Empire, Leelanau County, Michigan Property Taxes
Median EMPIRE, MI effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, and also lower than the Michigan state median of 1.07%.
Median EMPIRE, MI home value: $398,900
Median annual EMPIRE, MI tax bill: $1,304, $1,096 lower than the national median property tax bill of $2,400.
How are property taxes in Leelanau calculated?
Property taxes in EMPIRE, 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 EMPIRE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in EMPIRE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Empire, Leelanau County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.32%
Estimate Property Tax Bill
$1,276
$1,185
Property Tax Rates Across Empire, Leelanau County, Michigan
Local government entities in Empire, Leelanau County, MI, set tax rates, which can vary widely within the state. Each year, the county estimates its budget to provide essential services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is the simplified annual process.
Empire's effective property tax rate is significantly lower compared to other cities in Michigan. The median property tax rate in Michigan stands at 1.54%, considerably higher than the 0.32% in Leelanau County. When compared to the national median property tax rate of 1.02%, Empire offers a more affordable rate for property owners. The lower tax burden in Empire makes it an attractive location for property investment, offering potential savings for homeowners. With property taxes being a significant expense for homeowners, understanding these rates and how they compare to state and national averages is crucial for making informed decisions.
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 Empire Tax Rate
0.32%
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 Leelanau County Tax Rate
0.48%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Empire, Leelanau County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49630 | 0.20% | 0.26% | 0.32% | 0.38% | 0.44% |
Source: Ownwell
Property Tax Assessment Values Across Empire, Leelanau County, Michigan
When examining property taxes in Empire, 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 Leelanau 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 Leelanau 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 Empire.
For example, the median home price in Empire is $398,900, with tax bills ranging significantly across the county. Zip code 49630 has the highest median home price at $398,900.
Property Tax Assessment Values Across Empire, Leelanau County, Michigan
Source: Ownwell
$300,800
$547,450
$794,100
Median Empire Market Value
$398,900
Median Leelanau County Market Value
$389,200
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Empire, Leelanau County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49630 | $141,900 | $257,350 | $398,900 | $726,950 | $1,282,300 |
Source: Ownwell
Property Tax Bills Across Empire, Leelanau County, Michigan
In Empire, located in Leelanau County, MI, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $398,900. Homeowners in Empire face varying tax bills, with the 25th percentile at $769 and the 75th percentile reaching $2,264. The highest median tax bill in the region is $1,304, which is aligned with the national median property tax bill of $2,400. This disparity highlights how property taxes can significantly impact homeowners, affecting their overall financial planning.
Factors such as property location and home improvements can influence the assessed value and, consequently, the tax bill. Ownwell offers homeowners in Empire expert property tax appeal services, aiming to reduce their tax burden. By analyzing individual property assessments and market data, Ownwell identifies potential savings and guides homeowners through the appeal process. This can lead to substantial savings, ensuring that property owners only pay their fair share.
Median Empire Tax Bill
$1,304
Median Leelanau County Tax Bill
$1,958
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Empire, Leelanau County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49630 | $409 | $769 | $1,304 | $2,264 | $3,969 |
Source: Ownwell
