Newaygo, Mecosta County, Michigan Property Taxes

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

Median Newaygo, MI effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Newaygo, MI home value: $130,200
Median annual Newaygo, MI tax bill: $853, $1,547 lower than the national median property tax bill of $2,400.

How are property taxes in Mecosta calculated?

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

Last Updated March 1, 2025

Newaygo, Mecosta County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.59%

Estimate Property Tax Bill

$768

$713

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

Property Tax Rates Across Newaygo, Mecosta County, Michigan

Local government entities in Michigan set property tax rates, which can vary significantly across the state. Each year, counties estimate their required budget to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws influence the setting of tax rates and budgets, this annual process outlines the basics.

In Newaygo, located in Mecosta County, the effective property tax rate stands at 0.59%, which is notably lower than the national median property tax rate of 1.02%. This means residents of Newaygo benefit from a more favorable tax rate compared to many other regions across the United States. Comparing Newaygo's tax rate to other cities in Michigan, it aligns with the lowest in the state, offering an attractive environment for potential homeowners. The lower property tax rate can make a significant difference in annual tax bills, providing financial relief and potentially increasing property affordability.

Property Tax Rates Across Newaygo, Mecosta County, Michigan

Source: Ownwell

0.59%

0.92%

1.24%

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 Newaygo Tax Rate

0.59%

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 Newaygo, Mecosta County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49337	0.46%	0.52%	0.59%	0.91%	1.12%

Source: Ownwell

Property Tax Assessment Values Across Newaygo, Mecosta County, Michigan

When examining property taxes in Newaygo, 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. Assessment notices: Mecosta County sends assessment notices in the spring each year, typically reaching your mailbox by the middle of March. 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 Newaygo. For example, the median home price in Newaygo is $130,200, with tax bills ranging significantly across the county. Zip code 49337 has the highest median home price at $130,200.

Property Tax Assessment Values Across Newaygo, Mecosta County, Michigan

Source: Ownwell

$113,200

$191,500

$269,800

Median Newaygo Market Value

$130,200

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 Newaygo, Mecosta County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49337	$47,000	$77,600	$130,200	$211,200	$374,800

Source: Ownwell

Property Tax Bills Across Newaygo, Mecosta County, Michigan

In Newaygo, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The median home price in Newaygo is $130,200, which influences the assessed value and subsequently the property tax bill. With tax bills ranging from the 25th percentile at $613 to the 90th percentile at $1,800, homeowners in Newaygo generally face lower property tax bills compared to the national median of $2,400. The highest and lowest median tax bills in Newaygo are both $853, indicating a relatively consistent tax burden across the area. Factors such as property size, location, and market conditions are considered in determining the assessed value. Homeowners can benefit from appealing their property tax assessments to potentially lower their tax bills. Ownwell offers expert property tax appeal services, helping homeowners navigate the complexities of property tax assessments and secure savings. By leveraging their expertise, Ownwell can effectively reduce property tax burdens, ensuring homeowners pay only their fair share.

Property Tax Bills Across Newaygo, Mecosta County, Michigan

Source: Ownwell

$853

$1,619

$2,384

Median Newaygo Tax Bill

$853

Median Mecosta County Tax Bill

$1,675

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Newaygo, Mecosta County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49337	$400	$613	$853	$1,180	$1,800

Source: Ownwell