Manistee, Manistee County, Michigan Property Taxes
Median Manistee, MI effective property tax rate: 1.27%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Manistee, MI home value: $148,000
Median annual Manistee, MI tax bill: $1,845, $555 lower than the national median property tax bill of $2,400.
How are property taxes in Manistee calculated?
Property taxes in Manistee, 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 Manistee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Manistee, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Manistee, Manistee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.27%
Estimate Property Tax Bill
$1,880
$1,744
Property Tax Rates Across Manistee, Manistee County, Michigan
Local government entities set tax rates, which can vary significantly within Michigan. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
You can compare Manistee's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. Manistee, located in Manistee County, has a median property tax rate of 1.27%, which stands above the national median of 1.02%. This indicates that property owners in Manistee may pay more in property taxes compared to the national average, despite the fact that Michigan's property tax landscape can differ widely from one region to another. Understanding these differences can help property owners make informed decisions about their property tax appeals and exemptions.
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 Manistee Tax Rate
1.27%
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 Manistee County Tax Rate
1.18%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Manistee, Manistee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49660 | 0.82% | 0.99% | 1.27% | 1.69% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Manistee, Manistee County, Michigan
When examining property taxes in Manistee, 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 Manistee 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 Manistee 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 Manistee. For example, the median home price in Manistee is $148,000, with tax bills ranging significantly across the county. ZIP code 49660 has the highest median home price at $148,000.
Property Tax Assessment Values Across Manistee, Manistee County, Michigan
Source: Ownwell
$75,800
$148,800
$221,800
Median Manistee Market Value
$148,000
Median Manistee County Market Value
$141,200
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Manistee, Manistee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49660 | $69,200 | $101,600 | $148,000 | $224,950 | $336,600 |
Source: Ownwell
Property Tax Bills Across Manistee, Manistee County, Michigan
In Manistee, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. With a median home price of $148,000, the city's property tax rates can lead to varying tax bills. For instance, property tax bills in the 25th percentile are around $1,264, while those in the 75th percentile reach approximately $2,918. The highest median tax bill recorded in the area is $1,845, which is equal across all zip codes, including 49660. These figures highlight how tax liabilities can fluctuate significantly depending on the assessed value and applicable tax rate.
For homeowners, these taxes represent a substantial financial obligation, often impacting overall affordability and homeownership costs. Ownwell offers valuable assistance by helping homeowners appeal their property assessments and secure exemptions, potentially reducing their tax burden. By leveraging expertise in local tax regulations and assessment practices, Ownwell can identify opportunities for savings, ensuring homeowners in Manistee pay only their fair share of property taxes.
Median Manistee Tax Bill
$1,845
Median Manistee County Tax Bill
$1,612
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Manistee, Manistee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49660 | $849 | $1,264 | $1,845 | $2,918 | $4,812 |
Source: Ownwell