Southgate, Schoolcraft County, Michigan Property Taxes
Median Southgate, MI effective property tax rate: 1.07%, significantly higher than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Southgate, MI home value: $157,000
Median annual Southgate, MI tax bill: $1,167, $1,233 lower than the national median property tax bill of $2,400.
How are property taxes in Schoolcraft calculated?
Property taxes in Southgate, 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 Southgate's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Southgate, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Southgate, Schoolcraft County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.07%
Estimate Property Tax Bill
$1,680
$1,559
Property Tax Rates Across Southgate, Schoolcraft County, Michigan
Local government entities set tax rates, which can vary widely within a state. This variation stems from each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Southgate, located in Wayne County, Michigan, the effective property tax rate is reflective of this process. Interestingly, Southgate's median property tax rate aligns with the highest and lowest rates in the region, standing at 1.07%. This figure is slightly above the national median property tax rate of 1.02%. The median property tax bill in Southgate is also higher than the national median of $2,400.
For homeowners in Southgate, understanding these rates is crucial, especially when considering how they compare to other cities in Michigan and the national average. By being informed, property owners can make better decisions regarding property tax appeals and exemptions, potentially reducing their annual tax burden.
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 Southgate Tax Rate
1.07%
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 Southgate, Schoolcraft County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48195 | 0.68% | 0.78% | 1.07% | 1.49% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Southgate, Schoolcraft County, Michigan
When examining property taxes in Southgate, 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 Southgate.
For example, the median home price in Southgate is $157,000, with tax bills ranging significantly across the county. Zip code 48195 has the highest median home price at $157,000.
Property Tax Assessment Values Across Southgate, Schoolcraft County, Michigan
Source: Ownwell
$87,200
$208,800
$330,400
Median Southgate Market Value
$157,000
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 Southgate, Schoolcraft County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48195 | $69,760 | $79,200 | $157,000 | $159,600 | $210,600 |
Source: Ownwell
Property Tax Bills Across Southgate, Schoolcraft County, Michigan
In Southgate, located in Schoolcraft County, Michigan, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $157,000, homeowners can expect their tax bills to vary significantly. The 25th percentile tax bill is $869, while the 75th percentile reaches $1,529, and the 90th percentile can climb to $2,765. The median tax bill in Southgate stands at $1,167, which is below the national median property tax bill of $2,400. This relatively lower tax burden can be attributed to the local tax rate and assessed property values.
Factors such as property improvements, neighborhood developments, and local government budgets can influence tax assessments, impacting homeowners' bills. Ownwell offers a valuable service by helping homeowners navigate the complexities of property tax appeals and exemptions. By leveraging expertise and local knowledge, Ownwell can identify opportunities for tax reductions, potentially saving homeowners a significant amount on their annual property tax bills, making homeownership more affordable and manageable.
Median Southgate Tax Bill
$1,167
Median Schoolcraft County Tax Bill
$1,214
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Southgate, Schoolcraft County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48195 | $708 | $869 | $1,167 | $1,529 | $2,765 |
Source: Ownwell