Christmas, Alger County, Michigan Property Taxes

Name: Property Tax Bills Across Christmas, Alger County, Michigan
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Christmas, MI effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Christmas, MI home value: $136,600
Median annual Christmas, MI tax bill: $858, $1,542 lower than the national median property tax bill of $2,400.

How are property taxes in Alger calculated?

Property taxes in Christmas, 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 Christmas’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Christmas, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Christmas, Alger County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.49%

Estimate Property Tax Bill

$951

$882

Ownwell’s Christmas Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Christmas with just two data points. By entering your property's estimated assessed value, our calculator applies Christmas’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Alger County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Christmas, Alger County, Michigan

Local government entities play a crucial role in determining property tax rates, which can vary significantly across different regions. Each county estimates its budgetary needs annually to provide essential services and then divides this by the total assessed value of all taxable property within its borders. This calculation results in the property tax rate, which is subject to votes and legislative processes.

In Christmas, located in Alger County, Michigan, the effective property tax rate is 0.71%. This rate is in line with the highest and lowest median tax rates within the state, both recorded at 0.71% in the same ZIP code, 49862. Compared to the national median property tax rate of 1.02%, Christmas offers a more favorable tax environment. While the national median property tax bill stands at $2,400, residents of Christmas benefit from a lower tax rate, making it an attractive option for property owners seeking to minimize their tax liabilities.

Understanding these rates is crucial for property owners as they navigate the complexities of property taxes and seek opportunities for potential savings through appeals and exemptions.

Property Tax Rates Across Christmas, Alger County, Michigan

Source: Ownwell

0.91%

1.28%

1.64%

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 Christmas Tax Rate

1.49%

Median Effective Alger County Tax Rate

1.20%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Christmas, Alger County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49862	0.89%	1.18%	1.49%	1.65%	2.09%

Source: Ownwell

Property Tax Assessment Values Across Christmas, Alger County, Michigan

When examining property taxes in Christmas, 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 Alger 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 Alger 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 Christmas. For example, the median home price in Christmas is $136,600, with tax bills ranging significantly across the county. 49862 has the highest median home price at $136,600.

Property Tax Assessment Values Across Christmas, Alger County, Michigan

Source: Ownwell

$63,800

$117,100

$170,400

Median Christmas Market Value

$63,800

Median Alger County Market Value

$123,000

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Christmas, Alger County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49862	$11,240	$35,400	$63,800	$134,400	$140,000

Source: Ownwell

Property Tax Bills Across Christmas, Alger County, Michigan

In Christmas, located in Alger County, MI, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The local tax rate is applied to this assessed value to determine the annual property tax bill. For homeowners in Christmas, the median home price is $136,600, and property tax bills can range significantly. The 25th percentile tax bill is $499, while the 75th percentile reaches $1,584, and the 90th percentile climbs to $2,460. Comparatively, the national median property tax bill stands at $2,400, highlighting the variance in local property tax burdens. These taxes fund essential community services, but they can be a financial strain for homeowners. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners in Christmas potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in lowering the assessed value, thus decreasing the overall tax obligation, and providing significant savings for homeowners.

Property Tax Bills Across Christmas, Alger County, Michigan

Source: Ownwell

$769

$1,587

$2,404

Median Christmas Tax Bill

$769

Median Alger County Tax Bill

$1,497

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Christmas, Alger County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49862	$147	$400	$769	$1,249	$2,619

Source: Ownwell