Iron Mountain, Dickinson County, Michigan Property Taxes

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Property Taxes in Iron Mountain, Michigan

Median IRON MOUNTAIN, MI effective property tax rate: 1.65%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median IRON MOUNTAIN, MI home value: $95,000
Median annual IRON MOUNTAIN, MI tax bill: $1,430, $970 lower than the national median property tax bill of $2,400.

How are property taxes in Dickinson calculated?

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

Last Updated March 1, 2025

Iron Mountain, Dickinson County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.44%

Estimate Property Tax Bill

$1,673

$1,553

Ownwell’s Iron Mountain Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Iron Mountain with just two data points. By entering your property's estimated assessed value, our calculator applies Iron Mountain’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 Dickinson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Iron Mountain, Dickinson County, Michigan

Local government entities play a crucial role in setting property tax rates, which can differ significantly across Michigan. Each county annually estimates the budget needed for public services and divides it by the total value of taxable property, resulting in the property tax rate. This process, although influenced by votes and laws, is fundamentally how rates are determined each year. In Iron Mountain, located in Dickinson County, the property tax rate is an important consideration for homeowners. Compared to other cities in Michigan, Iron Mountain's rate is notably higher than the national median property tax rate of 1.02%. The highest median property tax rate in Michigan is found in the 49801 zip code, slightly above Iron Mountain's rate. Meanwhile, the lowest is significantly lower, highlighting the variation within the state. For residents of Iron Mountain, understanding these rates is essential for financial planning and recognizing the value of property tax appeal and exemption services.

Property Tax Rates Across Iron Mountain, Dickinson County, Michigan

Source: Ownwell

0.59%

1.05%

1.52%

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 Iron Mountain Tax Rate

1.44%

Median Effective Dickinson County Tax Rate

1.25%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Iron Mountain, Dickinson County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49801	0.65%	0.77%	1.44%	1.62%	1.91%
49831	0.41%	0.62%	1.12%	1.43%	1.63%
49802	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Iron Mountain, Dickinson County, Michigan

When examining property taxes in Iron Mountain, 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 Dickinson 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 Dickinson 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 Iron Mountain. For example, the median home price in Iron Mountain is $95,000, with tax bills ranging significantly across the county. 49831 has the highest median home price at $150,200.

Property Tax Assessment Values Across Iron Mountain, Dickinson County, Michigan

Source: Ownwell

$51,400

$113,100

$174,800

Median Iron Mountain Market Value

$116,200

Median Dickinson County Market Value

$110,400

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Iron Mountain, Dickinson County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49801	$39,200	$72,800	$115,600	$209,950	$330,800
49831	$103,520	$139,550	$174,800	$265,500	$306,200
49802	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Iron Mountain, Dickinson County, Michigan

In Iron Mountain, located in Dickinson County, MI, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in this area is $95,000, and the tax rate is applied to this assessed value to calculate the annual tax bill. Homeowners in Iron Mountain can expect a tax bill that varies significantly, with the 25th percentile at $1,031 and the 90th percentile reaching $3,252. The highest median tax bill in the area is $1,430 in the 49801 zip code, while the lowest is $1,182 in the 49831 zip code. These figures show that property taxes in Iron Mountain can be a significant expense for homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By identifying potential savings and ensuring accurate assessments, Ownwell can help reduce the financial burden of property taxes for homeowners in Iron Mountain.

Property Tax Bills Across Iron Mountain, Dickinson County, Michigan

Source: Ownwell

$670

$1,148

$1,626

Median Iron Mountain Tax Bill

$1,543

Median Dickinson County Tax Bill

$1,306

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Iron Mountain, Dickinson County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49801	$748	$1,105	$1,542	$2,283	$3,477
49831	$1,007	$1,308	$1,626	$2,290	$3,578
49802	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	April 6

Links
Dickinson Tax Assessor
Website	bsaonline.com

Frequently Asked Property Tax Questions in Iron Mountain, Michigan

How are property taxes calculated in Iron Mountain, Michigan?

Property taxes in Iron Mountain, Michigan are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Iron Mountain, Michigan?

To appeal your property taxes in Iron Mountain, Michigan, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Iron Mountain, Michigan?

Common property tax exemptions in Iron Mountain, Michigan include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Iron Mountain, Michigan?

Property tax deadlines in Iron Mountain, Michigan vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Iron Mountain, Michigan?

Ownwell provides professional property tax appeal services in Iron Mountain, Michigan. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.