Hillman, Alpena County, Michigan Property Taxes

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

Median Hillman, MI effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Hillman, MI home value: $111,800
Median annual Hillman, MI tax bill: $671, $1,729 lower than the national median property tax bill of $2,400.

How are property taxes in Alpena calculated?

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

Last Updated March 1, 2025

Hillman, Alpena County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$1,248

$1,158

Ownwell’s Hillman Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hillman with just two data points.

By entering your property's estimated assessed value, our calculator applies Hillman’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 Alpena County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hillman, Alpena County, Michigan

Local government entities set tax rates, which can vary widely within a state. The annual process involves each county estimating its required budget to provide services and dividing 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 how the process unfolds each year. In Hillman, located in Alpena County, Michigan, the effective property tax rate is notably lower than the national median property tax rate of 1.02%. This can result in a more affordable property tax bill compared to the national median bill of $2,400. Comparing Hillman’s rate to other cities in Michigan, it stands out as a location with a favorable tax environment. Understanding these rates is crucial for property owners aiming to manage their expenses effectively. By being informed about the local tax rates, property owners can make strategic decisions about property investments and appeals, ensuring they are not overpaying on their property taxes.

Property Tax Rates Across Hillman, Alpena County, Michigan

Source: Ownwell

0.79%

0.93%

1.07%

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 Hillman Tax Rate

0.93%

Median Effective Alpena County Tax Rate

1.01%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hillman, Alpena County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49746	0.56%	0.62%	0.93%	1.29%	1.57%

Source: Ownwell

Property Tax Assessment Values Across Hillman, Alpena County, Michigan

When examining property taxes in Hillman, 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 Alpena County Equalization Department 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 Alpena 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 Hillman. For example, the median home price in Hillman is $111,800, with tax bills ranging significantly across the county. 49746 has the highest median home price at $111,800.

Property Tax Assessment Values Across Hillman, Alpena County, Michigan

Source: Ownwell

$124,500

$144,000

$163,500

Median Hillman Market Value

$134,200

Median Alpena County Market Value

$141,400

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hillman, Alpena County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49746	$35,000	$72,300	$134,200	$222,400	$305,200

Source: Ownwell

Property Tax Bills Across Hillman, Alpena County, Michigan

In Hillman, located in Alpena County, MI, property tax bills are determined by the assessed value of a property, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Factors such as property location, size, and improvements can influence the assessed value, impacting the total tax obligation. Homeowners in Hillman face a median property tax bill of $671, which is significantly lower than the national median of $2,400. However, even with a lower tax bill, it is essential for homeowners to ensure they are not overpaying.

Ownwell assists homeowners in reducing their property tax bills by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially lower their assessed value, leading to a reduced tax bill. This service can be particularly beneficial in ensuring that homeowners are not paying more than their fair share, providing peace of mind and potential savings.

Property Tax Bills Across Hillman, Alpena County, Michigan

Source: Ownwell

$1,067

$1,300

$1,532

Median Hillman Tax Bill

$1,171

Median Alpena County Tax Bill

$1,482

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Hillman, Alpena County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49746	$407	$664	$1,171	$1,839	$2,826

Source: Ownwell