Litchfield, Branch County, Michigan Property Taxes

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

Median Litchfield, MI effective property tax rate: 0.29%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Litchfield, MI home value: $192,712
Median annual Litchfield, MI tax bill: $530, $1,870 lower than the national median property tax bill of $2,400.

How are property taxes in Branch calculated?

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

Last Updated March 1, 2025

Litchfield, Branch County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.78%

Estimate Property Tax Bill

$1,486

$1,379

Ownwell’s Litchfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Litchfield with just two data points. By entering your property's estimated assessed value, our calculator applies Litchfield’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 Branch County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Litchfield, Branch County, Michigan

Local government entities determine tax rates, leading to significant variation within a state. Each county annually calculates its budget needs for services and divides this by the total value of all taxable property in its area, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core process each year. Litchfield, situated in Branch County, Michigan, has a median property tax rate of 0.29%. This rate is significantly lower than both the Michigan state median and the national median of 1.02%. With a national median property tax bill of $2,400, Litchfield residents benefit from a more favorable tax environment. Comparing Litchfield’s effective property tax rate to other cities in Michigan and the broader U.S. highlights its advantageous position. The lower tax rate in Litchfield can contribute to a more affordable cost of living, making it an attractive location for property owners.

Property Tax Rates Across Litchfield, Branch County, Michigan

Source: Ownwell

0.73%

0.92%

1.11%

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 Litchfield Tax Rate

0.78%

Median Effective Branch County Tax Rate

1.05%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Litchfield, Branch County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49252	0.39%	0.61%	0.78%	1.09%	1.30%

Source: Ownwell

Property Tax Assessment Values Across Litchfield, Branch County, Michigan

When examining property taxes in Litchfield, 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 Branch 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 Branch 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 Litchfield. For example, the median home price in Litchfield is $192,712, with tax bills ranging significantly across the county. Zip code 49252 has the highest median home price at $192,712.

Property Tax Assessment Values Across Litchfield, Branch County, Michigan

Source: Ownwell

$107,100

$148,776

$190,452

Median Litchfield Market Value

$190,452

Median Branch County Market Value

$160,001

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Litchfield, Branch County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49252	$116,054	$145,186	$190,452	$278,290	$348,476

Source: Ownwell

Property Tax Bills Across Litchfield, Branch County, Michigan

In Litchfield, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value, and the tax rate is applied to this assessed value to calculate the tax bill. Homeowners in Litchfield see a median tax bill of $530, which is significantly lower than the national median of $2,400. This can be attributed to the relatively modest median home price of $192,712 in the area. However, tax bills can range from $331 at the 25th percentile to $1,084 at the 90th percentile, depending on various factors such as property size and location. For homeowners looking to reduce their property tax burden, Ownwell offers expert property tax appeal services. By analyzing property assessments and market trends, Ownwell can identify potential discrepancies and help homeowners file successful appeals, potentially lowering their tax bills and saving money.

Property Tax Bills Across Litchfield, Branch County, Michigan

Source: Ownwell

$817

$1,367

$1,916

Median Litchfield Tax Bill

$1,563

Median Branch County Tax Bill

$1,714

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Litchfield, Branch County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49252	$374	$801	$1,563	$2,717	$3,544

Source: Ownwell