Bridgeport, Saginaw County, Michigan Property Taxes

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

Median Bridgeport, MI effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Bridgeport, MI home value: $127,500
Median annual Bridgeport, MI tax bill: $538, $1,862 lower than the national median property tax bill of $2,400.

How are property taxes in Saginaw calculated?

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

Last Updated March 1, 2025

Bridgeport, Saginaw County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.4%

Estimate Property Tax Bill

$510

$473

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

Property Tax Rates Across Bridgeport, Saginaw County, Michigan

Local government entities in Michigan, such as those in Bridgeport, Saginaw County, establish tax rates that can differ significantly across the state. This is primarily because each county annually estimates its budget needs to fund essential services and divides this by the total assessed value of all taxable properties within its boundaries. This calculation determines the property tax rate. Although the process involves votes and legal regulations, this is essentially how tax rates are set each year. Bridgeport’s effective property tax rate can be compared to other cities in Michigan, as well as to the median property tax rates in both Michigan and the United States. Michigan's median property tax rate stands at 0.40%, which is considerably lower than the national median of 1.02%. This makes Michigan an attractive option for property owners seeking lower tax rates compared to the national average.

Property Tax Rates Across Bridgeport, Saginaw County, Michigan

Source: Ownwell

0.28%

1.21%

2.14%

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 Bridgeport Tax Rate

0.40%

Median Effective Saginaw County Tax Rate

0.78%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bridgeport, Saginaw County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48722	0.32%	0.37%	0.40%	0.47%	0.53%

Source: Ownwell

Property Tax Assessment Values Across Bridgeport, Saginaw County, Michigan

When examining property taxes in Bridgeport, 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 Saginaw 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 Saginaw 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 Bridgeport. For example, the median home price in Bridgeport is $127,500, with tax bills ranging significantly across the county. Zip code 48722 has the highest median home price at $127,500.

Property Tax Assessment Values Across Bridgeport, Saginaw County, Michigan

Source: Ownwell

$24,800

$143,100

$261,400

Median Bridgeport Market Value

$127,500

Median Saginaw County Market Value

$119,800

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bridgeport, Saginaw County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48722	$73,660	$98,350	$127,500	$171,600	$246,200

Source: Ownwell

Property Tax Bills Across Bridgeport, Saginaw County, Michigan

In Bridgeport, located in Saginaw County, MI, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. With a median home price of $127,500, property taxes can vary significantly. Homeowners in the 25th percentile pay around $399, while those in the 75th percentile face bills of $713. At the 90th percentile, the tax bill can reach up to $982. This variation underscores the impact of property taxes on homeowners' finances. Compared to the national median property tax bill of $2,400 and rate of 1.02%, Bridgeport's figures are relatively modest. However, even these amounts can pose a burden. Ownwell offers a solution by providing expert property tax appeal services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners challenge excessive valuations, potentially lowering their tax bills. This service not only alleviates financial stress but also ensures that homeowners in Bridgeport pay only their fair share.

Property Tax Bills Across Bridgeport, Saginaw County, Michigan

Source: Ownwell

$204

$1,093

$1,982

Median Bridgeport Tax Bill

$538

Median Saginaw County Tax Bill

$894

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Bridgeport, Saginaw County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48722	$282	$399	$538	$713	$982

Source: Ownwell