Six Lakes, Mecosta County, Michigan Property Taxes
Median Six Lakes, MI effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Six Lakes, MI home value: $150,200
Median annual Six Lakes, MI tax bill: $1,388, $1,012 lower than the national median property tax bill of $2,400.
How are property taxes in Mecosta County calculated?
Property taxes in Six Lakes, 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 Six Lakes's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Six Lakes, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Six Lakes, Mecosta County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$1,352
$1,254
Property Tax Rates Across Six Lakes, 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 votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
Six Lakes in Mecosta County, Michigan, presents an interesting case in property taxation. With an effective property tax rate of 0.90%, Six Lakes aligns closely with the state median, offering residents a relatively affordable tax environment compared to the national median property tax rate of 1.02%. This rate is lower than the national average, providing a financial advantage to property owners in the area. Despite the uniformity within Mecosta County, where the tax rate remains consistent, it's notable that Six Lakes offers a more favorable tax rate compared to many other regions across the country. This consistency in tax rates can be attributed to the county’s effective budget management, ensuring that residents benefit from essential services without bearing a heavy tax burden.
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 Six Lakes Tax Rate
0.90%
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 Six Lakes, Mecosta County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48886 | 0.79% | 0.82% | 0.90% | 1.20% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Six Lakes, Mecosta County, Michigan
When examining property taxes in Six Lakes, 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 Six Lakes. For example, the median home price in Six Lakes is $150,200, with tax bills ranging significantly across the county. Zip code 48886 has the highest median home price at $150,200.
Property Tax Assessment Values Across Six Lakes, Mecosta County, Michigan
Source: Ownwell
$113,200
$191,500
$269,800
Median Six Lakes Market Value
$150,200
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 Six Lakes, Mecosta County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48886 | $112,320 | $121,500 | $150,200 | $195,800 | $244,000 |
Source: Ownwell
Property Tax Bills Across Six Lakes, Mecosta County, Michigan
In Six Lakes, located in Mecosta County, MI, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the property's market value. The tax rate applied to this assessed value determines the annual tax bill. In Six Lakes, the median property tax bill stands at $1,388, which is notably lower than the national median of $2,400. Factors influencing the tax bill include changes in the property's assessed value and the local tax rate set by the county.
For homeowners, these taxes can represent a significant annual expense. However, there are opportunities to reduce this financial burden. Ownwell offers property tax appeal services that can help homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners are not overpaying. This service is particularly beneficial for those in Six Lakes, where even a small reduction can lead to substantial savings over time. With Ownwell's expertise, homeowners can navigate the complexities of property tax assessments with confidence.
Median Six Lakes Tax Bill
$1,388
Median Mecosta County Tax Bill
$1,675
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Six Lakes, Mecosta County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48886 | $981 | $1,076 | $1,388 | $1,846 | $2,859 |
Source: Ownwell