Mears, Oceana County, Michigan Property Taxes
Median Mears, MI effective property tax rate: 1.12%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Mears, MI home value: $218,800
Median annual Mears, MI tax bill: $2,250, $150 lower than the national median property tax bill of $2,400.
How are property taxes in Oceana calculated?
Property taxes in Mears, 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 Mears’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mears, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mears, Oceana County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.02%
Estimate Property Tax Bill
$2,940
$2,728
Property Tax Rates Across Mears, Oceana County, Michigan
Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Mears’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
In Mears, located in Oceana County, the effective property tax rate is 1.12%, which is higher than the national median property tax rate of 1.02%. This places Mears at the higher end of the spectrum in Michigan, where property tax rates can vary significantly. The median property tax bill in Mears aligns with the higher end of the national average, reflecting its elevated tax rate. Homeowners in Mears may find it beneficial to explore property tax appeal and exemption services to 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 Mears Tax Rate
1.02%
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 Mears, Oceana County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49436 | 0.54% | 0.73% | 1.02% | 1.43% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Mears, Oceana County, Michigan
When examining property taxes in Mears, 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 May. 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 Mears. For example, the median home price in Mears is $218,800, with tax bills ranging significantly across the county. Zip code 49436 has the highest median home price at $218,800.
Property Tax Assessment Values Across Mears, Oceana County, Michigan
Source: Ownwell
$86,300
$225,050
$363,800
Median Mears Market Value
$288,200
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 Mears, Oceana County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49436 | $101,060 | $156,600 | $288,200 | $438,150 | $646,620 |
Source: Ownwell
Property Tax Bills Across Mears, Oceana County, Michigan
Median Mears Tax Bill
$2,753
Median Oceana County Tax Bill
$1,905
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Mears, Oceana County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49436 | $891 | $1,528 | $2,753 | $4,668 | $7,539 |
Source: Ownwell