Gladwin, Ogemaw County, Michigan Property Taxes
Median Gladwin, MI effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Gladwin, MI home value: $55,600
Median annual Gladwin, MI tax bill: $482, $1,918 lower than the national median property tax bill of $2,400.
How are property taxes in Ogemaw calculated?
Property taxes in Gladwin, 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 Gladwin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gladwin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gladwin, Ogemaw County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.86%
Estimate Property Tax Bill
$478
$444
Property Tax Rates Across Gladwin, Ogemaw County, Michigan
Local government entities determine tax rates, which can differ significantly within a state. Each county annually estimates its required budget for services and divides this by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the basic annual process.
Gladwin in Ogemaw County, Michigan, has a property tax rate of 0.86%, which is below the national median property tax rate of 1.02%. This lower rate can offer homeowners in Gladwin some financial relief compared to the national average. However, it's essential to consider that even within Michigan, tax rates can vary, affecting overall property tax bills.
When comparing Gladwin's effective property tax rate to other cities in Michigan and the U.S., it's clear that Gladwin offers competitive rates that could appeal to potential property owners. Understanding these differences can help homeowners make informed decisions when considering property investments in the area.
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 Gladwin Tax Rate
0.86%
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 Ogemaw County Tax Rate
0.91%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gladwin, Ogemaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48624 | 0.68% | 0.79% | 0.86% | 0.99% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Gladwin, Ogemaw County, Michigan
When examining property taxes in Gladwin, 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 Ogemaw 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 Ogemaw 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 Gladwin.
For example, the median home price in Gladwin is $55,600, with tax bills ranging significantly across the county. ZIP code 48624 has the highest median home price at $55,600.
Property Tax Assessment Values Across Gladwin, Ogemaw County, Michigan
Source: Ownwell
$25,000
$44,500
$64,000
Median Gladwin Market Value
$55,600
Median Ogemaw County Market Value
$47,400
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gladwin, Ogemaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48624 | $18,020 | $29,150 | $55,600 | $81,125 | $106,580 |
Source: Ownwell
Property Tax Bills Across Gladwin, Ogemaw County, Michigan
Median Gladwin Tax Bill
$482
Median Ogemaw County Tax Bill
$466
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Gladwin, Ogemaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48624 | $144 | $233 | $482 | $706 | $1,055 |
Source: Ownwell