Escanaba, Schoolcraft County, Michigan Property Taxes

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

Median Escanaba, MI effective property tax rate: 1.68%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Escanaba, MI home value: $219,400
Median annual Escanaba, MI tax bill: $3,683, $1,283 higher than the national median property tax bill of $2,400.

How are property taxes in Schoolcraft calculated?

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

Last Updated March 1, 2025

Escanaba, Schoolcraft County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.68%

Estimate Property Tax Bill

$3,686

$3,420

Ownwell’s Escanaba Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Escanaba with just two data points. By entering your property's estimated assessed value, our calculator applies Escanaba’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 Escanaba, Schoolcraft County, Michigan

Local government entities set tax rates, which can vary widely within a state. This is because 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.

In Escanaba, located in Delta County, Michigan, the effective property tax rate stands out compared to other cities in the state. With Michigan's median property tax rate at 1.68%, it surpasses the national median property tax rate of 1.02%. This difference highlights the variance in property tax burdens across the country.

Understanding these rates is crucial for property owners aiming to manage their expenses effectively. By comparing Escanaba’s property tax rate to other cities in Michigan and the national average, property owners can gain valuable insights into their tax obligations. This knowledge empowers property owners to make informed decisions, potentially leading to significant savings through appeals or exemptions.

Property Tax Rates Across Escanaba, 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 Escanaba Tax Rate

1.68%

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 Escanaba, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49829	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Escanaba, Schoolcraft County, Michigan

When examining property taxes in Escanaba, 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 Equalization Department 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 May. 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 Escanaba.

For example, the median home price in Escanaba is $219,400, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Escanaba, Schoolcraft County, Michigan

Source: Ownwell

$72,900

$118,050

$163,200

Median Escanaba Market Value

$219,400

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 Escanaba, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49829	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Escanaba, Schoolcraft County, Michigan

In Escanaba, MI, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the tax bill. Factors such as location, property size, and improvements can influence the assessed value. In Escanaba, the median home price is $219,400, and the property tax rate here can lead to bills that are higher than the national median property tax bill of $2,400. Homeowners in Escanaba can find themselves paying a tax bill around $3,683, which is significantly above the national median. This can be a financial burden for many homeowners. However, Ownwell offers services that can help reduce this burden. By providing expert property tax appeal and exemption services, Ownwell assists homeowners in ensuring their property is fairly assessed, potentially lowering their tax bills. This can lead to significant savings and financial relief for homeowners in Escanaba.

Property Tax Bills Across Escanaba, Schoolcraft County, Michigan

Source: Ownwell

$302

$516

$730

Median Escanaba Tax Bill

$3,683

Median Schoolcraft County Tax Bill

$504

Median Michigan Tax Bill

$1,795

Median United States Tax Bill

$2,400

Property Tax Bills Across Escanaba, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49829	N/A	N/A	N/A	N/A	N/A

Source: Ownwell