Fremont, Oceana County, Michigan Property Taxes
Median Fremont, MI effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Fremont, MI home value: $121,800
Median annual Fremont, MI tax bill: $1,555, $845 lower than the national median property tax bill of $2,400.
How are property taxes in Oceana calculated?
Property taxes in Fremont, 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 Fremont’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fremont, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fremont, Oceana County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.08%
Estimate Property Tax Bill
$1,942
$1,802
Property Tax Rates Across Fremont, Oceana County, Michigan
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that 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 tax rates and budgets, this is the annual process in a nutshell.
In Fremont, located in Oceana County, Michigan, the effective property tax rate is a reflection of this process. Michigan's median property tax rate stands at 1.26%, which is above the national median of 1.02%. This means that homeowners in Fremont may find themselves paying higher property taxes compared to the national average. However, it's important to note that tax rates can vary even within the state, influenced by local budgetary needs and property values.
Understanding these differences can help property owners make informed decisions about property tax appeals and exemptions. By comparing Fremont’s effective property tax rate to other cities in Michigan and the U.S., homeowners can better navigate the complexities of property taxation and potentially reduce their tax burden.
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 Fremont Tax Rate
1.08%
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 Oceana County Tax Rate
0.98%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fremont, Oceana County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49412 | 0.78% | 0.89% | 1.08% | 1.23% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Fremont, Oceana County, Michigan
When examining property taxes in Fremont, 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 Oceana 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 Oceana 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 Fremont. For example, the median home price in Fremont is $121,800, with tax bills ranging significantly across the county. Zip code 49412 has the highest median home price at $121,800.
Property Tax Assessment Values Across Fremont, Oceana County, Michigan
Source: Ownwell
$86,300
$225,050
$363,800
Median Fremont Market Value
$179,800
Median Oceana County Market Value
$199,400
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fremont, Oceana County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49412 | $66,300 | $98,950 | $179,800 | $305,800 | $434,800 |
Source: Ownwell
Property Tax Bills Across Fremont, Oceana County, Michigan
Median Fremont Tax Bill
$1,757
Median Oceana County Tax Bill
$1,905
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Fremont, Oceana County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49412 | $751 | $1,106 | $1,757 | $3,035 | $4,855 |
Source: Ownwell