Frederic, Crawford County, Michigan Property Taxes
Median FREDERIC, MI effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but lower than the MI state median of 1.07%.
Median FREDERIC, MI home value: $102,400
Median annual FREDERIC, MI tax bill: $860, $1,540 lower than the national median property tax bill of $2,400.
How are property taxes in Crawford calculated?
Property taxes in FREDERIC, 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 FREDERIC’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in FREDERIC, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Frederic, Crawford County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.27%
Estimate Property Tax Bill
$1,577
$1,464
Property Tax Rates Across Frederic, Crawford County, Michigan
Local government entities in Michigan set tax rates, and these can vary significantly across different regions. Each county, like Crawford, estimates its annual budget to deliver essential services and divides this by the total assessed value of all taxable property within its area. This process determines the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the yearly routine.
In Frederic, the effective property tax rate is a key figure to consider. When compared to other cities in Michigan, Frederic's rate aligns with the state's median, yet it remains below the national median property tax rate of 1.02%. This means homeowners in Frederic might pay less in property taxes compared to the average American homeowner. Understanding these rates can help property owners make informed decisions and potentially save money through appeals or exemptions.
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 Frederic Tax Rate
1.27%
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 Crawford County Tax Rate
1.14%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Frederic, Crawford County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49733 | 0.81% | 0.97% | 1.27% | 1.70% | 2.11% |
Source: Ownwell
Property Tax Assessment Values Across Frederic, Crawford County, Michigan
When examining property taxes in Frederic, 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 Crawford 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 Crawford 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 Frederic.
For example, the median home price in Frederic is $102,400, with tax bills ranging significantly across the county. The zip code 49733 has the highest median home price at $102,400.
Property Tax Assessment Values Across Frederic, Crawford County, Michigan
Source: Ownwell
$124,200
$160,900
$197,600
Median Frederic Market Value
$124,200
Median Crawford County Market Value
$148,200
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Frederic, Crawford County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49733 | $31,040 | $63,000 | $124,200 | $214,200 | $308,240 |
Source: Ownwell
Property Tax Bills Across Frederic, Crawford County, Michigan
Median Frederic Tax Bill
$1,547
Median Crawford County Tax Bill
$1,579
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Frederic, Crawford County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
49733 | $569 | $909 | $1,547 | $2,505 | $3,680 |
Source: Ownwell