Tekonsha, Branch County, Michigan Property Taxes

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

Median Tekonsha, MI effective property tax rate: 0.38%, significantly lower than the national median of 1.02%, and also lower than the Michigan state median of 1.07%.
Median Tekonsha, MI home value: $138,600
Median annual Tekonsha, MI tax bill: $494, $1,906 lower than the national median property tax bill of $2,400.

How are property taxes in Branch County calculated?

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

Last Updated March 1, 2025

Tekonsha, Branch County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.87%

Estimate Property Tax Bill

$1,510

$1,402

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

Local government entities set tax rates, which can vary widely within a state. 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. Tekonsha in Branch County, Michigan, is a prime example of how property tax rates can differ significantly from the national average. The effective property tax rate in Tekonsha is notably lower than the national median of 1.02%, reflecting Michigan's generally lower property tax rates. This can be a significant factor for homeowners and prospective buyers when considering the overall cost of property ownership. Comparing Tekonsha's effective property tax rate to other cities in Michigan and the U.S. highlights the potential savings for property owners in this region. Understanding these differences can empower homeowners to make informed decisions about property investments and tax appeals.

Property Tax Rates Across Tekonsha, 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 Tekonsha Tax Rate

0.87%

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 Tekonsha, Branch County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49092	0.56%	0.74%	0.87%	1.14%	1.49%

Source: Ownwell

Property Tax Assessment Values Across Tekonsha, Branch County, Michigan

When examining property taxes in Tekonsha, 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 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 Tekonsha.

For example, the median home price in Tekonsha is $138,600, with tax bills ranging significantly across the county. Zip code 49092 has the highest median home price at $138,600.

Property Tax Assessment Values Across Tekonsha, Branch County, Michigan

Source: Ownwell

$107,100

$148,776

$190,452

Median Tekonsha Market Value

$173,600

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 Tekonsha, Branch County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49092	$53,400	$92,750	$173,600	$302,686	$437,382

Source: Ownwell

Property Tax Bills Across Tekonsha, Branch County, Michigan

In Tekonsha, located in Branch County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is typically a percentage of the market value of the property. Homeowners in Tekonsha face a median property tax bill of $494, which is significantly lower than the national median property tax bill of $2400. Tax bills in Tekonsha can range widely, with the 25th percentile at $284 and the 75th percentile at $750, indicating variability in tax burdens across different properties. Factors influencing these variations include the property's location, size, and any applicable exemptions. Such disparities can impact homeowners' financial planning and overall affordability of their homes. Ownwell offers valuable assistance by identifying potential property tax appeals and exemptions, helping homeowners reduce their tax liabilities. By leveraging expert knowledge and local insights, Ownwell ensures homeowners in Tekonsha can achieve substantial savings and enjoy a more manageable property tax burden.

Property Tax Bills Across Tekonsha, Branch County, Michigan

Source: Ownwell

$817

$1,367

$1,916

Median Tekonsha Tax Bill

$1,627

Median Branch County Tax Bill

$1,714

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Tekonsha, Branch County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49092	$531	$896	$1,627	$2,406	$4,016

Source: Ownwell