Ortonville, Lapeer County, Michigan Property Taxes
Median Ortonville, MI effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Ortonville, MI home value: $273,400
Median annual Ortonville, MI tax bill: $1,598, $802 lower than the national median property tax bill of $2,400.
How are property taxes in Lapeer calculated?
Property taxes in Ortonville, 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 Ortonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ortonville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ortonville, Lapeer County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.54%
Estimate Property Tax Bill
$1,714
$1,591
Property Tax Rates Across Ortonville, Lapeer County, Michigan
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 Ortonville Tax Rate
0.54%
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 Ortonville, Lapeer County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48462 | 0.31% | 0.34% | 0.54% | 0.72% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Ortonville, Lapeer County, Michigan
When examining property taxes in Ortonville, Michigan, 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 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 Ortonville.
For example, the median home price in Ortonville is $273,400, with tax bills ranging significantly across the county. Zip code 48462 has the highest median home price at $273,400.
Property Tax Assessment Values Across Ortonville, Lapeer County, Michigan
Source: Ownwell
$137,000
$291,500
$446,000
Median Ortonville Market Value
$317,400
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 Ortonville, Lapeer County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48462 | $167,900 | $229,900 | $317,400 | $416,500 | $584,900 |
Source: Ownwell
Property Tax Bills Across Ortonville, Lapeer County, Michigan
In Ortonville, located in Lapeer County, Michigan, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Ortonville, the median home price stands at $273,400. While the national median property tax rate is 1.02%, the property tax bills in Ortonville range from $995 at the 25th percentile to $2,970 at the 90th percentile. The median tax bill is $1,598, which is lower than the national median of $2,400.
Homeowners may face challenges if their property's assessed value is higher than its market value, leading to higher tax bills. This is where Ownwell steps in. By providing expert property tax appeal services, Ownwell helps homeowners potentially lower their assessed values, ensuring they pay only their fair share. With Ownwell's assistance, homeowners can navigate the complexities of property taxes and achieve significant savings.
Median Ortonville Tax Bill
$1,670
Median Lapeer County Tax Bill
$1,082
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Ortonville, Lapeer County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48462 | $818 | $1,079 | $1,670 | $2,349 | $3,171 |
Source: Ownwell