Frankenmuth, Tuscola County, Michigan Property Taxes
Median FRANKENMUTH, MI effective property tax rate: 0.36%, significantly lower than the national median of 1.02%, but lower than the MI state median of 1.07%.
Median FRANKENMUTH, MI home value: $192,400
Median annual FRANKENMUTH, MI tax bill: $690, $1,710 lower than the national median property tax bill of $2,400.
How are property taxes in Tuscola calculated?
Property taxes in FRANKENMUTH, 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 FRANKENMUTH’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in FRANKENMUTH, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Frankenmuth, Tuscola County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.36%
Estimate Property Tax Bill
$693
$643
Property Tax Rates Across Frankenmuth, Tuscola County, Michigan
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates the budget needed 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 votes and laws play a role in setting these rates and budgets, this process is essentially how it works each year.
In Frankenmuth, located in Tuscola County, Michigan, the effective property tax rate stands out when compared to other cities in the state and the national median. With a median property tax rate of 0.36%, it is significantly lower than the national median property tax rate of 1.02%. This lower rate can result in considerable savings for property owners in Frankenmuth compared to the national average.
Understanding these differences in property tax rates can help homeowners make informed decisions about their property investments and potential savings. By appealing your property taxes or exploring available exemptions, you could benefit from even greater reductions in your property tax bills.
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 Frankenmuth Tax Rate
0.36%
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 Frankenmuth, Tuscola County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48734 | 0.27% | 0.34% | 0.36% | 0.38% | 0.45% |
Source: Ownwell
Property Tax Assessment Values Across Frankenmuth, Tuscola County, Michigan
When examining property taxes in Frankenmuth, 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 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.
In Tuscola County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Frankenmuth. For example, the median home price in Frankenmuth is $192,400, with tax bills ranging significantly across the county. Zip code 48734 has the highest median home price at $192,400.
Property Tax Assessment Values Across Frankenmuth, Tuscola County, Michigan
Source: Ownwell
$62,800
$129,400
$196,000
Median Frankenmuth Market Value
$192,400
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 Frankenmuth, Tuscola County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48734 | $130,200 | $152,800 | $192,400 | $221,200 | $283,300 |
Source: Ownwell
Property Tax Bills Across Frankenmuth, Tuscola County, Michigan
Median Frankenmuth Tax Bill
$690
Median Tuscola County Tax Bill
$531
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Frankenmuth, Tuscola County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48734 | $386 | $542 | $690 | $866 | $1,030 |
Source: Ownwell