Peck, Sanilac County, Michigan Property Taxes
Median Peck, MI effective property tax rate: 1.05%, slightly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Peck, MI home value: $99,400
Median annual Peck, MI tax bill: $995, $1,405 lower than the national median property tax bill of $2,400.
How are property taxes in Sanilac County calculated?
Property taxes in Peck, 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 Peck’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Peck, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Peck, Sanilac County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$1,200
$1,113
Property Tax Rates Across Peck, Sanilac County, Michigan
Local government entities are responsible for setting tax rates, which can differ significantly across different areas within a state. Each year, counties determine their necessary budget to fund local services and divide this amount by the total value of all taxable properties within their boundaries. This calculation establishes the property tax rate for that year. Although the process involves votes and legal regulations, this is essentially how it works annually.
For those in Peck, located in Sanilac County, you can compare Peck’s effective property tax rate with other cities in Michigan, as well as with the median property tax rates for Michigan and the U.S. Interestingly, the median property tax rate in Michigan is slightly above the national median, which can be attributed to the state's unique budgetary needs and property values. Understanding these rates can provide valuable insight into how your property taxes are determined and how they compare on a broader scale.
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 Peck Tax Rate
0.78%
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 Sanilac County Tax Rate
0.94%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Peck, Sanilac County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48466 | 0.52% | 0.59% | 0.78% | 0.96% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Peck, Sanilac County, Michigan
When examining property taxes in Peck, 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 Sanilac 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 Sanilac 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 Peck. For example, the median home price in Peck is $99,400, with tax bills ranging significantly across the county. Zip code 48466 has the highest median home price at $99,400.
Property Tax Assessment Values Across Peck, Sanilac County, Michigan
Source: Ownwell
$97,200
$170,600
$244,000
Median Peck Market Value
$153,800
Median Sanilac County Market Value
$156,400
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Peck, Sanilac County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48466 | $71,700 | $107,800 | $153,800 | $206,400 | $276,000 |
Source: Ownwell
Property Tax Bills Across Peck, Sanilac County, Michigan
In Peck, located in Sanilac County, MI, property tax bills are determined by assessing the property's market value and applying the local tax rate. The process considers various factors, including the property's assessed value, which is a percentage of its market value. Homeowners in Peck face a median property tax bill of $995, which is below the national median of $2,400. This lower tax bill can be attributed to the region's relatively modest median home price of $99,400. However, tax bills can vary significantly, with the 25th percentile at $734 and the 90th percentile reaching $1,776. Such variations can impact homeowners' financial planning and budgeting.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By leveraging expertise in local tax regulations and market assessments, Ownwell can identify opportunities for reducing tax liabilities. This can lead to significant savings, ensuring homeowners are not overpaying on their property taxes. With Ownwell's support, homeowners can achieve financial relief and peace of mind.
Median Peck Tax Bill
$1,139
Median Sanilac County Tax Bill
$1,472
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Peck, Sanilac County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48466 | $544 | $845 | $1,139 | $1,549 | $2,157 |
Source: Ownwell