Lenox, Macomb County, Michigan Property Taxes

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

Median Lenox, MI effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Lenox, MI home value: $269,500
Median annual Lenox, MI tax bill: $2,142, $258 lower than the national median property tax bill of $2,400.

How are property taxes in Macomb calculated?

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

Last Updated March 1, 2025

Lenox, Macomb County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$3,220

$2,988

Ownwell’s Lenox Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lenox with just two data points. By entering your property's estimated assessed value, our calculator applies Lenox’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 Macomb. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lenox, Macomb County, Michigan

Local government entities determine tax rates, which can vary significantly across Michigan. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the fundamental process.

In Lenox, located in Macomb County, the effective property tax rate is an essential factor for homeowners to consider. Compared to other cities in Michigan, Lenox offers a competitive rate. The median property tax rate in Michigan is lower than the national median rate of 1.02%, making it an attractive option for property owners. The state's highest and lowest median tax rates also show considerable variation, emphasizing the importance of understanding local tax dynamics.

For homeowners in Lenox, this means potentially lower property tax bills compared to the national median bill of $2,400. Understanding these rates can help property owners make informed decisions about their investments. By appealing property taxes or seeking exemptions, homeowners can further optimize their expenses and ensure they are not overpaying.

Property Tax Rates Across Lenox, Macomb County, Michigan

Source: Ownwell

0.91%

1.35%

1.78%

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 Lenox Tax Rate

1.04%

Median Effective Macomb County Tax Rate

1.32%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lenox, Macomb County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48048	0.76%	0.84%	1.05%	1.38%	1.68%
48050	0.74%	0.86%	1.03%	1.25%	1.42%

Source: Ownwell

Property Tax Assessment Values Across Lenox, Macomb County, Michigan

When examining property taxes in Lenox, 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 Macomb 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 Macomb County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Lenox. For example, the median home price in Lenox is $269,500, with tax bills ranging significantly across the county. Zip code 48050 has the highest median home price at $281,500.

Property Tax Assessment Values Across Lenox, Macomb County, Michigan

Source: Ownwell

$113,560

$370,380

$627,200

Median Lenox Market Value

$309,600

Median Macomb County Market Value

$250,200

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lenox, Macomb County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48048	$148,800	$200,300	$278,700	$386,050	$529,240
48050	$201,520	$261,700	$336,000	$436,800	$569,160

Source: Ownwell

Property Tax Bills Across Lenox, Macomb County, Michigan

In Lenox, Macomb County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This value is often a percentage of the home's market value. Factors influencing the tax bill include the local tax rate and any applicable exemptions or deductions. The median home price in Lenox is $269,500, with property tax bills ranging from $1,481 at the 25th percentile to $4,091 at the 90th percentile. The highest median tax bill in the area is $2,466, which is notably above the national median property tax bill of $2,400, suggesting a significant impact on homeowners' budgets. Ownwell can help alleviate this burden by offering professional property tax appeal services. By reviewing your property's assessed value and identifying potential inaccuracies or overlooked exemptions, Ownwell ensures that homeowners pay only their fair share. This can result in substantial savings, reducing the financial pressure of property taxes on Lenox residents.

Property Tax Bills Across Lenox, Macomb County, Michigan

Source: Ownwell

$1,878

$5,967

$10,055

Median Lenox Tax Bill

$3,340

Median Macomb County Tax Bill

$3,491

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Lenox, Macomb County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48048	$1,393	$2,114	$3,147	$4,552	$6,054
48050	$1,857	$2,559	$3,482	$4,696	$6,550

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Macomb Tax Assessor
Website	gis.macombgov.org