Cohoctah, Livingston County, Michigan Property Taxes
Median Cohoctah, MI effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Cohoctah, MI home value: $181,400
Median annual Cohoctah, MI tax bill: $1,213, $1,187 lower than the national median property tax bill of $2,400.
How are property taxes in Livingston calculated?
Property taxes in Cohoctah, 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 Cohoctah’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cohoctah, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cohoctah, Livingston County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.43%
Estimate Property Tax Bill
$749
$695
Property Tax Rates Across Cohoctah, Livingston County, Michigan
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their budgetary needs to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While voting and legislation play a role in setting these rates and budgets, this is the core of the annual process.
In Cohoctah, Livingston County, MI, the effective property tax rate stands at 0.62%, which is notably lower compared to the national median property tax rate of 1.02%. This difference can mean significant savings for property owners in Cohoctah. Understanding how these rates compare can be crucial for homeowners and potential buyers, impacting decisions on purchasing and investment. Cohoctah’s rate is consistent across the county, highlighting a uniformity that is not always found in other regions. By examining these rates, property owners can better navigate their financial planning and take advantage of potential savings in property taxes.
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 Cohoctah Tax Rate
0.43%
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 Livingston County Tax Rate
0.50%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cohoctah, Livingston County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48816 | 0.23% | 0.37% | 0.43% | 0.70% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Cohoctah, Livingston County, Michigan
When examining property taxes in Cohoctah, 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 Livingston 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 Livingston 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 Cohoctah.
For example, the median home price in Cohoctah is $181,400, with tax bills ranging significantly across the county. Zip code 48816 has the highest median home price at $181,400.
Property Tax Assessment Values Across Cohoctah, Livingston County, Michigan
Source: Ownwell
$174,200
$343,300
$512,400
Median Cohoctah Market Value
$174,200
Median Livingston County Market Value
$349,600
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cohoctah, Livingston County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48816 | $123,600 | $146,200 | $174,200 | $253,700 | $309,080 |
Source: Ownwell
Property Tax Bills Across Cohoctah, Livingston County, Michigan
Median Cohoctah Tax Bill
$904
Median Livingston County Tax Bill
$1,857
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Cohoctah, Livingston County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48816 | $554 | $651 | $904 | $1,185 | $1,448 |
Source: Ownwell