Rhodes, Midland County, Michigan Property Taxes
Median Rhodes, MI effective property tax rate: 0.42%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Rhodes, MI home value: $174,200
Median annual Rhodes, MI tax bill: $696, $1,704 lower than the national median property tax bill of $2,400.
How are property taxes in Midland calculated?
Property taxes in Rhodes, 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 Rhodes’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rhodes, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rhodes, Midland County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.39%
Estimate Property Tax Bill
$781
$725
Ownwell’s Rhodes Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Rhodes with just two data points.
By entering your property's estimated assessed value, our calculator applies Rhodes’ 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 Midland County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Rhodes, Midland County, Michigan
Local government entities in Michigan set property tax rates, which can vary significantly across the state. This variation occurs because each county annually determines its budgetary needs for public services. They then divide this amount by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate.
This process involves both votes and laws, but at its core, this is how property tax rates are established each year.
Comparing Rhodes' effective property tax rate to other cities in Michigan and the national median offers valuable insights. While the national median property tax rate is 1.02%, Michigan's median stands at 0.42%, with Rhodes aligning with this state median. This comparison highlights Michigan's relatively lower property tax burden compared to the national average.
Understanding these differences can help property owners in Rhodes make informed decisions about property tax appeals and exemptions. By staying informed about local and national property tax trends, residents can better navigate their financial responsibilities and potentially reduce their property tax liabilities.
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 Rhodes Tax Rate
0.39%
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 Midland County Tax Rate
0.53%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rhodes, Midland County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48652 | 0.29% | 0.34% | 0.39% | 0.43% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Rhodes, Midland County, Michigan
When examining property taxes in Rhodes, 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 Midland 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 Midland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Rhodes. For example, the median home price in Rhodes is $174,200, with tax bills ranging significantly across the county. Zip code 48652 has the highest median home price at $174,200.
Property Tax Assessment Values Across Rhodes, Midland County, Michigan
Source: Ownwell
$90,500
$148,550
$206,600
Median Rhodes Market Value
$200,200
Median Midland County Market Value
$183,600
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rhodes, Midland County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48652 | $67,200 | $119,400 | $200,200 | $273,700 | $353,760 |
Source: Ownwell
Property Tax Bills Across Rhodes, Midland County, Michigan
Median Rhodes Tax Bill
$729
Median Midland County Tax Bill
$1,337
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Rhodes, Midland County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48652 | $227 | $458 | $729 | $1,080 | $1,464 |
Source: Ownwell