Trufant, Montcalm County, Michigan Property Taxes

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

Median Trufant, MI effective property tax rate: 0.99%, significantly lower than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Trufant, MI home value: $185,400
Median annual Trufant, MI tax bill: $1,901, which is $499 lower than the national median property tax bill of $2,400.

How are property taxes in Montcalm calculated?

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

Last Updated March 1, 2025

Trufant, Montcalm County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.99%

Estimate Property Tax Bill

$1,835

$1,703

Ownwell’s Trufant Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Trufant with just two data points. By entering your property's estimated assessed value, our calculator applies Trufant’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 Trufant, Montcalm County, Michigan

In Trufant, located in Montcalm County, MI, the property tax process reflects the broader approach seen across the United States. Local government bodies determine tax rates, which can differ significantly within a state. This variability arises because counties annually assess their budget needs for essential services and divide this by the total value of taxable property within their area. This calculation establishes the property tax rate. Although voting and legislation play roles in setting these rates and budgets, this is the fundamental procedure followed each year.

Trufant's effective property tax rate is a key point of comparison to other cities in Michigan and the national landscape. With a median property tax rate slightly below the national median of 1.02%, Trufant showcases a favorable tax environment. This rate is consistent with Montcalm County's overall lower tax rate compared to other counties. Such a competitive tax rate can be a significant consideration for property owners, influencing decisions related to property investments and residency in the area.

Property Tax Rates Across Trufant, Montcalm County, Michigan

Source: Ownwell

0.68%

0.88%

1.07%

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 Trufant Tax Rate

0.99%

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 Trufant, Montcalm County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49347	0.66%	0.81%	0.99%	1.36%	1.76%

Source: Ownwell

Property Tax Assessment Values Across Trufant, Montcalm County, Michigan

When examining property taxes in Trufant, 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 Trufant. For example, the median home price in Trufant is $185,400, with tax bills ranging significantly across the county. 49347 has the highest median home price at $185,400.

Property Tax Assessment Values Across Trufant, Montcalm County, Michigan

Source: Ownwell

$97,300

$180,550

$263,800

Median Trufant Market Value

$185,400

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 Trufant, Montcalm County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49347	$70,160	$128,900	$185,400	$262,700	$372,320

Source: Ownwell

Property Tax Bills Across Trufant, Montcalm County, Michigan

In Trufant, located in Montcalm County, Michigan, property taxes are calculated based on the assessed value of a home, which is determined by the local assessor. The median home price in Trufant is $185,400. Compared to the national median property tax rate of 1.02%, Trufant homeowners face a median property tax bill of $1,901. This is below the national median tax bill of $2,400. The tax bill can vary significantly, with the 25th percentile at $1,124 and the 75th percentile reaching $3,013. Factors influencing these variations include changes in the local real estate market and specific property characteristics. Homeowners in Trufant may find their tax bills burdensome, especially if they fall into the higher percentiles. Ownwell offers valuable assistance by providing property tax appeal and exemption services. By analyzing local market trends and property assessments, Ownwell helps homeowners identify potential savings and file successful appeals, ensuring they don't pay more than necessary.

Property Tax Bills Across Trufant, Montcalm County, Michigan

Source: Ownwell

$804

$1,666

$2,527

Median Trufant Tax Bill

$1,901

Median Montcalm County Tax Bill

$1,657

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Trufant, Montcalm County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49347	$728	$1,124	$1,901	$3,013	$4,506

Source: Ownwell