Manton, Wexford County, Michigan Property Taxes
Median Manton, MI effective property tax rate: 1.53%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Manton, MI home value: $97,100
Median annual Manton, MI tax bill: $1,792, $608 lower than the national median property tax bill of $2,400.
How are property taxes in Wexford calculated?
Property taxes in Manton, 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 Manton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Manton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Manton, Wexford County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.53%
Estimate Property Tax Bill
$1,486
$1,379
Property Tax Rates Across Manton, Wexford County, Michigan
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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 are involved in setting tax rates and budgets, this is the annual process in a nutshell.
You can compare Manton’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. In Wexford County, where Manton is located, the median property tax rate stands at 1.53%, which is notably higher than the national median property tax rate of 1.02%. This means that homeowners in Manton may pay more in property taxes compared to the national average. However, understanding these rates can help property owners make informed decisions and explore potential savings through tax appeals or exemptions. Whether you're a homeowner seeking to reduce your tax burden or simply curious about how Manton compares to other regions, understanding these figures is crucial.
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 Manton Tax Rate
1.53%
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 Wexford County Tax Rate
1.72%
Median Effective Michigan Tax Rate
1.07%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Manton, Wexford County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49663 | 0.78% | 0.93% | 1.53% | 1.88% | 2.56% |
Source: Ownwell
Property Tax Assessment Values Across Manton, Wexford County, Michigan
When examining property taxes in Manton, 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 Wexford 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 Wexford 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 Manton.
For example, the median home price in Manton is $97,100, with tax bills ranging significantly across the county. Zip code 49663 has the highest median home price at $97,100.
Property Tax Assessment Values Across Manton, Wexford County, Michigan
Source: Ownwell
$81,000
$140,150
$199,300
Median Manton Market Value
$97,100
Median Wexford County Market Value
$108,400
Median Michigan Market Value
$177,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Manton, Wexford County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49663 | $27,600 | $62,600 | $97,100 | $231,550 | $315,500 |
Source: Ownwell
Property Tax Bills Across Manton, Wexford County, Michigan
In Manton, MI, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. Homeowners in Manton face a median property tax bill of $1,792, which is below the national median of $2,400. The tax rate and assessed value are crucial factors in determining the final bill. Local government budgets and public service requirements can influence these rates, impacting homeowners' financial responsibilities. For instance, the 25th percentile of tax bills in Manton is $1,022, while the 75th percentile reaches $2,697, illustrating the range of tax burdens in the area.
Ownwell assists homeowners by offering property tax appeal services, aiming to reduce these bills. By analyzing property assessments and market data, Ownwell identifies discrepancies and opportunities for savings. Homeowners can potentially save significant amounts on their tax bills, easing financial strain. With expert guidance, homeowners can navigate the complexities of property taxes and ensure they are not overpaying, allowing them to allocate resources more effectively.
Median Manton Tax Bill
$1,792
Median Wexford County Tax Bill
$1,919
Median Michigan Tax Bill
$1,795
Median United States Tax Bill
$2,400
Property Tax Bills Across Manton, Wexford County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49663 | $694 | $1,022 | $1,792 | $2,697 | $3,450 |
Source: Ownwell