Roscommon, Roscommon County, Michigan Property Taxes
Median Roscommon, MI effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Roscommon, MI home value: $127,000
Median annual Roscommon, MI tax bill: $847, $1,553 lower than the national median property tax bill of $2,400.
How are property taxes in Roscommon calculated?
Property taxes in Roscommon, 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 Roscommon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Roscommon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Roscommon, Roscommon County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$2,000
$1,856
Property Tax Rates Across Roscommon, Roscommon County, Michigan
Local government entities determine tax rates, which can vary significantly across a state. This variation is due to the annual process where each county estimates its required budget to provide essential services and then divides this amount by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the fundamental process.
In Roscommon, Michigan, the effective property tax rate reflects this annual calculation and can be compared to other cities within the state. Interestingly, Roscommon's tax rate aligns with the highest and lowest median tax rates in its zip code, showcasing a unique consistency. When compared to the national median property tax rate of 1.02%, Roscommon's rate is notably lower, which can be appealing for property owners seeking affordability. This lower rate, coupled with the county's ability to maintain essential services, highlights the balance Roscommon achieves between fiscal responsibility and taxpayer relief.
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 Roscommon 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 Roscommon County Tax Rate
1.15%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Roscommon, Roscommon County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48653 | 0.70% | 0.84% | 1.14% | 1.42% | 1.71% |
Source: Ownwell
Property Tax Assessment Values Across Roscommon, Roscommon County, Michigan
When examining property taxes in Roscommon, MI, 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.
In Roscommon 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 Roscommon. For example, the median home price in Roscommon is $127,000, with tax bills ranging significantly across the county. The zip code 48653 has the highest median home price at $127,000.
Property Tax Assessment Values Across Roscommon, Roscommon County, Michigan
Source: Ownwell
$95,000
$152,500
$210,000
Median Roscommon Market Value
$175,400
Median Roscommon County Market Value
$151,200
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Roscommon, Roscommon County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48653 | $54,600 | $106,200 | $175,400 | $301,350 | $669,160 |
Source: Ownwell
Property Tax Bills Across Roscommon, Roscommon County, Michigan
In Roscommon, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to determine the tax bill. Various factors such as local government budgets, school funding needs, and infrastructure projects influence the tax rate. Homeowners in Roscommon face a median property tax bill of $847, which is significantly lower than the national median of $2,400. However, tax bills can range widely, from the 25th percentile at $489 to the 90th percentile at $3,429, depending on the specific property and its assessed value.
For homeowners looking to reduce their tax burden, Ownwell offers expert property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it with similar properties, Ownwell can identify potential discrepancies and assist in filing appeals. This ensures homeowners only pay their fair share, potentially saving hundreds or even thousands on their annual property tax bills.
Median Roscommon Tax Bill
$1,922
Median Roscommon County Tax Bill
$1,643
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Roscommon, Roscommon County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48653 | $812 | $1,244 | $1,922 | $3,075 | $6,678 |
Source: Ownwell