National Mine, Marquette County, Michigan Property Taxes

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

Median NATIONAL MINE, MI effective property tax rate: 0.34%, significantly lower than the national median of 1.02%, and also lower than the Michigan state median of 1.07%.
Median NATIONAL MINE, MI home value: $101,200
Median annual NATIONAL MINE, MI tax bill: $339, $2,061 lower than the national median property tax bill of $2,400.

How are property taxes in Marquette calculated?

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

Last Updated March 1, 2025

National Mine, Marquette County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.34%

Estimate Property Tax Bill

$344

$319

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

Property Tax Rates Across National Mine, Marquette County, Michigan

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variance is primarily because each county estimates its required budget to provide essential services and divides that budget 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 National Mine in Marquette County, the effective property tax rate is 0.34%. This is notably lower than the national median property tax rate of 1.02%. When comparing National Mine's rate to other cities in Michigan, it becomes evident that property owners in this area benefit from a relatively lower tax burden. This lower rate can result in significant savings for property owners, especially when compared to the national median property tax bill of $2,400. Understanding these differences can help property owners make informed decisions about where to invest and how to manage their property expenses effectively.

Property Tax Rates Across National Mine, Marquette County, Michigan

Source: Ownwell

0.34%

0.55%

0.76%

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 National Mine Tax Rate

0.34%

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 National Mine, Marquette County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49865	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across National Mine, Marquette County, Michigan

When examining property taxes in National Mine, 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 Equalization Department 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 National Mine. For example, the median home price in National Mine is $101,200, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across National Mine, Marquette County, Michigan

Source: Ownwell

$61,500

$138,250

$215,000

Median National Mine Market Value

$101,200

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 National Mine, Marquette County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49865	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across National Mine, Marquette County, Michigan

In National Mine in Marquette County, MI, property tax bills are determined by assessing the property's value and applying the local tax rate. Homeowners in this region experience a median property tax bill of $339, significantly lower than the national median of $2,400. The tax rate here is relatively modest compared to the national median property tax rate of 1.02%. Factors influencing the tax bill include the assessed value of the property, which is based on the market conditions and any improvements made to the home. For homeowners, these taxes fund essential public services such as schools, infrastructure, and emergency services. However, even with a lower tax bill, it's crucial for homeowners to ensure they are not overpaying. This is where Ownwell can assist by offering professional property tax appeal and exemption services. By reviewing property assessments and identifying potential discrepancies, Ownwell helps homeowners reduce their tax liabilities, ensuring they only pay their fair share.

Property Tax Bills Across National Mine, Marquette County, Michigan

Source: Ownwell

$202

$922

$1,642

Median National Mine Tax Bill

$339

Median Marquette County Tax Bill

$725

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across National Mine, Marquette County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49865	N/A	N/A	N/A	N/A	N/A

Source: Ownwell