Hubbardston, Montcalm County, Michigan Property Taxes
Median Hubbardston, MI effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Hubbardston, MI home value: $182,600
Median annual Hubbardston, MI tax bill: $1,646, $754 lower than the national median property tax bill of $2,400.
How are property taxes in Montcalm calculated?
Property taxes in Hubbardston, 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 Hubbardston's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hubbardston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hubbardston, Montcalm County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$1,351
$1,254
Ownwell’s Hubbardston Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hubbardston with just two data points.
By entering your property's estimated assessed value, our calculator applies Hubbardston’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 Montcalm County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Hubbardston, Montcalm County, Michigan
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Hubbardston, located in Montcalm County, property owners benefit from a lower property tax rate compared to the national median. This is advantageous for residents, as it can lead to significant savings over time. When comparing Hubbardston’s effective property tax rate to other cities in Michigan, it stands out as being particularly favorable. The median property tax rate in Michigan is already lower than the national median, making Hubbardston an even more attractive option for homeowners. This lower tax burden can make a substantial difference in affordability, allowing residents to allocate their financial resources elsewhere.
Understanding these nuances can be crucial for homeowners and potential buyers, as property taxes are a significant factor in the overall cost of homeownership.
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 Hubbardston Tax Rate
0.74%
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 Hubbardston, Montcalm County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48845 | 0.55% | 0.62% | 0.74% | 0.96% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Hubbardston, Montcalm County, Michigan
When examining property taxes in Hubbardston, 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 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 Hubbardston. For example, the median home price in Hubbardston is $182,600, with tax bills ranging significantly across the county. ZIP code 48845 has the highest median home price at $182,600.
Property Tax Assessment Values Across Hubbardston, Montcalm County, Michigan
Source: Ownwell
$97,300
$180,550
$263,800
Median Hubbardston Market Value
$182,600
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 Hubbardston, Montcalm County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48845 | $63,400 | $96,500 | $182,600 | $334,000 | $399,900 |
Source: Ownwell
Property Tax Bills Across Hubbardston, Montcalm County, Michigan
Median Hubbardston Tax Bill
$1,646
Median Montcalm County Tax Bill
$1,657
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Hubbardston, Montcalm County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48845 | $450 | $764 | $1,646 | $2,585 | $3,210 |
Source: Ownwell