Gwinn, Marquette County, Michigan Property Taxes
Median GWINN, MI effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median GWINN, MI home value: $107,600
Median annual GWINN, MI tax bill: $590, $1,810 lower than the national median property tax bill of $2,400.
How are property taxes in Marquette calculated?
Property taxes in GWINN, 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 GWINN’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in GWINN, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gwinn, Marquette County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.56%
Estimate Property Tax Bill
$603
$559
Property Tax Rates Across Gwinn, Marquette County, Michigan
Local government entities in Michigan set tax rates, which can vary widely within the state. This is because each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results 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.
Below, you can compare Gwinn’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Gwinn Tax Rate
0.56%
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 Marquette County Tax Rate
0.46%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gwinn, Marquette County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49841 | 0.36% | 0.46% | 0.56% | 0.66% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Gwinn, Marquette County, Michigan
When examining property taxes in Gwinn, 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 Marquette 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 Marquette 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 Gwinn. For example, the median home price in Gwinn is $107,600, with tax bills ranging significantly across the county. Zip code 49841 has the highest median home price at $107,600.
Property Tax Assessment Values Across Gwinn, Marquette County, Michigan
Source: Ownwell
$61,500
$138,250
$215,000
Median Gwinn Market Value
$107,600
Median Marquette County Market Value
$155,200
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gwinn, Marquette County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49841 | $38,400 | $65,600 | $107,600 | $179,850 | $264,180 |
Source: Ownwell
Property Tax Bills Across Gwinn, Marquette County, Michigan
In Gwinn, MI, property tax bills are calculated based on the assessed value of a home. The assessed value, determined by the local tax assessor, is a percentage of the property's market value. Homeowners in Gwinn face a median property tax bill of $590, which is significantly lower than the national median of $2,400. The tax bill can range from $319 at the 25th percentile to $1,524 at the 90th percentile, reflecting variations in property values within the area. These taxes fund essential local services such as schools, infrastructure, and emergency services. As property values fluctuate, so do tax bills, impacting homeowners' financial planning.
Ownwell assists homeowners by providing expert property tax appeal services. By evaluating the assessed value of your property, Ownwell identifies potential discrepancies that could lead to reduced tax bills. Our team of experts guides you through the appeal process, ensuring fair taxation and potentially saving you money. With Ownwell, homeowners can navigate property tax complexities with confidence and ease, ensuring they pay only their fair share.
Median Gwinn Tax Bill
$590
Median Marquette County Tax Bill
$725
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Gwinn, Marquette County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49841 | $166 | $319 | $590 | $1,008 | $1,524 |
Source: Ownwell
