Riga, Lenawee County, Michigan Property Taxes
- Median Riga, MI effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
- Median Riga, MI home value: $183,400
- Median annual Riga, MI tax bill: $1,755, $645 lower than the national median property tax bill of $2,400.
How are property taxes in Lenawee calculated?
Property taxes in Riga, 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 Riga’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Riga, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Riga, 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
$2,153
$1,998
Property Tax Rates Across Riga, 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 Riga 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 Riga, Lenawee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49276 | 0.81% | 0.91% | 1.04% | 1.37% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Riga, Lenawee County, Michigan
When examining property taxes in Riga, 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 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 Riga. For example, the median home price in Riga is $183,400, with tax bills ranging significantly across the county. Zip code 49276 has the highest median home price at $183,400.
Property Tax Assessment Values Across Riga, Lenawee County, Michigan
Source: Ownwell
$73,000
$185,300
$297,600
Median Riga Market Value
$207,000
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 Riga, Lenawee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49276 | $120,280 | $155,200 | $207,000 | $275,300 | $394,360 |
Source: Ownwell
Property Tax Bills Across Riga, Lenawee County, Michigan
Property tax bills in Riga, located in Lenawee County, Michigan, are calculated based on the assessed value of a property, which is determined by local assessors. The assessed value is typically a percentage of the property's market value. In this region, homeowners experience a range of tax bills, with the 25th percentile at $1,263 and the 75th percentile at $2,536. The highest median tax bill in the area is $1,755, which is below the national median property tax bill of $2,400. This suggests that while property values may be moderate, the tax rates can still significantly impact homeowners' finances.
Factors influencing property tax bills include property size, location, and improvements. High tax bills can strain homeowners' budgets, making it crucial to ensure assessments are accurate. Ownwell assists homeowners in appealing inaccurate assessments, potentially lowering their tax obligations. By leveraging expertise in local tax codes and providing personalized support, Ownwell helps homeowners navigate the complexities of property taxes, ensuring they only pay their fair share.
Median Riga Tax Bill
$2,350
Median Lenawee County Tax Bill
$2,521
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Riga, Lenawee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49276 | $1,158 | $1,685 | $2,350 | $3,281 | $4,951 |
Source: Ownwell