Hiawatha, Schoolcraft County, Michigan Property Taxes
Median Hiawatha, MI effective property tax rate: 0.23%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Hiawatha, MI home value: $83,000
Median annual Hiawatha, MI tax bill: $191, $2,209 lower than the national median property tax bill of $2,400.
How are property taxes in Schoolcraft County calculated?
Property taxes in Hiawatha, 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 Hiawatha’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hiawatha, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hiawatha, Schoolcraft County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$976
$906
Property Tax Rates Across Hiawatha, Schoolcraft County, Michigan
Local government entities determine property tax rates, which can differ significantly across regions. This variation arises because each county calculates its necessary budget to fund services and then divides this by the total assessed value of all taxable properties within its boundaries. This process determines the property tax rate. Although the setting of tax rates and budgets involves votes and legislation, this is the basic annual procedure.
In Hiawatha, located in Schoolcraft County, MI, the effective property tax rate offers a unique perspective when compared to other cities within Michigan and the broader national landscape. Michigan's median property tax rate is notably below the national median of 1.02%, making it an attractive state for property owners. This lower rate is reflected in the median property tax bill, which is also below the national median of $2,400. Such differences highlight the importance of understanding local property tax dynamics, as they can have a significant impact on property ownership costs. By being informed about these rates, property owners in Hiawatha can better navigate their financial obligations and make more informed decisions regarding their investments.
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 Hiawatha Tax Rate
0.87%
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 Schoolcraft County Tax Rate
1.00%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hiawatha, Schoolcraft County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Hiawatha, Schoolcraft County, Michigan
When examining property taxes in Hiawatha, 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 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 March. 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 Hiawatha. For example, the median home price in Hiawatha is $83,000, with tax bills consistently around $191 across the county.
Property Tax Assessment Values Across Hiawatha, Schoolcraft County, Michigan
Source: Ownwell
$87,200
$208,800
$330,400
Median Hiawatha Market Value
$112,200
Median Schoolcraft County Market Value
$118,200
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hiawatha, Schoolcraft County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Hiawatha, Schoolcraft County, Michigan
In Hiawatha, located in Schoolcraft County, MI, property tax bills are determined based on the assessed value of the property. The assessed value is generally a percentage of the market value. With the median home price at $83,000, homeowners in this region face property tax bills that can be significantly lower than the national median property tax bill of $2,400. In fact, the tax bill for the 25th, 75th, and 90th percentiles is consistently $191, indicating a relatively uniform tax burden across different property values.
Factors such as property improvements or changes in market conditions can influence the assessed value, thereby affecting the tax bill. For homeowners, this means that any increase in the assessed value can lead to higher property taxes, impacting their financial planning.
Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging expert knowledge, Ownwell can help homeowners potentially reduce their tax burden, ensuring they only pay what is fair. This service not only aids in financial savings but also provides peace of mind, knowing that their property taxes are being managed effectively.
Median Hiawatha Tax Bill
$1,290
Median Schoolcraft County Tax Bill
$1,214
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Hiawatha, Schoolcraft County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell