Perry, Shiawassee County, Michigan Property Taxes
Median Perry, MI effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%. Median Perry, MI home value: $192,000. Median annual Perry, MI tax bill: $2,293, $107 lower than the national median property tax bill of $2,400.
How are property taxes in Shiawassee calculated?
Property taxes in Perry, 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 Perry’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Perry, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Perry, Shiawassee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.19%
Estimate Property Tax Bill
$2,747
$2,549
Property Tax Rates Across Perry, Shiawassee County, Michigan
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 Perry Tax Rate
1.19%
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 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 Perry, Shiawassee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48872 | 0.80% | 0.98% | 1.19% | 1.54% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Perry, Shiawassee County, Michigan
When examining property taxes in Perry, 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 Shiawassee County Assessor's Office 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 Shiawassee 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 Perry. For example, the median home price in Perry is $192,000, with tax bills ranging significantly across the county. 48872 has the highest median home price at $192,000.
Property Tax Assessment Values Across Perry, Shiawassee County, Michigan
Source: Ownwell
$146,800
$200,500
$254,200
Median Perry Market Value
$230,800
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 Perry, Shiawassee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48872 | $127,400 | $170,200 | $230,800 | $302,650 | $400,600 |
Source: Ownwell
Property Tax Bills Across Perry, Shiawassee County, Michigan
In Perry, located in Shiawassee County, MI, property tax bills are calculated based on the assessed value of your home, which is determined by the local assessor. Typically, the assessed value is a percentage of the market value. The median home price in Perry is $192,000, with property tax bills ranging from $1,749 at the 25th percentile to $3,934 at the 90th percentile. The median tax bill here is $2,293, slightly below the national median of $2,400. This means that while some homeowners might enjoy relatively lower tax bills, others could find themselves paying significantly more.
Factors such as local tax rates and any applicable exemptions can influence the final tax bill. Homeowners in Perry can benefit from appealing their property assessments if they believe they are over-assessed. Ownwell offers expert property tax appeal services, helping homeowners navigate the complexities of the tax system. By ensuring that your property is fairly assessed, Ownwell can help reduce your tax liability, potentially saving you hundreds or even thousands of dollars annually.
Median Perry Tax Bill
$2,712
Median Shiawassee County Tax Bill
$2,104
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Perry, Shiawassee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48872 | $1,573 | $2,097 | $2,712 | $3,604 | $4,872 |
Source: Ownwell