Wellston, Manistee County, Michigan Property Taxes
Median Wellston, MI effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Wellston, MI home value: $76,200
Median annual Wellston, MI tax bill: $994, $1,406 lower than the national median property tax bill of $2,400.
How are property taxes in Manistee County calculated?
Property taxes in Wellston, 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 Wellston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wellston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wellston, Manistee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.34%
Estimate Property Tax Bill
$1,021
$948
Property Tax Rates Across Wellston, Manistee County, Michigan
Local government entities determine tax rates, which can differ significantly within a state. This is because each county annually estimates its budget requirements for providing 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 these rates and budgets, this is essentially the annual procedure.
In Wellston, located in Manistee County, Michigan, the effective property tax rate stands at 1.34%, matching the highest and lowest rates in the region. This rate is notably higher than the national median property tax rate of 1.02%. Residents in Wellston face a property tax rate that exceeds the national average, reflecting the local government's budgetary needs and property values.
Comparing Wellston’s rate to other cities in Michigan and the U.S. highlights the variance in property tax rates across different regions. While Michigan's median property tax rate aligns with Wellston's, it is crucial for property owners to be aware of how these rates impact their tax bills, which can significantly affect their financial planning.
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 Wellston Tax Rate
1.34%
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 Wellston, Manistee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49689 | 0.88% | 1.04% | 1.34% | 1.70% | 2.04% |
Source: Ownwell
Property Tax Assessment Values Across Wellston, Manistee County, Michigan
When examining property taxes in Wellston, Michigan, 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.
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 Wellston. For example, the median home price in Wellston is $76,200, with tax bills ranging significantly across the county. Zip code 49689 has the highest median home price at $76,200.
Property Tax Assessment Values Across Wellston, Manistee County, Michigan
Source: Ownwell
$75,800
$148,800
$221,800
Median Wellston Market Value
$76,200
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 Wellston, Manistee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49689 | $27,400 | $45,600 | $76,200 | $120,850 | $180,320 |
Source: Ownwell
Property Tax Bills Across Wellston, Manistee County, Michigan
In Wellston, located in Manistee County, MI, property tax bills are calculated based on the assessed value of a home, which is typically 50% of the market value. With a median home price of $76,200, homeowners can expect their tax bills to vary widely. For instance, the 25th percentile tax bill is $605, while the 75th percentile reaches $1,574, and the 90th percentile can go up to $2,346. The median tax bill in the area is $994, which is below the national median of $2,400. This indicates that while some Wellston homeowners pay less than the national average, others might face higher bills, depending on their property's assessed value and applicable exemptions.
Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax burden. By analyzing your property's assessed value and comparing it with similar properties, Ownwell identifies discrepancies and files appeals on your behalf. This process can lead to significant savings, ensuring you pay only your fair share in property taxes.
Median Wellston Tax Bill
$994
Median Manistee County Tax Bill
$1,612
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Wellston, Manistee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49689 | $379 | $605 | $994 | $1,574 | $2,346 |
Source: Ownwell