Big Rapids, Mecosta County, Michigan Property Taxes
Median Big Rapids, MI effective property tax rate: 1.05%, significantly higher than the national median of 1.02%, and equal to the Michigan state median of 1.05%.
Median Big Rapids, MI home value: $188,200
Median annual Big Rapids, MI tax bill: $2,000, $400 lower than the national median property tax bill of $2,400.
How are property taxes in Mecosta County calculated?
Property taxes in Big Rapids, 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 Big Rapids's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Big Rapids, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Big Rapids, Mecosta County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.05%
Estimate Property Tax Bill
$1,976
$1,834
Property Tax Rates Across Big Rapids, Mecosta County, Michigan
Local government entities in Michigan set property tax rates, which can vary widely within the state. 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. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Big Rapids, located in Mecosta County, the effective property tax rate is 1.05%. This rate is notably higher than the national median property tax rate of 1.02%. The property tax rate in Big Rapids is consistent across the county, as it shares the same rate as the highest and lowest median tax rates within its zip code, 49307.
Comparing Big Rapids to other cities in Michigan, the property tax rate aligns with the state median, which also stands at 1.05%. However, it is essential to note that Big Rapids' rate is slightly above the national average, which could impact property owners' tax bills compared to other regions.
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 Big Rapids Tax Rate
1.05%
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 Mecosta County Tax Rate
0.91%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Big Rapids, Mecosta County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49307 | 0.64% | 0.79% | 1.05% | 1.37% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Big Rapids, Mecosta County, Michigan
When examining property taxes in Big Rapids, 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 Mecosta 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 Mecosta 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 Big Rapids. For example, the median home price in Big Rapids is $188,200, with tax bills ranging significantly across the county. Zip code 49307 has the highest median home price at $188,200.
Property Tax Assessment Values Across Big Rapids, Mecosta County, Michigan
Source: Ownwell
$113,200
$191,500
$269,800
Median Big Rapids Market Value
$188,200
Median Mecosta County Market Value
$184,600
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Big Rapids, Mecosta County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49307 | $87,020 | $132,600 | $188,200 | $267,000 | $361,360 |
Source: Ownwell
Property Tax Bills Across Big Rapids, Mecosta County, Michigan
Median Big Rapids Tax Bill
$2,000
Median Mecosta County Tax Bill
$1,675
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Big Rapids, Mecosta County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49307 | $850 | $1,368 | $2,000 | $2,850 | $3,952 |
Source: Ownwell