Smith, Schoolcraft County, Michigan Property Taxes
Property Taxes in Smith, Michigan
Median Smith, Michigan effective property tax rate: 0.71%, lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Smith, Michigan home value: $254,900
Median annual Smith, Michigan tax bill: $1,616, $784 lower than the national median property tax bill of $2,400.
How are property taxes in Schoolcraft calculated?
Property taxes in Smith, Michigan 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 Smith's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Smith, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Smith, Schoolcraft County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$1,810
$1,679
How Does the Smith Property Tax Calculator Work?
Use this Smith property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Smith's median effective tax rate of 0.71% — based on actual property records in Schoolcraft County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Smith's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Smith: rates range by local levies, school district taxes, and assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Smith.
About Smith Property Taxes
About Property Taxes in Smith, Schoolcraft, Michigan
Smith's median effective property tax rate of 0.71% is lower than the Michigan state median of 1.05% and lower than the national median of 1.02%. This rate reflects the Schoolcraft County base levy combined with local school district levies and Tax increment finance districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Smith. Homeowners in the highest ZIP code carry a median effective rate of 0.71%, while those in the lowest ZIP code pay 0.71%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Schoolcraft County. Understanding which part of Smith you live in can make a meaningful difference to your annual tax bill.
Smith homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the March 9, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Smith, Schoolcraft County, Michigan
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Smith's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Smith Tax Rate
0.71%
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 Smith, Schoolcraft County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Smith, Schoolcraft County, Michigan
When examining property taxes in Smith, 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 assessor 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 the month when notices are sent.
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 Smith.
For example, the median home price in Smith is $254,900, with tax bills ranging significantly across the county. The median property tax bill is $1,616, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Smith, Schoolcraft County, Michigan
Source: Ownwell
$87,200
$208,800
$330,400
Median Smith Market Value
$254,900
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 Smith, Schoolcraft County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Smith, Schoolcraft County, Michigan
How are property tax bills calculated in Smith, Schoolcraft County, Michigan?
Property tax bills in Smith are based on the assessed value of a home, which is then multiplied by the local tax rate set by taxing authorities. The assessed value is influenced by the property’s market value, location, and any applicable exemptions or special assessments. For homeowners, this means a higher assessed value generally leads to a higher tax bill, while exemptions can help reduce the amount owed.
What factors affect the amount homeowners pay? A home with a median market value of $254,900 can face very different tax bills depending on where it sits in the local tax structure. In Smith, the 25th percentile tax bill is $969, the 75th percentile is $2,180, and the 90th percentile reaches $2,619. These differences show how property characteristics and local taxing decisions can create a wide range of outcomes for homeowners.
Median Smith Tax Bill
$1,616
Median Schoolcraft County Tax Bill
$1,214
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Smith, Schoolcraft County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Schoolcraft Tax Assessor | |
| Website | bsaonline.com |