Negaunee, Marquette County, Michigan Property Taxes
Median Negaunee, MI effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Negaunee, MI home value: $161,100
Median annual Negaunee, MI tax bill: $1,158, $1,242 lower than the national median property tax bill of $2,400.
How are property taxes in Marquette calculated?
Property taxes in Negaunee, 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 Negaunee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Negaunee, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Negaunee, Marquette County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.76%
Estimate Property Tax Bill
$1,224
$1,136
Property Tax Rates Across Negaunee, Marquette County, Michigan
Local government entities set tax rates, which can vary widely within a state. This variation is due to the annual budget estimation process each county undertakes to provide necessary services. They divide the required budget by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate. Votes and laws play a role in setting these rates and budgets, but this is essentially the annual process.
In Negaunee, located in Marquette County, the effective property tax rate is an important consideration for property owners. Comparing Negaunee's tax rate to other cities in Michigan and the national median can provide valuable insights. Michigan's median property tax rate is below the national median of 1.02%, offering potential advantages for property owners in the state. With the national median property tax bill at $2,400, understanding where Negaunee stands can help residents make informed decisions about property ownership and investment. By assessing these rates, property owners can better navigate their financial responsibilities and explore opportunities for appealing or seeking exemptions to optimize their property tax liabilities.
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 Negaunee Tax Rate
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 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 Negaunee, Marquette County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49866 | 0.38% | 0.54% | 0.76% | 0.91% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Negaunee, Marquette County, Michigan
When examining property taxes in Negaunee, 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 May. 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 Negaunee.
For example, the median home price in Negaunee is $161,100, with tax bills ranging significantly across the county. 49866 has the highest median home price at $161,100.
Property Tax Assessment Values Across Negaunee, Marquette County, Michigan
Source: Ownwell
$61,500
$138,250
$215,000
Median Negaunee Market Value
$161,100
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 Negaunee, Marquette County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49866 | $69,080 | $111,600 | $161,100 | $231,000 | $331,120 |
Source: Ownwell
Property Tax Bills Across Negaunee, Marquette County, Michigan
Median Negaunee Tax Bill
$1,158
Median Marquette County Tax Bill
$725
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Negaunee, Marquette County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49866 | $383 | $732 | $1,158 | $1,832 | $2,736 |
Source: Ownwell
