Clio, Tuscola County, Michigan Property Taxes
Median Clio, MI effective property tax rate: 0.28%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Clio, MI home value: $84,600
Median annual Clio, MI tax bill: $233, $2,167 lower than the national median property tax bill of $2,400.
How are property taxes in Tuscola calculated?
Property taxes in Clio, 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 Clio’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clio, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Clio, Tuscola County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.28%
Estimate Property Tax Bill
$237
$220
Property Tax Rates Across Clio, Tuscola County, Michigan
Local government entities determine tax rates, which can vary significantly within a state. Every year, counties estimate the budget needed to provide essential services and divide it by the total value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the fundamental process.
In Clio, located in Tuscola County, Michigan, the effective property tax rate is 0.28%. This rate is notably lower than the national median property tax rate of 1.02%. Compared to other cities in Michigan, Clio's rate is also considerably lower than the state's median property tax rate, which provides a financial advantage to property owners in the area. With the national median property tax bill at $2,400, residents in Clio benefit from a more favorable tax environment. This can result in significant savings and make property ownership more affordable in Clio compared to other regions.
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 Clio Tax Rate
0.28%
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 Tuscola County Tax Rate
0.36%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Clio, Tuscola County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48420 | 0.21% | 0.24% | 0.28% | 0.33% | 0.42% |
Source: Ownwell
Property Tax Assessment Values Across Clio, Tuscola County, Michigan
When examining property taxes in Clio, 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 Tuscola 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 Tuscola 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 Clio. For example, the median home price in Clio is $84,600, with tax bills ranging significantly across the county. 48420 has the highest median home price at $84,600.
Property Tax Assessment Values Across Clio, Tuscola County, Michigan
Source: Ownwell
$62,800
$129,400
$196,000
Median Clio Market Value
$84,600
Median Tuscola County Market Value
$128,800
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Clio, Tuscola County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48420 | $38,020 | $51,200 | $84,600 | $143,400 | $222,380 |
Source: Ownwell
Property Tax Bills Across Clio, Tuscola County, Michigan
In Clio, located in Tuscola County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. For homeowners in Clio, the median home price is $84,600, with property tax bills ranging significantly. The 25th percentile tax bill is $149, while the 75th percentile reaches $399, and the 90th percentile can go up to $599. This range reflects the variation in assessed values and applicable tax rates. Compared to the national median property tax bill of $2,400, Clio homeowners generally experience lower tax bills, with the highest median tax bill recorded at $233 in the 48420 zip code.
Factors such as property improvements and local tax rates can influence the tax bill. Ownwell offers valuable assistance to homeowners by identifying potential savings through property tax appeals and exemption services. By leveraging their expertise, homeowners can potentially reduce their tax burden, ensuring they only pay what is fair and accurate based on their property’s true assessed value.
Median Clio Tax Bill
$233
Median Tuscola County Tax Bill
$531
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Clio, Tuscola County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48420 | $111 | $149 | $233 | $399 | $599 |
Source: Ownwell