Quincy, Branch County, Michigan Property Taxes
Median Quincy, MI effective property tax rate: 0.36%, significantly lower than the national median of 1.02%, and also lower than the Michigan state median of 1.07%.
Median Quincy, MI home value: $158,248
Median annual Quincy, MI tax bill: $661, $1,739 lower than the national median property tax bill of $2,400.
How are property taxes in Branch County calculated?
Property taxes in Quincy, 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 Quincy's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Quincy, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Quincy, Branch County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.98%
Estimate Property Tax Bill
$1,748
$1,622
Property Tax Rates Across Quincy, Branch County, Michigan
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its budget requirements for 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 play a role in setting these rates and budgets, this is essentially the annual process.
In Quincy, located in Branch County, Michigan, the effective property tax rate is notably lower than the national median. With Michigan's median property tax rate also falling below the national median, residents in Quincy benefit from more manageable property tax bills compared to many other parts of the country. This lower rate can make homeownership more affordable and appealing, attracting potential buyers and investors to the area.
Comparing Quincy's effective property tax rate to other cities in Michigan and the median property tax rates in the state and the U.S. provides a clearer picture of the financial landscape for property owners. Understanding these differences can be crucial for homeowners looking to optimize their property tax savings and make informed decisions about their investments.
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 Quincy Tax Rate
0.98%
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 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 Quincy, Branch County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49082 | 0.64% | 0.78% | 0.98% | 1.30% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Quincy, Branch County, Michigan
When examining property taxes in Quincy, 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 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 Quincy.
For example, the median home price in Quincy is $158,248, with tax bills ranging significantly across the county. The 49082 zip code has the highest median home price at $158,248.
Property Tax Assessment Values Across Quincy, Branch County, Michigan
Source: Ownwell
$107,100
$148,776
$190,452
Median Quincy Market Value
$178,367
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 Quincy, Branch County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49082 | $87,481 | $129,002 | $178,367 | $260,258 | $394,567 |
Source: Ownwell
Property Tax Bills Across Quincy, Branch County, Michigan
Median Quincy Tax Bill
$1,774
Median Branch County Tax Bill
$1,714
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Quincy, Branch County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49082 | $795 | $1,170 | $1,774 | $2,840 | $4,422 |
Source: Ownwell