Chesaning, Saginaw County, Michigan Property Taxes

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

Median Chesaning, MI effective property tax rate: 0.43%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Chesaning, MI home value: $152,400
Median annual Chesaning, MI tax bill: $805, $1,595 lower than the national median property tax bill of $2,400.

How are property taxes in Saginaw calculated?

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

Last Updated March 1, 2025

Chesaning, Saginaw County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.43%

Estimate Property Tax Bill

$655

$608

Ownwell’s Chesaning Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chesaning with just two data points. By entering your property's estimated assessed value, our calculator applies Chesaning’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 Chesaning, Saginaw 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 Chesaning’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.

Chesaning, situated in Saginaw County, showcases a property tax rate that aligns with its county's fiscal needs. The median property tax rate here is notably lower than the national median. This reflects the locality’s strategic budget management and the valuation of properties within the area. Such a tax rate can be particularly appealing for homeowners and potential buyers, offering a cost-effective living option compared to other regions. Understanding these rates is crucial for property owners who wish to make informed decisions about their investments. By appealing property tax assessments, residents might further optimize their financial commitments.

Property Tax Rates Across Chesaning, 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 Chesaning Tax Rate

0.43%

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 Chesaning, Saginaw County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48616	0.20%	0.36%	0.43%	1.01%	1.25%

Source: Ownwell

Property Tax Assessment Values Across Chesaning, Saginaw County, Michigan

When examining property taxes in Chesaning, 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. Assessment notices: In Saginaw 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 Chesaning. For example, the median home price in Chesaning is $152,400, with tax bills ranging significantly across the county. 48616 has the highest median home price at $152,400.

Property Tax Assessment Values Across Chesaning, Saginaw County, Michigan

Source: Ownwell

$24,800

$143,100

$261,400

Median Chesaning Market Value

$152,400

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 Chesaning, Saginaw County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48616	$66,840	$104,400	$152,400	$221,800	$331,200

Source: Ownwell

Property Tax Bills Across Chesaning, Saginaw County, Michigan

In Chesaning, MI, property tax bills are determined by assessing the property's value and applying the local tax rate. The assessed value is typically a percentage of the market value, and the tax rate is set by local government authorities. Homeowners in Chesaning experience a median property tax bill of $805, significantly lower than the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $507 and the 90th percentile reaching $1,731. These variations can be attributed to differences in property values and local tax rates.

For homeowners, high property tax bills can be a financial burden. That's where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills. Our team reviews your property assessment and identifies opportunities for savings, ensuring you're not overpaying. With Ownwell's assistance, homeowners in Chesaning can navigate the complexities of property taxes and keep more money in their pockets.

Property Tax Bills Across Chesaning, Saginaw County, Michigan

Source: Ownwell

$204

$1,093

$1,982

Median Chesaning Tax Bill

$805

Median Saginaw County Tax Bill

$894

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Chesaning, Saginaw County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48616	$287	$507	$805	$1,223	$1,731

Source: Ownwell