Britton, Lenawee County, Michigan Property Taxes
Median Britton, MI effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Britton, MI home value: $208,800
Median annual Britton, MI tax bill: $2,254, $146 lower than the national median property tax bill of $2,400.
How are property taxes in Lenawee calculated?
Property taxes in Britton, 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 Britton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Britton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Britton, Lenawee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.04%
Estimate Property Tax Bill
$2,517
$2,336
Ownwell’s Britton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Britton with just two data points.
By entering your property's estimated assessed value, our calculator applies Britton’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lenawee County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Britton, Lenawee County, Michigan
Local government entities set tax rates, which can vary widely within a state. Annually, 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.
Below, you can compare Britton’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. Britton, located in Lenawee County, has a median property tax rate of 1.04%, which is slightly above the national median of 1.02%. This means homeowners in Britton may pay more in property taxes compared to the average U.S. homeowner. However, Britton's rate is consistent with the median tax rate across Michigan, indicating a balanced approach to funding local services through property taxes. Understanding these rates can help homeowners make informed decisions about their property investments and potential tax liabilities in Britton.
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 Britton Tax Rate
1.04%
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 Lenawee County Tax Rate
1.18%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Britton, Lenawee County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49229 | 0.75% | 0.91% | 1.04% | 1.24% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Britton, Lenawee County, Michigan
When examining property taxes in Britton, 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 Lenawee 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 Lenawee 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 Britton.
For example, the median home price in Britton is $208,800, with tax bills ranging significantly across the county. 49229 has the highest median home price at $208,800.
Property Tax Assessment Values Across Britton, Lenawee County, Michigan
Source: Ownwell
$73,000
$185,300
$297,600
Median Britton Market Value
$242,000
Median Lenawee County Market Value
$203,800
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Britton, Lenawee County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49229 | $120,200 | $176,550 | $242,000 | $338,500 | $454,600 |
Source: Ownwell
Property Tax Bills Across Britton, Lenawee County, Michigan
Median Britton Tax Bill
$2,635
Median Lenawee County Tax Bill
$2,521
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Britton, Lenawee County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49229 | $1,339 | $1,897 | $2,635 | $3,461 | $4,718 |
Source: Ownwell