Maybee, Schoolcraft County, Michigan Property Taxes

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

Median Maybee, MI effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Maybee, MI home value: $207,700
Median annual Maybee, MI tax bill: $2,352, $48 lower than the national median property tax bill of $2,400.

How are property taxes in Schoolcraft calculated?

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

Last Updated March 1, 2025

Maybee, Schoolcraft County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.34%

Estimate Property Tax Bill

$2,783

$2,583

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

Local government entities set tax rates, which can vary widely within a state. Annually, 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. Below, you can compare Maybee’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.

In Maybee, the effective property tax rate is reflective of the county's higher-than-average tax rate when compared to the national median. With a median property tax rate of 1.34%, Maybee's tax rate stands above the national median of 1.02%. This means property owners in Maybee may find themselves paying more in property taxes compared to other parts of the country. However, it is important to note that these rates are set to meet the local budgetary needs, ensuring that essential services are adequately funded. Understanding these rates can help property owners in Maybee make informed decisions about their investments and financial planning.

Property Tax Rates Across Maybee, Schoolcraft County, Michigan

Source: Ownwell

0.68%

1.04%

1.41%

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 Maybee Tax Rate

1.34%

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 Maybee, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48159	0.72%	0.82%	1.34%	1.44%	1.46%

Source: Ownwell

Property Tax Assessment Values Across Maybee, Schoolcraft County, Michigan

When examining property taxes in Maybee, 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 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. Assessment notices: 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 Maybee. For example, the median home price in Maybee is $207,700, with tax bills ranging significantly across the county. 48159 has the highest median home price at $207,700.

Property Tax Assessment Values Across Maybee, Schoolcraft County, Michigan

Source: Ownwell

$87,200

$208,800

$330,400

Median Maybee Market Value

$207,700

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 Maybee, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48159	$149,980	$173,150	$207,700	$283,150	$349,320

Source: Ownwell

Property Tax Bills Across Maybee, Schoolcraft County, Michigan

In Maybee, located in Schoolcraft County, MI, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. Homeowners in this area face a median property tax bill of $2,352, slightly below the national median of $2,400. Factors influencing this bill include local government budgets, school funding, and public services, which are funded through these taxes. Tax bills can vary significantly, with some homeowners in the 25th percentile paying around $2,152, while those in the 90th percentile may see bills as high as $3,638. These variations can impact homeowners' budgets, making it essential to ensure their property is assessed accurately. Ownwell offers a solution by providing expert property tax appeal services. By analyzing your property's assessment and market conditions, Ownwell can help you identify potential savings, ensuring you pay only your fair share. This can lead to significant reductions in tax bills, offering homeowners financial relief and peace of mind.

Property Tax Bills Across Maybee, Schoolcraft County, Michigan

Source: Ownwell

$857

$2,052

$3,247

Median Maybee Tax Bill

$2,352

Median Schoolcraft County Tax Bill

$1,214

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Maybee, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48159	$2,023	$2,152	$2,352	$3,004	$3,638

Source: Ownwell