Vestaburg, Montcalm County, Michigan Property Taxes

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

Median VESTABURG, MI effective property tax rate: 1.00%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median VESTABURG, MI home value: $146,600
Median annual VESTABURG, MI tax bill: $1,457, $943 lower than the national median property tax bill of $2,400.

How are property taxes in Montcalm calculated?

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

Last Updated March 1, 2025

Vestaburg, Montcalm County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

Estimate Property Tax Bill

$1,466

$1,360

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

Local government entities are responsible for setting tax rates, and these can vary significantly within a state. Each year, counties estimate the necessary budget to maintain services and divide this by the total value of all taxable property in their jurisdiction, resulting in the property tax rate. Though votes and laws play a role in this process, this is the fundamental approach to determining tax rates annually. In Vestaburg, located in Montcalm County, the effective property tax rate stands at 1.00%, which aligns with the highest and lowest rates in the area, all recorded at 1.00%. Compared to the national median property tax rate of 1.02%, Vestaburg’s rate is slightly lower. This means that Vestaburg residents enjoy a property tax rate that is just below the national average, potentially easing the financial burden on homeowners. By understanding these rates, property owners in Vestaburg can make informed decisions about their property taxes and explore potential savings opportunities.

Property Tax Rates Across Vestaburg, 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 Vestaburg Tax Rate

1.00%

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 Vestaburg, Montcalm County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48891	0.70%	0.85%	1.00%	1.28%	1.63%

Source: Ownwell

Property Tax Assessment Values Across Vestaburg, Montcalm County, Michigan

When examining property taxes in Vestaburg, 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 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 Vestaburg. For example, the median home price in Vestaburg is $146,600, with tax bills ranging significantly across the county. Zip code 48891 has the highest median home price at $146,600.

Property Tax Assessment Values Across Vestaburg, Montcalm County, Michigan

Source: Ownwell

$97,300

$180,550

$263,800

Median Vestaburg Market Value

$146,600

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 Vestaburg, Montcalm County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48891	$56,740	$93,300	$146,600	$221,650	$330,840

Source: Ownwell

Property Tax Bills Across Vestaburg, Montcalm County, Michigan

In Vestaburg, located in Montcalm County, Michigan, property tax bills are determined by assessing a home's taxable value, which is typically half of its market value. With a median home price of $146,600, homeowners can expect varying tax bills based on their property's assessed value. The tax bill at the 25th percentile is $987, while at the 75th percentile, it rises to $2,247. At the 90th percentile, homeowners might see tax bills as high as $3,259. The highest and lowest median tax bills in the area are both $1,457, which is below the national median tax bill of $2,400. This suggests that while some homeowners pay less than the national average, others may still experience substantial tax burdens. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax bills. By leveraging expert knowledge and local data, Ownwell identifies opportunities for savings, ensuring homeowners in Vestaburg pay only their fair share in property taxes.

Property Tax Bills Across Vestaburg, Montcalm County, Michigan

Source: Ownwell

$804

$1,666

$2,527

Median Vestaburg Tax Bill

$1,457

Median Montcalm County Tax Bill

$1,657

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Vestaburg, Montcalm County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48891	$624	$987	$1,457	$2,247	$3,259

Source: Ownwell