Falmouth, Missaukee County, Michigan Property Taxes

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

Median Falmouth, MI effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Falmouth, MI home value: $104,200
Median annual Falmouth, MI tax bill: $914, $1,486 lower than the national median property tax bill of $2,400.

How are property taxes in Missaukee calculated?

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

Last Updated March 1, 2025

Falmouth, Missaukee County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.89%

Estimate Property Tax Bill

$927

$861

Ownwell’s Falmouth Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Falmouth with just two data points.

By entering your property's estimated assessed value, our calculator applies Falmouth’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 Missaukee.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Falmouth, Missaukee County, Michigan

Local government entities are responsible for setting property tax rates, and these can fluctuate significantly within a state. This variability arises because each county annually estimates the budget required to maintain services and divides it by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. While votes and legislation play a role in establishing these rates and budgets, this is essentially the annual procedure.

In Falmouth, located in Missaukee County, Michigan, the effective property tax rate is reflective of the county's budgetary needs and property values. When comparing Falmouth's effective tax rate with other cities in Michigan, it aligns with the state’s median rate, which is slightly below the national median of 1.02%. This means residents in Falmouth may experience a relatively moderate property tax burden compared to other areas across the country. Understanding these rates can help property owners make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Falmouth, Missaukee County, Michigan

Source: Ownwell

0.70%

0.96%

1.23%

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 Falmouth Tax Rate

0.89%

Median Effective Missaukee County Tax Rate

0.95%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Falmouth, Missaukee County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49632	0.56%	0.68%	0.89%	1.25%	1.55%

Source: Ownwell

Property Tax Assessment Values Across Falmouth, Missaukee County, Michigan

When examining property taxes in Falmouth, 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 Missaukee 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 Missaukee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Falmouth. For example, the median home price in Falmouth is $104,200, with tax bills ranging significantly across the county. 49632 has the highest median home price at $104,200.

Property Tax Assessment Values Across Falmouth, Missaukee County, Michigan

Source: Ownwell

$98,300

$125,850

$153,400

Median Falmouth Market Value

$104,200

Median Missaukee County Market Value

$117,600

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Falmouth, Missaukee County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49632	$28,600	$57,950	$104,200	$177,800	$292,240

Source: Ownwell

Property Tax Bills Across Falmouth, Missaukee County, Michigan

In Falmouth, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is typically a percentage of the home's market value. The median home price in Falmouth is $104,200, and property tax rates are applied to this assessed value to determine the annual tax bill. Factors such as local government budgets and school district needs can influence these rates. Homeowners in Falmouth might see tax bills ranging from $527 at the 25th percentile to $2,494 at the 90th percentile, with the median tax bill standing at $914. This is significantly lower than the national median property tax bill of $2,400. High property taxes can be a financial burden, but Ownwell offers property tax appeal and exemption services to help homeowners reduce their bills. By analyzing local tax assessments and comparable properties, Ownwell can identify potential savings, ensuring homeowners pay only their fair share.

Property Tax Bills Across Falmouth, Missaukee County, Michigan

Source: Ownwell

$914

$1,059

$1,204

Median Falmouth Tax Bill

$914

Median Missaukee County Tax Bill

$1,099

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Falmouth, Missaukee County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49632	$262	$527	$914	$1,494	$2,494

Source: Ownwell