Casco, St. Clair County, Michigan Property Taxes
Median Casco, MI effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Casco, MI home value: $288,600
Median annual Casco, MI tax bill: $1,962, $438 lower than the national median property tax bill of $2,400.
How are property taxes in St. Clair calculated?
Property taxes in Casco, 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 Casco’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Casco, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Casco, St. Clair County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$2,020
$1,875
Property Tax Rates Across Casco, St. Clair County, Michigan
Local government entities in Michigan, like those across the U.S., set property tax rates that can vary significantly within the state. This variability arises because each county, such as St. Clair, estimates its annual budget needed to provide essential services. The county then divides this budget by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While this process involves various votes and legal considerations, this is essentially how property tax rates are determined each year.
In Casco, located in St. Clair County, the effective property tax rate can be compared to other cities in Michigan, as well as to the national median property tax rate. In Michigan, the median property tax rate is 0.70%, which is lower than the national median of 1.02%. This comparison highlights how property tax rates in Michigan are generally more favorable than the national average, potentially offering residents a more attractive tax environment. Understanding these nuances can help property owners make informed decisions regarding their investments and financial planning.
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 Casco Tax Rate
0.70%
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 St. Clair County Tax Rate
0.78%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Casco, St. Clair County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48064 | 0.51% | 0.56% | 0.70% | 0.83% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Casco, St. Clair County, Michigan
When examining property taxes in Casco, 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 St. Clair 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 are sent in the spring each year in St. Clair County. 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 Casco. For example, the median home price in Casco is $288,600, with tax bills ranging significantly across the county. 48064 has the highest median home price at $288,600.
Property Tax Assessment Values Across Casco, St. Clair County, Michigan
Source: Ownwell
$35,200
$161,900
$288,600
Median Casco Market Value
$288,600
Median St. Clair County Market Value
$181,600
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Casco, St. Clair County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48064 | $152,800 | $213,200 | $288,600 | $382,400 | $504,600 |
Source: Ownwell
Property Tax Bills Across Casco, St. Clair County, Michigan
In Casco, located in St. Clair County, MI, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $288,600. Homeowners in Casco typically face property tax bills varying from $1,454 at the 25th percentile to $3,645 at the 90th percentile. The median tax bill here is $1,962, which is below the national median property tax bill of $2,400. Factors influencing these bills include changes in property values and local tax rates. For homeowners, this means that as property values increase, so can their tax obligations.
Ownwell offers significant assistance by providing property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners reduce their tax burdens. These services ensure that homeowners in Casco are not overpaying and are only paying their fair share, potentially saving them hundreds of dollars annually on their property tax bills.
Median Casco Tax Bill
$1,962
Median St. Clair County Tax Bill
$1,504
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Casco, St. Clair County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48064 | $1,055 | $1,454 | $1,962 | $2,720 | $3,645 |
Source: Ownwell