Ottawa Lake, Lenawee County, Michigan Property Taxes

Name: Property Tax Bills Across Ottawa Lake, Lenawee County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Ottawa Lake, MI effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Ottawa Lake, MI home value: $223,600
Median annual Ottawa Lake, MI tax bill: $2,287, $113 lower than the national median property tax bill of $2,400.

How are property taxes in Lenawee County calculated?

Property taxes in Ottawa Lake, 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 Ottawa Lake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ottawa Lake, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Ottawa Lake, Lenawee County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$2,079

$1,930

Ownwell’s Ottawa Lake Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ottawa Lake with just two data points. By entering your property's estimated assessed value, our calculator applies Ottawa Lake’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 Ottawa Lake, Lenawee County, Michigan

Local government entities in Michigan set property tax rates, which can vary significantly across the state. Each county, including Lenawee, estimates its budgetary needs annually to fund essential services. This budget is then divided by the total assessed value of all taxable property within the county, determining the property tax rate. While votes and legislative measures play a role in setting these rates, this is essentially how the process unfolds each year.

In Ottawa Lake, located in Lenawee County, the effective property tax rate is 0.93%, which aligns with the highest and lowest median tax rates in the area. This rate is slightly below the national median property tax rate of 1.02%. Comparatively, the national median property tax bill stands at $2,400. Understanding these rates can provide valuable insights into how Ottawa Lake's property taxes compare both within Michigan and nationally, offering a clearer picture of the local tax landscape.

Property Tax Rates Across Ottawa Lake, Lenawee County, Michigan

Source: Ownwell

0.91%

1.93%

2.94%

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 Ottawa Lake Tax Rate

0.93%

Median Effective Lenawee County Tax Rate

1.14%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ottawa Lake, Lenawee County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49267	0.62%	0.83%	0.93%	1.01%	1.30%

Source: Ownwell

Property Tax Assessment Values Across Ottawa Lake, Lenawee County, Michigan

When examining property taxes in Ottawa Lake, 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 Ottawa Lake. For example, the median home price in Ottawa Lake is $223,600, with tax bills ranging significantly across the county. The 49267 zip code has the highest median home price at $223,600.

Property Tax Assessment Values Across Ottawa Lake, Lenawee County, Michigan

Source: Ownwell

$69,300

$158,150

$247,000

Median Ottawa Lake Market Value

$223,600

Median Lenawee County Market Value

$168,800

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ottawa Lake, Lenawee County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49267	$124,080	$164,800	$223,600	$334,300	$682,200

Source: Ownwell

Property Tax Bills Across Ottawa Lake, Lenawee County, Michigan

In Ottawa Lake, Lenawee County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is a percentage of the home's market value. The property tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as local government budgets and school district funding needs influence the tax rate, impacting homeowners' bills significantly. For instance, the median property tax bill in Ottawa Lake is $2,287, which is slightly below the national median of $2,400. However, property tax bills can vary widely, with the 25th percentile at $1,601 and the 75th percentile reaching up to $3,183. This variability can present a financial challenge for homeowners. Ownwell can assist by reviewing your property tax assessment and identifying potential savings. By filing appeals on your behalf, Ownwell aims to reduce your property tax burden, ensuring you only pay what is fair and equitable.

Property Tax Bills Across Ottawa Lake, Lenawee County, Michigan

Source: Ownwell

$761

$1,706

$2,650

Median Ottawa Lake Tax Bill

$2,287

Median Lenawee County Tax Bill

$2,184

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Ottawa Lake, Lenawee County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49267	$1,204	$1,601	$2,287	$3,183	$4,961

Source: Ownwell