Beaver Island, Charlevoix County, Michigan Property Taxes
Property Taxes in Beaver Island, Michigan
Median Beaver Island, Michigan effective property tax rate: 1.38%, significantly higher than the national median of 1.02%, and higher than the Michigan state median of 1.05%.
Median Beaver Island, Michigan home value: $245,300
Median annual Beaver Island, Michigan tax bill: $3,173, higher than the national median property tax bill of $2,400.
How are property taxes in Charlevoix calculated?
Property taxes in Beaver Island, 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 Beaver Island's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Beaver Island, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Beaver Island, Charlevoix County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.38%
Estimate Property Tax Bill
$3,385
$3,141
How Does the Beaver Island Property Tax Calculator Work?
Use this Beaver Island property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Beaver Island's median effective tax rate of 1.38% — based on actual property records in Charlevoix County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Beaver Island's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Beaver Island: rates range from 1.38% in 49782 to 1.38% in 49782, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Beaver Island.
About Beaver Island Property Taxes
About Property Taxes in Beaver Island, Charlevoix, Michigan
Beaver Island's median effective property tax rate of 1.38% is higher than the Michigan state median of 1.05% and higher than the national median of 1.02%. This rate reflects the Charlevoix 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 Beaver Island. Homeowners in the 49782 ZIP code carry a median effective rate of 1.38%, while those in 49782 pay 1.38%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Charlevoix County. Understanding which part of Beaver Island you live in can make a meaningful difference to your annual tax bill.
Beaver Island 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 Beaver Island, Charlevoix 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 Beaver Island'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 Beaver Island Tax Rate
1.38%
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 Charlevoix County Tax Rate
0.90%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Beaver Island, Charlevoix County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49782 | 0.85% | 1.06% | 1.38% | 1.67% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Beaver Island, Charlevoix County, Michigan
When examining property taxes in Beaver Island, 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 Charlevoix 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.
Assessment notices:
In Charlevoix County, assessment notices are sent in February each year. They'll typically reach your mailbox by the middle of February.
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. For Beaver Island, the median home price is $245,300, and the median tax bill is $3,173, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400.
Property Tax Assessment Values Across Beaver Island, Charlevoix County, Michigan
Source: Ownwell
$200,000
$389,200
$578,400
Median Beaver Island Market Value
$245,300
Median Charlevoix County Market Value
$299,800
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Beaver Island, Charlevoix County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49782 | $65,000 | $131,050 | $245,300 | $408,100 | $570,560 |
Source: Ownwell
Property Tax Bills Across Beaver Island, Charlevoix County, Michigan
Property tax bills in Beaver Island are based on the assessed value of a home and the local tax rate set for Charlevoix County. When a property’s assessed value rises, the tax bill can increase as well, even if the homeowner has not sold the home. For a home with a median value of $245,300, the tax bill is shaped by how local authorities assess that value and apply the rate.
Homeowners in Beaver Island typically see bills that vary widely depending on property characteristics and location. The 25th percentile tax bill is $1,753, while the 75th percentile reaches $5,495 and the 90th percentile climbs to $7,863. The median tax bill in ZIP code 49782 is $3,173, which is above the national median property tax bill of $2,400 and reflects the impact of local assessment practices. These bills directly affect monthly housing costs and can make ownership more expensive for residents with higher assessed values.
Property Tax Bills Across Beaver Island, Charlevoix County, Michigan
Source: Ownwell
$1,280
$3,330
$5,379
Median Beaver Island Tax Bill
$3,173
Median Charlevoix County Tax Bill
$2,666
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Beaver Island, Charlevoix County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49782 | $800 | $1,753 | $3,173 | $5,495 | $7,863 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Charlevoix Tax Assessor | |
| Website | bsaonline.com |