Prudenville, Roscommon County, Michigan Property Taxes

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

Median Prudenville, MI effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Prudenville, MI home value: $121,800
Median annual Prudenville, MI tax bill: $712, $1,688 lower than the national median property tax bill of $2,400.

How are property taxes in Roscommon calculated?

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

Last Updated March 1, 2025

Prudenville, Roscommon County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.81%

Estimate Property Tax Bill

$987

$916

Ownwell’s Prudenville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Prudenville with just two data points. By entering your property's estimated assessed value, our calculator applies Prudenville’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 Roscommon County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Prudenville, Roscommon County, Michigan

Local government entities set tax rates, which can vary widely within a state. 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 Prudenville’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. Prudenville, located in Roscommon County, reflects a median property tax rate of 0.81%. This rate stands below the national median property tax rate of 1.02%, which means homeowners in Prudenville may benefit from lower tax rates compared to the national average. Despite the variations in tax rates across different regions, Prudenville maintains a consistent rate, offering a potentially favorable environment for property owners. Understanding these rates can empower homeowners to make informed decisions about property investments and financial planning.

Property Tax Rates Across Prudenville, Roscommon County, Michigan

Source: Ownwell

0.32%

0.62%

0.91%

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 Prudenville Tax Rate

0.81%

Median Effective Roscommon County Tax Rate

0.50%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Prudenville, Roscommon County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48651	0.32%	0.36%	0.81%	1.02%	1.23%

Source: Ownwell

Property Tax Assessment Values Across Prudenville, Roscommon County, Michigan

When examining property taxes in Prudenville, 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 Roscommon 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 Roscommon 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 Prudenville. For example, the median home price in Prudenville is $121,800, with tax bills ranging significantly across the county. Zip code 48651 has the highest median home price at $121,800.

Property Tax Assessment Values Across Prudenville, Roscommon County, Michigan

Source: Ownwell

$75,600

$117,750

$159,900

Median Prudenville Market Value

$121,800

Median Roscommon County Market Value

$114,800

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Prudenville, Roscommon County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48651	$37,200	$65,000	$121,800	$205,400	$301,840

Source: Ownwell

Property Tax Bills Across Prudenville, Roscommon County, Michigan

In Prudenville, located in Roscommon County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Prudenville is $121,800, with property tax bills ranging from the 25th percentile at $419 to the 90th percentile at $2,469. The median property tax bill is $712, significantly lower than the national median of $2,400, reflecting the region's relatively low tax rate. Factors influencing the tax bill include the property's assessed value and any applicable exemptions or deductions. Higher tax bills can impact homeowners by increasing their annual expenses, potentially affecting budget planning. Ownwell can assist homeowners in Prudenville by identifying potential savings through appeals and exemptions, ensuring they pay only what is necessary. By leveraging expertise in property tax consulting, Ownwell helps clients reduce their financial burden and maximize savings.

Property Tax Bills Across Prudenville, Roscommon County, Michigan

Source: Ownwell

$252

$550

$847

Median Prudenville Tax Bill

$712

Median Roscommon County Tax Bill

$649

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Prudenville, Roscommon County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48651	$236	$419	$712	$1,354	$2,469

Source: Ownwell