Grant, Newaygo County, Michigan Property Taxes

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

Median Grant, MI effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Grant, MI home value: $162,400
Median annual Grant, MI tax bill: $676, $1,724 lower than the national median property tax bill of $2,400.

How are property taxes in Newaygo calculated?

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

Last Updated March 1, 2025

Grant, Newaygo 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

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Ownwell’s Grant Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grant with just two data points. By entering your property's estimated assessed value, our calculator applies Grant’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 Newaygo County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Grant, Newaygo County, Michigan

Local government entities in Michigan set tax rates that can vary significantly across the state. Each year, counties like Newaygo estimate their required budget to provide essential services and divide that by the total value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Grant, located in Newaygo County, the effective property tax rate stands at 0.40%, which is notably lower than both the Michigan median property tax rate and the national median of 1.02%. This lower rate can result in a more affordable property tax bill for homeowners in Grant compared to those in other parts of the state and country. When considering property taxes, it's essential for homeowners to understand how these rates are determined and how they compare to other areas. By doing so, they can make informed decisions about their property investments and potential savings on tax bills.

Property Tax Rates Across Grant, Newaygo County, Michigan

Source: Ownwell

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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 Grant Tax Rate

0.00%

Median Effective Newaygo County Tax Rate

0.00%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grant, Newaygo County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49327	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Grant, Newaygo County, Michigan

When examining property taxes in Grant, 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 Newaygo 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. Assessment notices: In Newaygo County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month. 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 Grant. For example, the median home price in Grant is $162,400, with tax bills ranging significantly across the county. ZIP code 49327 has the highest median home price at $162,400.

Property Tax Assessment Values Across Grant, Newaygo County, Michigan

Source: Ownwell

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Median Grant Market Value

$187,700

Median Newaygo County Market Value

$170,200

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grant, Newaygo County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49327	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Grant, Newaygo County, Michigan

In Grant, located in Newaygo County, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price here is $162,400, resulting in a property tax bill that can vary significantly. For instance, homeowners in the 25th percentile pay around $427, while those in the 75th percentile face bills of approximately $1,077. At the 90th percentile, tax bills can reach up to $1,670. Compared to the national median property tax bill of $2,400, Grant's tax bills are generally lower, offering some relief to local homeowners.

The property tax rate and assessed value are crucial factors in determining the final tax bill. High property taxes can strain homeowners financially, impacting their ability to maintain or improve their homes. Ownwell offers valuable assistance in this area by providing property tax appeal services to help homeowners potentially lower their tax bills, ensuring they only pay their fair share. By leveraging expertise and local market insights, Ownwell can identify opportunities for tax savings, easing the financial burden on homeowners.

Property Tax Bills Across Grant, Newaygo County, Michigan

Source: Ownwell

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Median Grant Tax Bill

Median Newaygo County Tax Bill

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Grant, Newaygo County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49327	N/A	N/A	N/A	N/A	N/A

Source: Ownwell