Townline, Schoolcraft County, Michigan Property Taxes

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

Median TOWNLINE, MI effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median TOWNLINE, MI home value: $139,600
Median annual TOWNLINE, MI tax bill: $800, $1,600 lower than the national median property tax bill of $2,400.

How are property taxes in Schoolcraft County calculated?

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

Last Updated March 1, 2025

Townline, Schoolcraft County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.63%

Estimate Property Tax Bill

$879

$816

Ownwell’s TOWNLINE Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in TOWNLINE with just two data points. By entering your property's estimated assessed value, our calculator applies TOWNLINE’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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Townline, Schoolcraft County, Michigan

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the fundamental annual process.

In TOWNLINE, located in Schoolcraft County, the effective property tax rate is notably lower compared to other cities in Michigan. The median property tax rate in Michigan itself is lower than the national median of 1.02%. This makes TOWNLINE an attractive location for property owners seeking lower tax obligations.

Comparing TOWNLINE’s tax rate to the national median highlights the potential savings for property owners, as the national median property tax bill is $2400 annually. With such competitive rates, TOWNLINE stands out as a cost-effective option for homeowners. This favorable tax environment could be a compelling reason for buyers and investors to consider TOWNLINE when looking at property opportunities in Michigan.

Property Tax Rates Across Townline, 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 Townline Tax Rate

0.63%

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 Townline, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile

Source: Ownwell

Property Tax Assessment Values Across Townline, Schoolcraft County, Michigan

When examining property taxes in TOWNLINE, 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 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 TOWNLINE. For example, the median home price in TOWNLINE is $139,600, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Townline, Schoolcraft County, Michigan

Source: Ownwell

$87,200

$208,800

$330,400

Median Townline Market Value

$139,600

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 Townline, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile

Source: Ownwell

Property Tax Bills Across Townline, Schoolcraft County, Michigan

In TOWNLINE, located in Schoolcraft County, MI, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is usually a percentage of the property's market value, which in TOWNLINE is based on the median home price of $139,600. This calculation results in a property tax bill that varies significantly among homeowners. While the national median property tax bill is $2,400, TOWNLINE's tax bills range from the 25th percentile at $541 to the 90th percentile at $1,566, showcasing a diverse tax landscape. Factors such as home improvements, neighborhood developments, and changes in the local economy can influence these variations, impacting homeowners' financial obligations. Ownwell assists homeowners by providing expertise in property tax appeals and exemptions, potentially lowering tax bills. By analyzing local market conditions and leveraging their knowledge of tax regulations, Ownwell can identify opportunities for savings, ensuring homeowners in TOWNLINE pay only their fair share of property taxes.

Property Tax Bills Across Townline, Schoolcraft County, Michigan

Source: Ownwell

$857

$2,052

$3,247

Median Townline Tax Bill

$800

Median Schoolcraft County Tax Bill

$1,214

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Townline, Schoolcraft County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile

Source: Ownwell