Reed City, Mecosta County, Michigan Property Taxes

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

Median Reed City, MI effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Reed City, MI home value: $170,000
Median annual Reed City, MI tax bill: $1,371, $1,029 lower than the national median property tax bill of $2,400.

How are property taxes in Mecosta County calculated?

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

Last Updated March 1, 2025

Reed City, Mecosta County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.68%

Estimate Property Tax Bill

$1,156

$1,073

Ownwell’s Reed City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Reed City with just two data points. By entering your property's estimated assessed value, our calculator applies Reed City’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 Reed City, Mecosta County, Michigan

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell. Reed City in Mecosta County, Michigan, presents a unique case. Here, the effective property tax rate is 0.68%, which is significantly lower than the national median property tax rate of 1.02%. This lower tax rate can be an attractive factor for property owners in Reed City, as it indicates a lighter tax burden compared to other regions. For those considering property ownership in Michigan, Reed City offers a compelling option with its favorable tax rate. This comparison highlights the importance of understanding local tax rates when evaluating property investments, as they can vary significantly even within a single state.

Property Tax Rates Across Reed City, 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 Reed City Tax Rate

0.68%

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 Reed City, Mecosta County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49677	0.57%	0.59%	0.68%	0.81%	1.13%

Source: Ownwell

Property Tax Assessment Values Across Reed City, Mecosta County, Michigan

When examining property taxes in Reed City, 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 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 Reed City. For example, the median home price in Reed City is $170,000, with tax bills ranging significantly across the county. Zip code 49677 has the highest median home price at $170,000.

Property Tax Assessment Values Across Reed City, Mecosta County, Michigan

Source: Ownwell

$113,200

$191,500

$269,800

Median Reed City Market Value

$170,000

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 Reed City, Mecosta County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49677	$81,280	$102,000	$170,000	$263,600	$389,960

Source: Ownwell

Property Tax Bills Across Reed City, Mecosta County, Michigan

In Reed City, located in Mecosta County, MI, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. The median home price in this area is $170,000. Homeowners in Reed City can expect their property tax bills to vary, with the 25th percentile paying around $848, and those in the 90th percentile facing bills as high as $3,075. This range highlights the impact of property assessments and local tax rates on individual tax bills. The median property tax bill in Reed City is $1,371, which is below the national median of $2,400, offering some relief compared to other regions. Homeowners looking to reduce their property tax bills can benefit from Ownwell's expertise in property tax appeals and exemptions. By leveraging our services, homeowners can potentially lower their assessed values, ensuring their tax bills more accurately reflect their property's true market value.

Property Tax Bills Across Reed City, Mecosta County, Michigan

Source: Ownwell

$853

$1,619

$2,384

Median Reed City Tax Bill

$1,371

Median Mecosta County Tax Bill

$1,675

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Reed City, Mecosta County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49677	$606	$848	$1,371	$1,733	$3,075

Source: Ownwell