Clio, Saginaw County, Michigan Property Taxes

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

Median Clio, MI effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Clio, MI home value: $136,900
Median annual Clio, MI tax bill: $532, $1,868 lower than the national median property tax bill of $2,400.

How are property taxes in Saginaw County calculated?

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

Last Updated March 1, 2025

Clio, Saginaw County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.39%

Estimate Property Tax Bill

$534

$495

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

Clio, located in Saginaw County, offers a compelling case study in property tax rates. The effective property tax rate here is significantly lower than both the state and national medians, making it an attractive option for property owners. The median property tax rate in Michigan stands at 1.54%, significantly higher than Clio's rate. With the national median property tax rate at 1.02%, Clio's rate is notably below this figure as well. This lower rate can translate to substantial savings for homeowners, enhancing the appeal of this area. Whether you're a potential homeowner or an investor, understanding these rates can significantly impact your financial planning and investment decisions.

Property Tax Rates Across Clio, 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 Clio Tax Rate

0.39%

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 Clio, Saginaw County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48420	0.35%	0.38%	0.39%	0.43%	0.48%

Source: Ownwell

Property Tax Assessment Values Across Clio, Saginaw County, Michigan

When examining property taxes in Clio, 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, influenced by factors like location and property condition. 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. This assessed value is used to calculate your property taxes by multiplying it by your tax rate to get your tax bill. In Saginaw County, assessment notices are sent in the spring each year, typically reaching your mailbox by the middle of March. Each property owner receives an assessment notice containing both the market value and assessed value, along with an estimate of your property tax bill. This helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Clio. For example, the median home price in Clio is $136,900, with tax bills ranging significantly across the county. Zip code 48420 has the highest median home price at $136,900.

Property Tax Assessment Values Across Clio, Saginaw County, Michigan

Source: Ownwell

$24,800

$143,100

$261,400

Median Clio Market Value

$136,900

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 Clio, Saginaw County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48420	$93,900	$102,000	$136,900	$172,100	$182,800

Source: Ownwell

Property Tax Bills Across Clio, Saginaw County, Michigan

Property tax bills in Clio, located in Saginaw County, MI, are calculated based on the assessed value of a property, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value. In Clio, the median property tax bill stands at $532, which is significantly lower than the national median property tax bill of $2400. Homeowners in Clio can expect their tax bills to fall between $406 at the 25th percentile and $762 at the 90th percentile. These figures reflect the local government's need to fund public services such as schools, infrastructure, and emergency services.

For homeowners aiming to reduce their property tax bills, Ownwell offers expert services in property tax appeals and exemptions. By analyzing property assessments and market conditions, Ownwell identifies potential discrepancies that could result in tax savings. Their expertise in navigating the appeals process ensures that homeowners pay only their fair share, providing peace of mind and potential financial relief.

Property Tax Bills Across Clio, Saginaw County, Michigan

Source: Ownwell

$204

$1,093

$1,982

Median Clio Tax Bill

$532

Median Saginaw County Tax Bill

$894

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Clio, Saginaw County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48420	$368	$406	$532	$655	$762

Source: Ownwell