Hessel, Mackinac County, Michigan Property Taxes
Median Hessel, MI effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Hessel, MI home value: $130,400
Median annual Hessel, MI tax bill: $878, $1,522 lower than the national median property tax bill of $2,400.
How are property taxes in Mackinac calculated?
Property taxes in Hessel, 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 Hessel’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hessel, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hessel, Mackinac County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.61%
Estimate Property Tax Bill
$884
$821
Property Tax Rates Across Hessel, Mackinac 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 Hessel Tax Rate
0.61%
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
0.87%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hessel, Mackinac County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49745 | 0.31% | 0.39% | 0.61% | 1.04% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Hessel, Mackinac County, Michigan
When examining property taxes in Hessel, 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 Hessel. For example, the median home price in Hessel is $130,400, with tax bills ranging significantly across the county. ZIP code 49745 has the highest median home price at $130,400.
Property Tax Assessment Values Across Hessel, Mackinac County, Michigan
Source: Ownwell
$6,000
$241,250
$476,500
Median Hessel Market Value
$145,000
Median Mackinac County Market Value
$137,800
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hessel, Mackinac County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49745 | $47,200 | $83,400 | $145,000 | $226,600 | $347,920 |
Source: Ownwell
Property Tax Bills Across Hessel, Mackinac County, Michigan
In Hessel, located in Mackinac County, MI, property tax bills are determined by applying the local tax rate to the assessed value of a home. The assessed value is typically a percentage of the home's market value, which in Hessel is around $130,400. Homeowners in Hessel can expect a median property tax bill of $878, which is significantly lower than the national median of $2,400. However, tax bills can vary widely, with the 25th percentile at $482 and the 75th percentile at $1,634, reflecting differences in property values and local tax rates. These taxes are crucial for funding local services such as schools, roads, and emergency services, directly impacting the community's quality of life.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing local tax assessments and market conditions, Ownwell can identify opportunities for tax savings, potentially reducing the financial burden on homeowners. This personalized approach ensures that homeowners pay only their fair share, maximizing their savings and enhancing their financial well-being.
Median Hessel Tax Bill
$843
Median Mackinac County Tax Bill
$1,091
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Hessel, Mackinac County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49745 | $239 | $488 | $843 | $1,605 | $3,577 |
Source: Ownwell