Cedar River, Menominee County, Michigan Property Taxes
Property Taxes in Cedar River, Michigan
Median Cedar River, Michigan effective property tax rate: 1.02%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Cedar River, Michigan home value: $154,900
Median annual Cedar River, Michigan tax bill: $1,561, lower than the national median property tax bill of $2,400.
How are property taxes in Menominee calculated?
Property taxes in Cedar River, Michigan 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 Cedar River's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cedar River, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Cedar River, Menominee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.02%
Estimate Property Tax Bill
$1,580
$1,466
How Does the Cedar River Property Tax Calculator Work?
Use this Cedar River property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Cedar River's median effective tax rate of 1.02% — based on actual property records in Menominee County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Cedar River's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Cedar River: rates range from 1.02% in 49887 to 1.02% in 49887, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Cedar River.
About Cedar River Property Taxes
About Property Taxes in Cedar River, Menominee, Michigan
Cedar River’s median effective property tax rate of 1.02% is lower than the Michigan state median of 1.05% and higher than the national median of 1.02%. This rate reflects the Menominee County base levy combined with local school district levies and tax increment finance districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Cedar River. Homeowners in the 49887 ZIP code carry a median effective rate of 1.02%, while those in the same ZIP code pay 1.02%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Menominee County. Understanding which part of Cedar River you live in can make a meaningful difference to your annual tax bill.
Cedar River homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the March 9, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Cedar River, Menominee County, Michigan
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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.
Below, you can compare Cedar River's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Cedar River Tax Rate
1.02%
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 Menominee County Tax Rate
1.16%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cedar River, Menominee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49887 | 0.67% | 0.83% | 1.02% | 1.52% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Cedar River, Menominee County, Michigan
When examining property taxes in Cedar River, Michigan, 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 Menominee 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 in Menominee County are sent in the spring each year and typically reach your mailbox by the middle of the month. 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.
For example, the median home price in Cedar River is $154,900, with tax bills ranging significantly across the county. ZIP code 49887 has the highest median home price at $154,900. The median property tax bill is $1,561, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Cedar River, Menominee County, Michigan
Source: Ownwell
$60,200
$118,900
$177,600
Median Cedar River Market Value
$154,900
Median Menominee County Market Value
$110,600
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cedar River, Menominee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49887 | $46,340 | $88,800 | $154,900 | $239,300 | $380,300 |
Source: Ownwell
Property Tax Bills Across Cedar River, Menominee County, Michigan
Property tax bills in Cedar River are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. When a property’s market value changes, the assessed value can change too, which affects the final bill homeowners receive. For a home with a median price of $154,900, the tax bill is shaped by how that value is assessed and how local levies are applied.
Homeowners in Cedar River typically see property tax bills that reflect a range of outcomes, with the 25th percentile at $878 and the 75th percentile at $2,833. The median tax bill is $1,561, which is below the national median property tax bill of $2,400. That means many homeowners pay less than the national norm, but bills can still rise when assessed values increase or local tax rates change. Property taxes directly affect monthly housing costs and long-term affordability, making it important for homeowners to understand how their bill is calculated.
Median Cedar River Tax Bill
$1,561
Median Menominee County Tax Bill
$1,361
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Cedar River, Menominee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49887 | $538 | $878 | $1,561 | $2,833 | $4,175 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Menominee Tax Assessor | |
| Website | bsaonline.com |