Mecosta, Mecosta County, Michigan Property Taxes
Median Mecosta, MI effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Mecosta, MI home value: $192,300
Median annual Mecosta, MI tax bill: $1,677, $723 lower than the national median property tax bill of $2,400.
How are property taxes in Mecosta calculated?
Property taxes in Mecosta, 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 Mecosta's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mecosta, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mecosta, Mecosta County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.93%
Estimate Property Tax Bill
$1,788
$1,660
Property Tax Rates Across Mecosta, Mecosta County, Michigan
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide 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.
Mecosta, Michigan, showcases a property tax landscape that is quite distinctive. The effective property tax rate here stands at 0.93%, which is notably lower than the national median of 1.02%. This means that property owners in Mecosta enjoy a more favorable tax environment compared to many other regions across the country. The rate is consistent across the county, aligning perfectly with the highest and lowest median tax rates in the area. When compared to the national median property tax bill of $2,400, Mecosta's lower rate translates to significant savings for property owners. This advantageous tax rate makes Mecosta an appealing option for homeowners seeking to minimize their property tax expenses while benefiting from the services funded by these taxes.
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 Tax Rate
0.93%
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 Mecosta, Mecosta County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49332 | 0.57% | 0.69% | 0.93% | 1.25% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Mecosta, Mecosta County, Michigan
When examining property taxes in Mecosta, 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 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 Mecosta. For example, the median home price in Mecosta is $192,300, with tax bills ranging significantly across the county. Zip code 49332 has the highest median home price at $192,300.
Property Tax Assessment Values Across Mecosta, Mecosta County, Michigan
Source: Ownwell
$113,200
$191,500
$269,800
Median Mecosta Market Value
$192,300
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 Mecosta, Mecosta County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49332 | $52,000 | $96,650 | $192,300 | $313,200 | $455,000 |
Source: Ownwell
Property Tax Bills Across Mecosta, Mecosta County, Michigan
Median Mecosta Tax Bill
$1,677
Median Mecosta County Tax Bill
$1,675
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Mecosta, Mecosta County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49332 | $495 | $864 | $1,677 | $3,004 | $4,811 |
Source: Ownwell