Yale, Sanilac County, Michigan Property Taxes
Median Yale, MI effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%. Median Yale, MI home value: $166,500. Median annual Yale, MI tax bill: $1,318, $1,082 lower than the national median property tax bill of $2,400.
How are property taxes in Sanilac calculated?
Property taxes in Yale, 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 Yale’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Yale, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Yale, Sanilac County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.84%
Estimate Property Tax Bill
$1,399
$1,298
Property Tax Rates Across Yale, Sanilac County, Michigan
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual budgetary needs. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.
In Yale, located in Sanilac County, Michigan, the effective property tax rate is 0.84%. This rate is considerably lower than the national median property tax rate of 1.02%. Compared to other cities in Michigan, Yale's rate is quite competitive, offering residents a more affordable tax burden. The median property tax rate in Michigan aligns with Yale's rate, showcasing a consistency within the state. This favorable rate can make Yale an attractive location for potential homeowners looking for lower property taxes. Understanding these rates can empower homeowners to make informed decisions about their property investments, ultimately leading to potential savings.
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 Yale Tax Rate
0.84%
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
1.15%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Yale, Sanilac County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48097 | 0.56% | 0.71% | 0.84% | 0.98% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Yale, Sanilac County, Michigan
Property Tax Assessment Values Across Yale, Sanilac County, Michigan
Source: Ownwell
$57,800
$112,150
$166,500
Median Yale Market Value
$166,500
Median Sanilac County Market Value
$107,600
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Yale, Sanilac County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48097 | $62,320 | $114,950 | $166,500 | $236,800 | $284,420 |
Source: Ownwell
Property Tax Bills Across Yale, Sanilac County, Michigan
In Yale, located in Sanilac County, MI, property tax bills are determined based on the assessed value of a home, which is a percentage of the market value. Homeowners in Yale face a median property tax bill of $1,318, which is significantly below the national median of $2,400. This lower tax bill can be attributed to the area's median home price of $166,500. Factors influencing property tax bills include changes in property value, local tax rates, and any applicable exemptions. For homeowners, these tax bills represent a substantial annual expense, impacting their overall financial planning.
Ownwell offers valuable assistance in reducing these costs. By leveraging expert knowledge of local property tax laws, Ownwell helps homeowners identify potential savings through appeals and exemptions. Our team meticulously reviews property assessments to ensure accuracy and fairness, potentially lowering the tax burden. With Ownwell's support, homeowners can achieve significant savings, providing relief and contributing to a more manageable financial future.
Median Yale Tax Bill
$1,318
Median Sanilac County Tax Bill
$1,234
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Yale, Sanilac County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48097 | $442 | $918 | $1,318 | $1,909 | $2,523 |
Source: Ownwell