New Baltimore, Macomb County, Michigan Property Taxes

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

Median New Baltimore, MI effective property tax rate: 1.23%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%. Median New Baltimore, MI home value: $265,400. Median annual New Baltimore, MI tax bill: $3,398, $998 higher than the national median property tax bill of $2,400.

How are property taxes in Macomb calculated?

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

Last Updated March 1, 2025

New Baltimore, Macomb County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.23%

Estimate Property Tax Bill

$3,264

$3,029

Ownwell’s New Baltimore Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in New Baltimore with just two data points. By entering your property's estimated assessed value, our calculator applies New Baltimore’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 New Baltimore, Macomb County, Michigan

Local government entities are responsible for setting tax rates, which can differ significantly across Michigan. Annually, each county, including Macomb, estimates its necessary budget for providing services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In New Baltimore, located in Macomb County, the effective property tax rate is a key consideration for homeowners. Compared to other cities in Michigan, New Baltimore's rate offers a perspective on how property taxes can vary within the state. The median property tax rate in Michigan is higher than the national median. This comparison highlights the importance of understanding local tax rates and their impact on property owners.

For residents of New Baltimore, being aware of these rates is crucial for financial planning. By considering the effective property tax rate, homeowners can make informed decisions about their investments in the area. Understanding how New Baltimore's rate compares to both state and national medians provides valuable insight into local property tax dynamics.

Property Tax Rates Across New Baltimore, Macomb County, Michigan

Source: Ownwell

0.62%

1.25%

1.89%

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 New Baltimore Tax Rate

1.23%

Median Effective Macomb County Tax Rate

1.19%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across New Baltimore, Macomb County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48047	1.00%	1.14%	1.26%	1.54%	1.71%
48051	0.69%	0.90%	1.05%	1.16%	1.49%

Source: Ownwell

Property Tax Assessment Values Across New Baltimore, Macomb County, Michigan

When examining property taxes in New Baltimore, 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. Assessment notices: 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 New Baltimore. For example, the median home price in New Baltimore is $265,400, with tax bills ranging significantly across the county. 48047 has the highest median home price at $266,400.

Property Tax Assessment Values Across New Baltimore, Macomb County, Michigan

Source: Ownwell

$78,140

$314,270

$550,400

Median New Baltimore Market Value

$265,400

Median Macomb County Market Value

$209,990

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across New Baltimore, Macomb County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48047	$91,800	$174,200	$266,400	$338,600	$402,980
48051	$70,180	$176,750	$245,100	$372,600	$447,040

Source: Ownwell

Property Tax Bills Across New Baltimore, Macomb County, Michigan

In New Baltimore, located in Macomb County, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the home's market value. The local tax rate is then applied to this assessed value to determine the annual property tax bill. For homeowners, this means that fluctuations in the housing market can significantly impact their tax obligations. In New Baltimore, tax bills can vary widely, with the 25th percentile at $2,271 and the 90th percentile reaching $5,562. Notably, the highest median tax bill in the area is $3,454 in zip code 48047, compared to the national median property tax bill of $2,400.

Ownwell can assist homeowners in New Baltimore by providing expert property tax appeal services, which can potentially lower their tax liabilities. By analyzing local property assessments and market trends, Ownwell helps identify discrepancies and inaccuracies in property valuations. This proactive approach can lead to significant savings, ensuring that homeowners are not overpaying on their property taxes.

Property Tax Bills Across New Baltimore, Macomb County, Michigan

Source: Ownwell

$1,286

$5,267

$9,248

Median New Baltimore Tax Bill

$3,398

Median Macomb County Tax Bill

$2,603

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across New Baltimore, Macomb County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48047	$1,452	$2,382	$3,454	$4,411	$5,712
48051	$401	$1,932	$2,857	$4,018	$4,842

Source: Ownwell