Byron, Shiawassee County, Michigan Property Taxes

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

Median Byron, MI effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Byron, MI home value: $198,800
Median annual Byron, MI tax bill: $1,654, $746 lower than the national median property tax bill of $2,400.

How are property taxes in Shiawassee calculated?

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

Last Updated March 1, 2025

Byron, Shiawassee County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.85%

Estimate Property Tax Bill

$1,994

$1,850

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

Property Tax Rates Across Byron, Shiawassee County, Michigan

Local government entities set tax rates, which can vary widely within a state. This is 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 Byron's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.

Property Tax Rates Across Byron, Shiawassee County, Michigan

Source: Ownwell

0.85%

1.09%

1.33%

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 Byron Tax Rate

0.85%

Median Effective Shiawassee County Tax Rate

1.25%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Byron, Shiawassee County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48418	0.66%	0.75%	0.85%	1.05%	1.26%

Source: Ownwell

Property Tax Assessment Values Across Byron, Shiawassee County, Michigan

When examining property taxes in Byron, 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 Shiawassee 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 Shiawassee 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 Byron. For example, the median home price in Byron is $198,800, with tax bills ranging significantly across the county. 48418 has the highest median home price at $198,800.

Property Tax Assessment Values Across Byron, Shiawassee County, Michigan

Source: Ownwell

$146,800

$200,500

$254,200

Median Byron Market Value

$234,600

Median Shiawassee County Market Value

$175,200

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Byron, Shiawassee County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48418	$131,340	$180,550	$234,600	$289,550	$377,440

Source: Ownwell

Property Tax Bills Across Byron, Shiawassee County, Michigan

In Byron, nestled within Shiawassee County, MI, property taxes are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in Byron is $198,800, and property tax bills here can vary significantly. The 25th percentile tax bill is $1,216, while the 75th percentile reaches $2,150, and the 90th percentile goes up to $2,873. The median tax bill in the 48418 zip code is $1,654, which is below the national median property tax bill of $2,400. Homeowners in Byron can thus expect to pay a property tax rate that is lower than the national median rate of 1.02%.

For those looking to reduce their tax burden, Ownwell offers expert property tax appeal and exemption services. With a deep understanding of local tax codes and valuation practices, Ownwell can help homeowners in Byron identify potential savings and navigate the appeal process, ultimately aiming to lower their property tax bills and ease financial pressures.

Property Tax Bills Across Byron, Shiawassee County, Michigan

Source: Ownwell

$1,581

$2,521

$3,461

Median Byron Tax Bill

$1,983

Median Shiawassee County Tax Bill

$2,104

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Byron, Shiawassee County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48418	$1,023	$1,488	$1,983	$2,614	$3,383

Source: Ownwell