Sherwood, Branch County, Michigan Property Taxes
Property Taxes in Sherwood, Michigan
Median Sherwood, Michigan effective property tax rate: 1.06%, slightly higher than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Sherwood, Michigan home value: $107,100
Median annual Sherwood, Michigan tax bill: $1,135, lower than the national median property tax bill of $2,400.
How are property taxes in Branch calculated?
Property taxes in Sherwood, Michigan 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 Sherwood's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sherwood, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Sherwood, Branch County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.06%
Estimate Property Tax Bill
$1,135
$1,053
How Does the Sherwood Property Tax Calculator Work?
Use this Sherwood property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value, and our calculator applies Sherwood’s median effective tax rate of 1.06% to generate your estimate. That rate is based on actual property records in Branch County and reflects how local property taxes are calculated on assessed value, not market value.
Enter your property’s estimated assessed value — the figure used to calculate your bill and the amount that may reflect exemptions you hold. Our calculator applies Sherwood’s median effective rate across local levies, giving you a more accurate estimate than using a single county rate.
Sherwood’s median property tax bill is $1,135, which is lower than Michigan’s median bill by $1,265 and slightly higher than the national median property tax rate of 1.02%.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Sherwood.
About Sherwood Property Taxes
About Property Taxes in Sherwood, Branch, Michigan
Sherwood’s median effective property tax rate of 1.06% is higher than the Michigan state median of 1.05% and higher than the national median of 1.02%. This rate reflects the Branch County base levy combined with local school district levies and Tax increment finance districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Sherwood. Homeowners in the 49089 ZIP code carry a median effective rate of 1.06%, and the same ZIP also posts the city’s median tax bill of $1,135. This reflects how school district boundaries and local assessment districts are drawn across Branch County. Understanding which part of Sherwood you live in can make a meaningful difference to your annual tax bill.
Sherwood homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the March 9, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Sherwood, Branch County, Michigan
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Sherwood's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Sherwood Tax Rate
1.06%
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 Sherwood, Branch County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49089 | 0.62% | 0.82% | 1.06% | 1.44% | 1.92% |
Source: Ownwell
Property Tax Assessment Values Across Sherwood, Branch County, Michigan
When examining property taxes in Sherwood, 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 Branch County assessor 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 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 Sherwood.
For example, the median home price in Sherwood is $107,100, with tax bills ranging significantly across the county. 49089 has the highest median home price at $107,100.
Property Tax Assessment Values Across Sherwood, Branch County, Michigan
Source: Ownwell
$107,100
$148,776
$190,452
Median Sherwood Market Value
$107,100
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 Sherwood, Branch County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49089 | $34,000 | $61,100 | $107,100 | $174,800 | $266,840 |
Source: Ownwell
Property Tax Bills Across Sherwood, Branch County, Michigan
Property tax bills in Sherwood are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Local taxing authorities use that assessment to determine how much a homeowner owes each year. For a home with a median home price of $107,100, the bill can vary widely depending on the exact assessment and the tax rate applied.
What factors are considered? The home’s value, the local millage rates, and any exemptions or adjustments that may apply. In Branch County, property tax bills can differ significantly from one homeowner to another, with the 25th percentile tax bill at $646, the 75th percentile at $1,868, and the 90th percentile at $2,927. The median tax bill is $1,135, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
For homeowners, this means a higher assessment can lead to a larger bill, even if the home has not changed physically.
Median Sherwood Tax Bill
$1,135
Median Branch County Tax Bill
$1,714
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Sherwood, Branch County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49089 | $372 | $646 | $1,135 | $1,868 | $2,927 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Branch Tax Assessor | |
| Website | bsaonline.com |