Stanwood, Newaygo County, Michigan Property Taxes

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

Median Stanwood, MI effective property tax rate: 0.29%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Stanwood, MI home value: $168,100
Median annual Stanwood, MI tax bill: $463, $1,937 lower than the national median property tax bill of $2,400.

How are property taxes in Newaygo calculated?

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

Last Updated March 1, 2025

Stanwood, Newaygo County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.29%

Estimate Property Tax Bill

$487

$452

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

Local government entities set tax rates, leading to significant variations within a state. Annually, each county estimates the budget needed for services and divides it 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 these rates and budgets, this is the essence of the annual process.

In Stanwood, located in Newaygo County, Michigan, the effective property tax rate is 0.29%, significantly lower than the national median of 1.02%. This makes Stanwood an attractive option for property owners seeking lower property tax rates. Compared to other cities in Michigan, Stanwood offers a more favorable tax environment, allowing residents to enjoy the benefits of homeownership without the burden of high property taxes.

The median property tax rate in Michigan offers a unique advantage, especially when contrasted with the national landscape. By understanding these dynamics, property owners can make informed decisions, ensuring they maximize their investment while minimizing expenses. Whether you're a current resident or considering a move, Stanwood's appealing tax rate is a noteworthy factor in the broader context of property tax trends.

Property Tax Rates Across Stanwood, Newaygo County, Michigan

Source: Ownwell

0.29%

0.45%

0.62%

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 Stanwood Tax Rate

0.29%

Median Effective Newaygo County Tax Rate

0.43%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Stanwood, Newaygo County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49346	0.22%	0.24%	0.29%	0.33%	0.36%

Source: Ownwell

Property Tax Assessment Values Across Stanwood, Newaygo County, Michigan

When examining property taxes in Stanwood, 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 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. In Newaygo 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 Stanwood. For example, the median home price in Stanwood is $168,100, with tax bills ranging significantly across the county. 49346 has the highest median home price at $168,100.

Property Tax Assessment Values Across Stanwood, Newaygo County, Michigan

Source: Ownwell

$81,400

$150,100

$218,800

Median Stanwood Market Value

$168,100

Median Newaygo County Market Value

$143,600

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Stanwood, Newaygo County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49346	$66,400	$100,300	$168,100	$214,050	$241,140

Source: Ownwell

Property Tax Bills Across Stanwood, Newaygo County, Michigan

In Stanwood, Michigan, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value is often a percentage of the market value, and local tax rates are applied to this assessed value to calculate the property tax bill. Factors such as changes in market conditions and property improvements can affect the assessed value, impacting the overall tax bill. Homeowners in Stanwood typically see their property tax bills ranging from $324 at the 25th percentile to $693 at the 90th percentile. This is considerably lower than the national median property tax bill of $2,400, providing a relatively affordable environment for homeowners. However, even with lower bills, there are opportunities for savings. Ownwell assists homeowners by reviewing their property assessments and identifying potential discrepancies or opportunities for exemptions, helping to ensure they pay only what is necessary. By leveraging expert knowledge, Ownwell can potentially reduce the financial burden of property taxes for homeowners in Stanwood.

Property Tax Bills Across Stanwood, Newaygo County, Michigan

Source: Ownwell

$290

$678

$1,066

Median Stanwood Tax Bill

$463

Median Newaygo County Tax Bill

$667

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Stanwood, Newaygo County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49346	$190	$324	$463	$569	$693

Source: Ownwell