower than both the state and national averages. This makes Metamora an attractive location for homeowners looking to save on property taxes. While the national median property tax rate stands at 1.02%, Metamora offers a more affordable rate, providing significant savings for property owners. Additionally, the median property tax bill in Metamora is below the national median of $2,400, further enhancing its appeal. Comparing Metamora’s tax rate to other cities in Michigan and the broader U.S. landscape highlights its cost-effectiveness, making it an appealing choice for residents seeking lower property tax burdens.
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 Metamora Tax Rate
0.35%
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 Metamora, Lapeer County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48455 | 0.28% | 0.31% | 0.35% | 0.43% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Metamora, Lapeer County, Michigan
When examining property taxes in Metamora, 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 Metamora.
For example, the median home price in Metamora is $295,200, with tax bills ranging significantly across the county. Zip code 48455 has the highest median home price at $295,200.
Property Tax Assessment Values Across Metamora, Lapeer County, Michigan
Source: Ownwell
$137,000
$291,500
$446,000
Median Metamora Market Value
$340,200
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 Metamora, Lapeer County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48455 | $100,800 | $226,400 | $340,200 | $493,000 | $702,480 |
Source: Ownwell
Property Tax Bills Across Metamora, Lapeer County, Michigan
Median Metamora Tax Bill
$1,346
Median Lapeer County Tax Bill
$1,082
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Metamora, Lapeer County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48455 | $558 | $892 | $1,346 | $1,979 | $2,976 |
Source: Ownwell