Brooklyn, Schoolcraft County, Michigan Property Taxes

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

Median Brooklyn, MI effective property tax rate: 0.41%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Brooklyn, MI home value: $43,600
Median annual Brooklyn, MI tax bill: $180, $2,220 lower than the national median property tax bill of $2,400.

How are property taxes in Schoolcraft County calculated?

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

Last Updated March 1, 2025

Brooklyn, Schoolcraft County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.41%

Estimate Property Tax Bill

$179

$166

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

Property Tax Rates Across Brooklyn, Schoolcraft County, Michigan

Local government entities in Michigan determine property tax rates, which can differ significantly across the state. Each year, counties, including Schoolcraft, calculate their budgets for essential services and divide this by the total assessed value of all taxable properties within their boundaries. This process establishes the property tax rate. While voting and legislation play roles in setting these rates and budgets, this annual process is foundational.

In Brooklyn, located in Schoolcraft County, the effective property tax rate is 1.54%, which is higher than both the Michigan median property tax rate of 1.31% and the national median of 1.02%. This means property owners in Brooklyn face higher tax rates compared to many areas in the state and across the country. The average property tax bill in Brooklyn is $1,700, which, while below the national median of $2,400, still represents a significant expense for homeowners. By understanding these rates and how they compare, Brooklyn residents can better grasp their property tax obligations and explore potential opportunities for appeals or exemptions.

Property Tax Rates Across Brooklyn, Schoolcraft County, Michigan

Source: Ownwell

0.39%

0.43%

0.46%

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 Brooklyn Tax Rate

0.41%

Median Effective Schoolcraft County Tax Rate

0.45%

Median Effective Michigan Tax Rate

1.07%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Brooklyn, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49230	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Brooklyn, Schoolcraft County, Michigan

When examining property taxes in Brooklyn, 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 Schoolcraft 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 Schoolcraft 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 Brooklyn. For example, the median home price in Brooklyn is $43,600, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Brooklyn, Schoolcraft County, Michigan

Source: Ownwell

$72,900

$118,050

$163,200

Median Brooklyn Market Value

$43,600

Median Schoolcraft County Market Value

$86,700

Median Michigan Market Value

$177,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Brooklyn, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49230	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Brooklyn, Schoolcraft County, Michigan

In Brooklyn, Michigan, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which in Brooklyn is influenced by factors such as property size, location, and market conditions. With a median home price of $43,600, homeowners in Brooklyn often face property tax bills that are considerably lower than the national median of $2,400. Many homeowners in the area see tax bills as low as $180. However, even with lower tax bills, it's essential for homeowners to ensure they are not overpaying. This is where Ownwell can be of assistance. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax obligations. Our team analyzes property assessments, identifies discrepancies, and files appeals on behalf of homeowners, ensuring they pay only their fair share. This personalized approach can lead to significant savings for Brooklyn residents.

Property Tax Bills Across Brooklyn, Schoolcraft County, Michigan

Source: Ownwell

$302

$516

$730

Median Brooklyn Tax Bill

$180

Median Schoolcraft County Tax Bill

$504

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Brooklyn, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49230	N/A	N/A	N/A	N/A	N/A

Source: Ownwell