Walkerville, Oceana County, Michigan Property Taxes

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

Median Walkerville, MI effective property tax rate: 1.18%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Walkerville, MI home value: $99,400
Median annual Walkerville, MI tax bill: $1,191, $1,209 lower than the national median property tax bill of $2,400.

How are property taxes in Oceana calculated?

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

Last Updated March 1, 2025

Walkerville, Oceana County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.18%

Estimate Property Tax Bill

$1,173

$1,088

Ownwell’s Walkerville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Walkerville with just two data points.

By entering your property's estimated assessed value, our calculator applies Walkerville’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 Oceana County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Walkerville, Oceana County, Michigan

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially how it works each year.

In Walkerville, located in Oceana County, Michigan, the effective property tax rate is reflective of this process. With a median tax rate of 1.18%, Walkerville aligns with the highest and lowest rates in the state, as it shares the same rate across its zip code. When compared to the national median property tax rate of 1.02%, Walkerville's rate is slightly higher, impacting property owners' annual tax bills. By understanding these rates and how they compare to both state and national figures, property owners can make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Walkerville, Oceana County, Michigan

Source: Ownwell

0.94%

1.35%

1.77%

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 Walkerville Tax Rate

1.18%

Median Effective Oceana County Tax Rate

1.08%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Walkerville, Oceana County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49459	0.71%	0.92%	1.18%	1.55%	1.99%

Source: Ownwell

Property Tax Assessment Values Across Walkerville, Oceana County, Michigan

When examining property taxes in Walkerville, 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 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 Walkerville. For example, the median home price in Walkerville is $99,400, with tax bills ranging significantly across the county. Zip code 49459 has the highest median home price at $99,400.

Property Tax Assessment Values Across Walkerville, Oceana County, Michigan

Source: Ownwell

$69,400

$169,700

$270,000

Median Walkerville Market Value

$99,400

Median Oceana County Market Value

$154,800

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Walkerville, Oceana County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49459	$27,200	$55,800	$99,400	$174,200	$264,000

Source: Ownwell

Property Tax Bills Across Walkerville, Oceana County, Michigan

In Walkerville, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This value typically reflects around 50% of the market value of the property. The tax rate is then applied to this assessed value to determine the annual property tax bill. In Walkerville, the median home price is $99,400, resulting in a median property tax bill of $1,191, which is below the national median property tax bill of $2,400. Factors such as changes in market conditions, home improvements, and local tax levies can influence a homeowner's tax bill. For homeowners, these taxes can represent a significant financial obligation. Ownwell assists by offering property tax appeal services, potentially reducing tax bills by ensuring that the assessed value is fair and accurate. Through expert analysis and representation, Ownwell helps homeowners navigate the complexities of property tax assessments, providing the opportunity to save money and reduce financial burdens.

Property Tax Bills Across Walkerville, Oceana County, Michigan

Source: Ownwell

$1,142

$2,056

$2,969

Median Walkerville Tax Bill

$1,191

Median Oceana County Tax Bill

$1,632

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Walkerville, Oceana County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49459	$386	$690	$1,191	$1,933	$3,049

Source: Ownwell