Ossineke, Alpena County, Michigan Property Taxes

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

Median Ossineke, MI effective property tax rate: 0.42%, significantly lower than the national median of 1.02%, and also lower than the Michigan state median of 1.07%.
Median Ossineke, MI home value: $123,200
Median annual Ossineke, MI tax bill: $518, $1,882 lower than the national median property tax bill of $2,400.

How are property taxes in Alpena County calculated?

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

Last Updated March 1, 2025

Ossineke, Alpena County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$1,406

$1,305

Ownwell’s Ossineke Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ossineke with just two data points. By entering your property's estimated assessed value, our calculator applies Ossineke’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 Ossineke, Alpena County, Michigan

Local government entities are responsible for setting tax rates, which can vary significantly within a state. The process involves each county estimating its required budget to provide essential services and dividing 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 tax rates and budgets, this is the essence of the annual process.

In Ossineke, located in Alpena County, Michigan, the effective property tax rate reflects the unique needs and valuations of the area. When comparing Ossineke’s effective property tax rate to other cities in Michigan, it is essential to consider both the local economic conditions and the services funded by these taxes. The median property tax rate in Michigan often contrasts with the national median, offering insight into regional differences. Understanding these variations can help property owners make informed decisions about their investments and financial planning. By analyzing Ossineke's property tax rate alongside state and national medians, property owners can gain a clearer picture of their tax obligations and potential savings opportunities.

Property Tax Rates Across Ossineke, 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 Ossineke Tax Rate

0.86%

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 Ossineke, Alpena County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49766	0.64%	0.71%	0.86%	1.19%	1.51%

Source: Ownwell

Property Tax Assessment Values Across Ossineke, Alpena County, Michigan

When examining property taxes in Ossineke, 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 Alpena 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 Alpena County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Ossineke. For example, the median home price in Ossineke is $123,200, with tax bills ranging significantly across the county. Zip code 49766 has the highest median home price at $123,200.

Property Tax Assessment Values Across Ossineke, Alpena County, Michigan

Source: Ownwell

$124,500

$144,000

$163,500

Median Ossineke Market Value

$163,500

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 Ossineke, Alpena County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49766	$67,580	$108,050	$163,500	$247,350	$376,460

Source: Ownwell

Property Tax Bills Across Ossineke, Alpena County, Michigan

In Ossineke, property tax bills are calculated by applying the local tax rate to the assessed value of a property. Factors such as the property's market value and any applicable exemptions influence the assessed value. With a median home price of $123,200, homeowners in Ossineke often see tax bills that vary significantly. For instance, at the 25th percentile, tax bills are around $342, while at the 75th percentile, they rise to about $802. At the 90th percentile, they can reach up to $1,299. Compared to the national median property tax bill of $2,400, Ossineke's tax bills are relatively lower, making it an attractive area for homeowners seeking affordability. However, even with lower rates, it's crucial for homeowners to ensure they are not overpaying. This is where Ownwell can assist. By providing property tax appeal and exemption services, Ownwell helps homeowners verify their assessments and potentially lower their tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Ossineke, Alpena County, Michigan

Source: Ownwell

$1,067

$1,300

$1,532

Median Ossineke Tax Bill

$1,428

Median Alpena County Tax Bill

$1,482

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Ossineke, Alpena County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49766	$639	$959	$1,428	$2,262	$3,989

Source: Ownwell