Cedarville, Mackinac County, Michigan Property Taxes
Median Cedarville, MI effective property tax rate: 1.05%, slightly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%. Median Cedarville, MI home value: $193,400. Median annual Cedarville, MI tax bill: $2,039, $361 lower than the national median property tax bill of $2,400.
How are property taxes in Mackinac calculated?
Property taxes in Cedarville, 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 Cedarville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cedarville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cedarville, Mackinac County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.05%
Estimate Property Tax Bill
$2,031
$1,884
Property Tax Rates Across Cedarville, Mackinac County, Michigan
Local government entities are responsible for setting property tax rates, which can vary significantly across different regions within a state. This variation arises because each county annually calculates its budgetary needs to provide public services and divides this amount by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. Although votes and legislative measures play a role in shaping tax rates and budgets, this is essentially the annual process.
In Cedarville, located in Mackinac County, the effective property tax rate aligns with the highest and lowest median rates in Michigan, both recorded at 1.05%. This rate is slightly above the national median property tax rate of 1.02%. While the state's rates are consistent, they are just above the national average, which reflects Michigan's approach to funding local services through property taxes. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively.
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 Cedarville Tax Rate
1.05%
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 Mackinac County Tax Rate
0.81%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cedarville, Mackinac County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49719 | 0.64% | 0.80% | 1.05% | 1.44% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Cedarville, Mackinac County, Michigan
When examining property taxes in Cedarville, 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 Mackinac 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 Mackinac County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Cedarville. For example, the median home price in Cedarville is $193,400, with tax bills ranging significantly across the county. Zip code 49719 has the highest median home price at $193,400.
Property Tax Assessment Values Across Cedarville, Mackinac County, Michigan
Source: Ownwell
$4,700
$224,750
$444,800
Median Cedarville Market Value
$193,400
Median Mackinac County Market Value
$123,200
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cedarville, Mackinac County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49719 | $57,360 | $110,100 | $193,400 | $328,000 | $533,400 |
Source: Ownwell
Property Tax Bills Across Cedarville, Mackinac County, Michigan
Median Cedarville Tax Bill
$2,039
Median Mackinac County Tax Bill
$942
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Cedarville, Mackinac County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49719 | $552 | $1,032 | $2,039 | $3,760 | $5,832 |
Source: Ownwell