Potterville, Eaton County, Michigan Property Taxes

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

Median Potterville, MI effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Potterville, MI home value: $149,200
Median annual Potterville, MI tax bill: $1,597, $803 lower than the national median property tax bill of $2,400.

How are property taxes in Eaton calculated?

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

Last Updated March 1, 2025

Potterville, Eaton County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.46%

Estimate Property Tax Bill

$2,672

$2,479

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

Property Tax Rates Across Potterville, Eaton County, Michigan

Local government entities set tax rates, which can vary widely within a state. 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.

In Potterville, located in Eaton County, Michigan, property tax rates are a reflection of this process. The effective property tax rate here aligns with the county’s median, which is higher than the national median. This could mean higher property tax bills compared to other regions in the U.S. However, it's essential to consider that these taxes fund crucial local services, contributing to the community's overall well-being and infrastructure.

Comparing Potterville’s effective property tax rate to other cities in Michigan gives a clearer picture of where it stands within the state. Understanding these differences can be crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Potterville, Eaton County, Michigan

Source: Ownwell

0.97%

1.49%

2.02%

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 Potterville Tax Rate

1.46%

Median Effective Eaton County Tax Rate

1.45%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Potterville, Eaton County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48876	1.04%	1.22%	1.46%	1.73%	2.06%

Source: Ownwell

Property Tax Assessment Values Across Potterville, Eaton County, Michigan

When examining property taxes in Potterville, 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 Eaton 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 Eaton 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 Potterville. For example, the median home price in Potterville is $149,200, with tax bills ranging significantly across the county. 48876 has the highest median home price at $149,200.

Property Tax Assessment Values Across Potterville, Eaton County, Michigan

Source: Ownwell

$153,200

$259,900

$366,600

Median Potterville Market Value

$183,000

Median Eaton County Market Value

$215,000

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Potterville, Eaton County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48876	$2,200	$72,400	$183,000	$257,000	$319,120

Source: Ownwell

Property Tax Bills Across Potterville, Eaton County, Michigan

In Potterville, located in Eaton County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor’s office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Potterville, the median property tax bill is $1,597, which is significantly lower than the national median of $2,400. Homeowners in Potterville may see tax bills ranging from $523 at the 25th percentile to $3,652 at the 90th percentile, reflecting variations in home values and tax rates. These taxes fund essential services such as schools, infrastructure, and public safety, directly impacting the community's quality of life. However, high property taxes can be a burden for homeowners. Ownwell can assist homeowners in Potterville by providing property tax appeal and exemption services. By reviewing assessed values and ensuring they are fair, Ownwell helps homeowners potentially reduce their tax bills, offering financial relief and peace of mind.

Property Tax Bills Across Potterville, Eaton County, Michigan

Source: Ownwell

$1,870

$3,518

$5,166

Median Potterville Tax Bill

$2,588

Median Eaton County Tax Bill

$3,140

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Potterville, Eaton County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48876	$39	$1,238	$2,588	$3,843	$4,902

Source: Ownwell