Boyne Falls, Emmet County, Michigan Property Taxes

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

Median Boyne Falls, MI effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Boyne Falls, MI home value: $272,800
Median annual Boyne Falls, MI tax bill: $2,259, $141 lower than the national median property tax bill of $2,400.

How are property taxes in Emmet calculated?

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

Last Updated March 1, 2025

Boyne Falls, Emmet County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.65%

Estimate Property Tax Bill

$2,622

$2,433

Ownwell’s Boyne Falls Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Boyne Falls with just two data points. By entering your property's estimated assessed value, our calculator applies Boyne Falls’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value, determined by Emmet 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 Emmet County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Boyne Falls, Emmet 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. Below, you can compare Boyne Falls’ effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. Boyne Falls, located in Emmet County, has a property tax rate of 0.83%, which is below the national median of 1.02%. This rate is consistent with both the highest and lowest median tax rates in the area, indicating a uniformity across the county. The national median property tax bill stands at $2400, giving you a benchmark to assess the potential savings in Boyne Falls. Understanding these figures can provide valuable insights into how property taxes in Boyne Falls compare to broader state and national trends.

Property Tax Rates Across Boyne Falls, Emmet County, Michigan

Source: Ownwell

0.65%

0.98%

1.30%

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 Boyne Falls Tax Rate

0.65%

Median Effective Emmet County Tax Rate

0.82%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Boyne Falls, Emmet County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49713	0.57%	0.60%	0.65%	0.87%	0.94%

Source: Ownwell

Property Tax Assessment Values Across Boyne Falls, Emmet County, Michigan

When examining property taxes in Boyne Falls, 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 Emmet 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 Emmet County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Boyne Falls. For example, the median home price in Boyne Falls is $272,800, with tax bills ranging significantly across the county. Zip code 49713 has the highest median home price at $272,800.

Property Tax Assessment Values Across Boyne Falls, Emmet County, Michigan

Source: Ownwell

$165,400

$321,300

$477,200

Median Boyne Falls Market Value

$403,400

Median Emmet County Market Value

$350,200

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Boyne Falls, Emmet County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49713	$209,000	$294,400	$403,400	$508,750	$654,020

Source: Ownwell

Property Tax Bills Across Boyne Falls, Emmet County, Michigan

In Boyne Falls, located in Emmet County, MI, property tax bills are determined by assessing the property's market value and applying the local tax rate to this valuation. The median home price in the area is $272,800. Homeowners typically receive a tax bill that can vary significantly based on their property's assessed value and the specific tax rate in their locality. For instance, the 25th percentile of tax bills is around $1,497, while the 75th percentile reaches approximately $3,515. At the 90th percentile, tax bills can soar to $4,568. With the national median property tax rate standing at 1.02% and a median tax bill of $2,400, Boyne Falls homeowners often experience a range of tax obligations.

Ownwell offers valuable assistance in navigating these complexities. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax burdens. This support can lead to significant savings, ensuring that residents in Boyne Falls pay only their fair share, rather than being over-assessed.

Property Tax Bills Across Boyne Falls, Emmet County, Michigan

Source: Ownwell

$1,254

$2,620

$3,986

Median Boyne Falls Tax Bill

$2,520

Median Emmet County Tax Bill

$2,939

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Boyne Falls, Emmet County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49713	$1,399	$1,823	$2,520	$3,988	$5,132

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	March 9

Links
Emmet Tax Assessor
Website	bsaonline.com