Mio, Oscoda County, Michigan Property Taxes
Property Taxes in Mio, Michigan
Median Mio, Michigan effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Mio, Michigan home value: $82,400
Median annual Mio, Michigan tax bill: $886, $1,514 lower than the national median property tax bill of $2,400.
How are property taxes in Oscoda calculated?
Property taxes in Mio, Michigan 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 Mio's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mio, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Mio, Oscoda County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$939
$872
How Does the Mio Property Tax Calculator Work?
Use this Mio property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mio's median effective tax rate of 1.14% — based on actual property records in Oscoda County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Mio's median effective rate across local levies, providing a more accurate estimate than using a single county millage rate.
Your bill may vary by ZIP code within Mio, but the available ZIP code shows a median property tax bill of $886 in 48647. That is higher than the Michigan median tax rate of 1.05% and lower than the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Mio.
About Mio Property Taxes
About Property Taxes in Mio, Oscoda, Michigan
Mio’s median effective property tax rate of 1.14% is higher than the Michigan state median of 1.05% and higher than the national median of 1.02%. This rate reflects the Oscoda County base levy combined with local school district levies and tax increment finance districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Mio. Homeowners in the 48647 ZIP code carry a median effective rate of 1.14%, while those in the same ZIP code also pay 1.14%. This reflects how school district boundaries and local assessment districts are drawn across Oscoda County. Understanding where you live in Mio can still matter when reviewing your annual tax bill.
Mio homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the March 3, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Mio, Oscoda County, Michigan
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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 MIO's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Mio 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 Oscoda County Tax Rate
1.15%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mio, Oscoda County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48647 | 0.72% | 0.84% | 1.14% | 1.49% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Mio, Oscoda County, Michigan
When examining property taxes in Mio, 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 Oscoda County assessment 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 Oscoda County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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 Mio.
For example, the median home price in Mio is $82,400, with tax bills ranging significantly across the county. 48647 has the highest median home price at $82,400.
Property Tax Assessment Values Across Mio, Oscoda County, Michigan
Source: Ownwell
$75,400
$96,600
$117,800
Median Mio Market Value
$82,400
Median Oscoda County Market Value
$93,600
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mio, Oscoda County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48647 | $27,440 | $48,800 | $82,400 | $138,000 | $208,960 |
Source: Ownwell
Property Tax Bills Across Mio, Oscoda County, Michigan
Mio property tax bills are based on the assessed value of a home, not its market price. Local taxing authorities apply the tax rate to that assessed value to determine the annual bill, and the final amount can vary depending on exemptions, local levies, and other taxing jurisdictions. Because the process is tied to assessment, two homes with similar market values can still receive different bills.
For homeowners in Mio, the median home price is $82,400, and the typical tax burden is relatively modest compared with the national median property tax bill of $2,400. The 25th percentile tax bill is $541, while the 75th percentile is $1,465 and the 90th percentile is $2,293. The median tax bill in the area is $886, which is the same as both the highest and lowest median tax bill reported for ZIP code 48647. These bills directly affect monthly housing costs and can make a meaningful difference in affordability for homeowners.
Median Mio Tax Bill
$886
Median Oscoda County Tax Bill
$981
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Mio, Oscoda County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48647 | $339 | $541 | $886 | $1,465 | $2,293 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 3 |
Links | |
|---|---|
| Oscoda Tax Assessor | |
| Website | bsaonline.com |