Leonidas, St. Joseph County, Michigan Property Taxes
Median Leonidas, MI effective property tax rate: 0.34%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Leonidas, MI home value: $114,900
Median annual Leonidas, MI tax bill: $398, $2,002 lower than the national median property tax bill of $2,400.
How are property taxes in St. Joseph calculated?
Property taxes in Leonidas, 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 Leonidas’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Leonidas, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Leonidas, St. Joseph County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.32%
Estimate Property Tax Bill
$416
$386
Property Tax Rates Across Leonidas, St. Joseph County, Michigan
Local government entities set tax rates, which can vary widely within a state. Each county 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 tax rates and budgets, this is essentially the annual process.
In Leonidas, located in St. Joseph County, Michigan, the effective property tax rate is notably lower than the national median. This can be a significant advantage for property owners, as it means a lower annual tax bill compared to other areas with higher rates. Michigan's median property tax rate is also below the national median, offering a more favorable tax environment overall.
For property owners in Leonidas, this lower tax rate can translate into considerable savings, making it an attractive place to own property. By understanding the local tax landscape, property owners can better manage their expenses and potentially invest those savings elsewhere.
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 Leonidas Tax Rate
0.32%
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. Joseph County Tax Rate
0.41%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Leonidas, St. Joseph County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49066 | 0.21% | 0.26% | 0.32% | 0.35% | 0.46% |
Source: Ownwell
Property Tax Assessment Values Across Leonidas, St. Joseph County, Michigan
When examining property taxes in Leonidas, 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. Joseph 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. This 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 St. Joseph 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 Leonidas. For example, the median home price in Leonidas is $114,900, with tax bills ranging significantly across the county. Zip code 49066 has the highest median home price at $114,900.
Property Tax Assessment Values Across Leonidas, St. Joseph County, Michigan
Source: Ownwell
$130,000
$181,350
$232,700
Median Leonidas Market Value
$130,000
Median St. Joseph County Market Value
$166,000
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Leonidas, St. Joseph County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49066 | $54,700 | $93,850 | $130,000 | $195,150 | $317,800 |
Source: Ownwell
Property Tax Bills Across Leonidas, St. Joseph County, Michigan
Median Leonidas Tax Bill
$418
Median St. Joseph County Tax Bill
$874
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Leonidas, St. Joseph County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49066 | $166 | $279 | $418 | $659 | $1,063 |
Source: Ownwell