Fenwick, Montcalm County, Michigan Property Taxes
Median Fenwick, MI effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Fenwick, MI home value: $169,200
Median annual Fenwick, MI tax bill: $1,386, $1,014 lower than the national median property tax bill of $2,400.
How are property taxes in Montcalm calculated?
Property taxes in Fenwick, 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 Fenwick's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fenwick, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fenwick, Montcalm County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.81%
Estimate Property Tax Bill
$1,371
$1,272
Property Tax Rates Across Fenwick, Montcalm 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 Fenwick’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
Fenwick, situated in Montcalm County, boasts a property tax rate of 0.81%, which is notably lower than the national median property tax rate of 1.02%. This makes it an attractive proposition for property owners seeking more affordable tax options. Interestingly, Montcalm County's tax rate aligns with Fenwick’s, reflecting a consistent approach across the county. When compared to other regions within Michigan, Fenwick stands out for its lower tax burden, offering property owners potential savings. As property taxes can significantly impact overall homeownership costs, understanding these rates is crucial for both current residents and prospective buyers. Whether you're considering a move or simply evaluating your current expenses, Fenwick's favorable tax rate is a noteworthy consideration.
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 Fenwick Tax Rate
0.81%
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 Montcalm County Tax Rate
0.91%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fenwick, Montcalm County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48834 | 0.61% | 0.70% | 0.81% | 1.03% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Fenwick, Montcalm County, Michigan
When examining property taxes in Fenwick, 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 Montcalm 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 Montcalm 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 Fenwick. For example, the median home price in Fenwick is $169,200, with tax bills ranging significantly across the county. Zip code 48834 has the highest median home price at $169,200.
Property Tax Assessment Values Across Fenwick, Montcalm County, Michigan
Source: Ownwell
$97,300
$180,550
$263,800
Median Fenwick Market Value
$169,200
Median Montcalm County Market Value
$183,200
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fenwick, Montcalm County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48834 | $72,480 | $111,200 | $169,200 | $244,600 | $351,760 |
Source: Ownwell
Property Tax Bills Across Fenwick, Montcalm County, Michigan
Median Fenwick Tax Bill
$1,386
Median Montcalm County Tax Bill
$1,657
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Fenwick, Montcalm County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48834 | $633 | $939 | $1,386 | $2,116 | $2,946 |
Source: Ownwell