Manitou Beach, Lenawee County, Michigan Property Taxes
Median Manitou Beach, MI effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Manitou Beach, MI home value: $280,800
Median annual Manitou Beach, MI tax bill: $3,444, $1,044 higher than the national median property tax bill of $2,400.
How are property taxes in Lenawee calculated?
Property taxes in Manitou Beach, 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 Manitou Beach's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Manitou Beach, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Manitou Beach, Lenawee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.16%
Estimate Property Tax Bill
$3,257
$3,023
Property Tax Rates Across Manitou Beach, Lenawee 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 Manitou Beach Tax Rate
1.16%
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 Manitou Beach, Lenawee County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49253 | 0.67% | 0.88% | 1.16% | 1.54% | 1.96% |
Source: Ownwell
Property Tax Assessment Values Across Manitou Beach, Lenawee County, Michigan
When examining property taxes in Manitou Beach, 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 Lenawee County Assessor's Office 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 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 Manitou Beach.
For example, the median home price in Manitou Beach is $280,800, with tax bills ranging significantly across the county. Zip code 49253 has the highest median home price at $280,800.
Property Tax Assessment Values Across Manitou Beach, Lenawee County, Michigan
Source: Ownwell
$73,000
$185,300
$297,600
Median Manitou Beach Market Value
$280,800
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 Manitou Beach, Lenawee County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49253 | $1,600 | $120,400 | $280,800 | $500,400 | $760,840 |
Source: Ownwell
Property Tax Bills Across Manitou Beach, Lenawee County, Michigan
In Manitou Beach, located in Lenawee County, MI, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is applied to this assessed value, resulting in the property tax bill. Homeowners in this area face a range of tax bills, with the 25th percentile at $1,828 and the 75th percentile reaching $6,236. Notably, the 90th percentile can climb as high as $9,936. With the highest median tax bill in the region being $3,444, it is above the national median property tax bill of $2,400, indicating a higher tax burden for local homeowners.
Factors such as changes in the housing market and local government budgets can influence these assessments, impacting the amount homeowners pay annually. Ownwell offers expert services to help homeowners potentially reduce their tax bills by appealing inaccurate assessments and identifying applicable exemptions. By leveraging Ownwell's expertise, homeowners can navigate the complexities of property tax evaluations and potentially achieve significant savings.
Median Manitou Beach Tax Bill
$3,444
Median Lenawee County Tax Bill
$2,521
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Manitou Beach, Lenawee County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49253 | $854 | $1,828 | $3,444 | $6,236 | $9,936 |
Source: Ownwell