Holton, Muskegon County, Michigan Property Taxes
Median Holton, MI effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Holton, MI home value: $142,800
Median annual Holton, MI tax bill: $566, $1,834 lower than the national median property tax bill of $2,400.
How are property taxes in Muskegon County calculated?
Property taxes in Holton, 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 Holton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Holton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Holton, Muskegon County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.39%
Estimate Property Tax Bill
$557
$517
Property Tax Rates Across Holton, Muskegon County, Michigan
Local government entities are responsible for setting property tax rates, which can differ significantly within Michigan. Each year, Muskegon County estimates the budget needed to provide essential services and divides it by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate for the area. While votes and legislation play roles in setting these rates and budgets, this is the essence of the annual process.
For property owners in Holton, understanding how their effective property tax rate compares to other cities in Michigan and the national average is crucial. Holton's rate is notably lower than the national median property tax rate of 1.02%. This can offer significant savings compared to other regions. Additionally, when comparing Holton's property taxes to the median rate in Michigan, property owners may find further cost benefits. Being informed about these rates can help property owners make better financial decisions and potentially save money on their property taxes.
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 Holton Tax Rate
0.39%
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 Muskegon County Tax Rate
0.47%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Holton, Muskegon County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49425 | 0.31% | 0.35% | 0.39% | 0.47% | 0.53% |
Source: Ownwell
Property Tax Assessment Values Across Holton, Muskegon County, Michigan
When examining property taxes in Holton, 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 Muskegon 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 Muskegon 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 Holton. For example, the median home price in Holton is $142,800, with tax bills ranging significantly across the county. Zip code 49425 has the highest median home price at $142,800.
Property Tax Assessment Values Across Holton, Muskegon County, Michigan
Source: Ownwell
$62,400
$178,450
$294,500
Median Holton Market Value
$142,800
Median Muskegon County Market Value
$163,000
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Holton, Muskegon County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49425 | $59,000 | $95,000 | $142,800 | $210,000 | $294,100 |
Source: Ownwell
Property Tax Bills Across Holton, Muskegon County, Michigan
In Holton, Michigan, property tax bills are calculated based on the assessed value of a home, which is determined by the Muskegon County Assessor's Office. The median home price in Holton is $142,800. Homeowners in Holton can expect property tax bills that vary significantly, with the 25th percentile at $362 and the 75th percentile reaching $865. The 90th percentile tax bill is $1,253, reflecting differences in assessed values and applicable tax rates. These figures are notably lower than the national median property tax bill of $2,400, making Holton an appealing location for homeowners seeking lower property tax obligations.
Despite these lower rates, homeowners can still benefit from seeking reductions in their property tax bills. Ownwell provides expert property tax appeal services, helping homeowners ensure their properties are fairly assessed. By analyzing local market trends and assessment data, Ownwell identifies opportunities for savings, potentially reducing tax liabilities. This service is invaluable for homeowners aiming to minimize their expenses and maximize their investment in Holton's real estate market.
Median Holton Tax Bill
$566
Median Muskegon County Tax Bill
$841
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Holton, Muskegon County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49425 | $225 | $362 | $566 | $865 | $1,253 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Muskegon Tax Assessor | |
| Website | maps.muskegoncountygis.com |