Osceola County, Michigan Property Taxes
Property Taxes in Osceola County, Michigan
Median Osceola County effective property tax rate: 1.14%, significantly higher than the national median of 1.02%.
Median Osceola County home value: $139,600
Median annual Osceola County tax bill: $1,571, lower than the national median property tax bill of $2,400.
How are property taxes in Osceola County calculated?
Property taxes in Osceola County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Osceola County or another part of Osceola County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Osceola County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$1,591
$1,477
How Does the Osceola County Property Tax Calculator Work?
Use this Osceola County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Osceola County's median effective tax rate of 1.14% to generate your estimate.
Enter your property's estimated assessed value — the figure used for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Osceola County's median tax rate is higher than the state median tax rate of 1.05%, and the county's median tax bill of $1,571 is $829 lower than the state median tax bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Osceola County.
Property Tax Rates Across Osceola County, Michigan
What Are Effective Property Tax Rates Across Osceola County?
Local government entities set tax rates, which vary widely across Osceola County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Osceola County's effective property tax rate to other counties in Michigan or the U.S. median of 1.02%.
Osceola County's median effective rate stands at 1.14%, which is higher than the national median of 1.02%. Within Osceola County, the highest rate is found in Lake at 1.29%, while Paris has the lowest at 0.93%.
These variations reflect differences in local school district levies, Tax increment finance districts assessments, and special district bonds — which compound the base county rate.
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 Osceola County Tax Rate
1.14%
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 Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Osceola County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Evart | 0.71% | 0.89% | 1.18% | 1.54% | 1.95% |
| Hersey | 0.68% | 0.80% | 1.09% | 1.40% | 1.87% |
| Lake | 0.85% | 0.95% | 1.29% | 1.62% | 1.91% |
| Leroy | 0.71% | 0.86% | 1.14% | 1.52% | 1.95% |
| Marion | 0.69% | 0.86% | 1.09% | 1.46% | 1.95% |
| Paris | 0.74% | 0.82% | 0.93% | 1.08% | 1.20% |
| Reed City | 0.76% | 0.87% | 1.13% | 1.47% | 1.91% |
| Sears | 0.71% | 0.87% | 1.17% | 1.52% | 1.95% |
| Tustin | 0.72% | 0.87% | 1.13% | 1.53% | 1.95% |
| Mc Bain | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Osceola County, Michigan
When examining property taxes in Osceola County, 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 Osceola County assessing office 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 Osceola 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 Osceola County.
For example, the median tax bill in Osceola County is $1,571, with tax bills ranging significantly across the county. Tustin has the highest median home price at $165,100.
Property Tax Assessment Values Across Osceola County, Michigan
Source: Ownwell
$121,400
$143,250
$165,100
Median Osceola County Market Value
$139,600
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Osceola County, Michigan
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Evart | $47,200 | $84,400 | $136,600 | $208,400 | $304,520 |
| Hersey | $55,700 | $92,950 | $139,400 | $203,050 | $290,660 |
| Lake | $66,260 | $86,850 | $129,800 | $207,450 | $309,000 |
| Leroy | $23,600 | $58,350 | $138,500 | $234,250 | $347,940 |
| Marion | $42,200 | $77,000 | $129,800 | $196,400 | $287,400 |
| Paris | $75,840 | $89,100 | $121,400 | $203,750 | $313,340 |
| Reed City | $55,040 | $97,800 | $143,200 | $205,800 | $296,200 |
| Sears | $37,400 | $72,050 | $131,700 | $211,550 | $297,700 |
| Tustin | $46,880 | $97,000 | $165,100 | $271,100 | $390,660 |
| Mc Bain | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Osceola County, Michigan
Property tax bills in Osceola County are based on the assessed value of a home and the local tax rate applied to that value. When a property’s market value rises, the assessed value can increase too, which may lead to a higher tax bill. Local taxing authorities use that assessment to fund public services, so homeowners pay more when their property is valued higher.
For Osceola County, the median home price is $139,600, and the median property tax bill is $1,811 in Tustin, while Paris has the lowest median tax bill at $1,200. Across the county, tax bills can vary widely, with the 25th percentile at $942 and the 75th percentile at $2,442. The 90th percentile reaches $3,701, showing how much taxes can differ depending on location and property value. Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, homeowners in Osceola County may see bills that are lower or higher depending on their assessed value and local rates.
Median Osceola County Tax Bill
$1,571
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Osceola County, Michigan
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Evart | $549 | $986 | $1,581 | $2,406 | $3,600 |
| Hersey | $599 | $987 | $1,505 | $2,188 | $3,350 |
| Lake | $708 | $1,227 | $1,804 | $2,528 | $3,237 |
| Leroy | $306 | $708 | $1,455 | $2,554 | $4,144 |
| Marion | $487 | $831 | $1,449 | $2,279 | $3,313 |
| Paris | $816 | $920 | $1,200 | $1,697 | $2,713 |
| Reed City | $639 | $1,078 | $1,653 | $2,400 | $3,404 |
| Sears | $475 | $832 | $1,521 | $2,460 | $3,524 |
| Tustin | $631 | $1,099 | $1,811 | $2,868 | $4,527 |
| Mc Bain | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Osceola Tax Assessor | |
| Website | bsaonline.com |