Hawks, Presque Isle County, Michigan Property Taxes
Median HAWKS, MI effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median HAWKS, MI home value: $108,400
Median annual HAWKS, MI tax bill: $481, $1,919 lower than the national median property tax bill of $2,400.
How are property taxes in Presque Isle calculated?
Property taxes in HAWKS, 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 HAWKS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in HAWKS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hawks, Presque Isle County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.99%
Estimate Property Tax Bill
$1,296
$1,203
Property Tax Rates Across Hawks, Presque Isle County, Michigan
Local government entities set tax rates, which can vary widely within a state. The process involves each county estimating its required budget for services and dividing 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.
In Hawks, located in Presque Isle County, Michigan, the effective property tax rate is 0.45%. This is significantly lower than the national median property tax rate of 1.02%. Such a low rate can make Hawks an attractive option for property owners, as it suggests a lower annual tax burden compared to many other regions. When considering the median property tax rates within Michigan, Hawks stands out with its notably low rate. This can be an enticing factor for potential homeowners or investors looking for cost-effective property ownership. Comparing these rates helps highlight the potential savings and financial benefits of owning property in Hawks, especially when contrasted with the national landscape.
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 Hawks Tax Rate
0.99%
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 Presque Isle County Tax Rate
0.96%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hawks, Presque Isle County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49743 | 0.55% | 0.67% | 0.99% | 1.31% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Hawks, Presque Isle County, Michigan
When examining property taxes in Hawks, 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 Presque Isle 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 Presque Isle 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 Hawks. For example, the median home price in Hawks is $108,400, with tax bills ranging significantly across the county. Zip code 49743 has the highest median home price at $108,400.
Property Tax Assessment Values Across Hawks, Presque Isle County, Michigan
Source: Ownwell
$117,000
$187,300
$257,600
Median Hawks Market Value
$130,900
Median Presque Isle County Market Value
$146,400
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hawks, Presque Isle County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49743 | $35,620 | $80,100 | $130,900 | $194,400 | $256,760 |
Source: Ownwell
Property Tax Bills Across Hawks, Presque Isle County, Michigan
In Hawks, located in Presque Isle County, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the property's market value. The median home price in the area is $108,400, and property tax rates are applied to this assessed value to determine the tax bill. The tax bill for homeowners in Hawks can vary significantly, with the 25th percentile at $308 and the 75th percentile reaching $688, while the 90th percentile can go up to $985. This variation is due to differences in property values and assessment practices.
Homeowners in Hawks face property tax bills that can be burdensome, especially when compared to the national median property tax bill of $2,400. Ownwell can assist homeowners by offering property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and ensuring they align with market values, Ownwell helps homeowners secure fair tax bills, providing financial relief and peace of mind.
Median Hawks Tax Bill
$1,113
Median Presque Isle County Tax Bill
$1,312
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Hawks, Presque Isle County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49743 | $349 | $684 | $1,113 | $1,837 | $2,668 |
Source: Ownwell