Coleman, Gladwin County, Michigan Property Taxes

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

Median Coleman, MI effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Coleman, MI home value: $111,600
Median annual Coleman, MI tax bill: $643, $1,757 lower than the national median property tax bill of $2,400.

How are property taxes in Gladwin calculated?

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

Last Updated March 1, 2025

Coleman, Gladwin County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.49%

Estimate Property Tax Bill

$648

$602

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

Property Tax Rates Across Coleman, Gladwin County, Michigan

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget annually to provide services and dividing 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, this is the annual process in a nutshell.

In Coleman, located in Gladwin County, Michigan, the effective property tax rate stands at 0.54%. This rate is consistent with the highest and lowest median tax rates in the area, both recorded at 0.54% in the same zip code. When compared to the national median property tax rate of 1.02%, Coleman's rate is significantly lower. Similarly, the national median property tax bill of $2,400 further highlights the affordability of property taxes in this region. Such favorable rates make Coleman an attractive location for property owners seeking lower tax burdens.

Property Tax Rates Across Coleman, Gladwin County, Michigan

Source: Ownwell

0.36%

0.48%

0.59%

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 Coleman Tax Rate

0.49%

Median Effective Gladwin County Tax Rate

0.52%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Coleman, Gladwin County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48618	0.34%	0.41%	0.49%	0.75%	1.17%

Source: Ownwell

Property Tax Assessment Values Across Coleman, Gladwin County, Michigan

When examining property taxes in Coleman, 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 Gladwin 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 Gladwin 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 Coleman. For example, the median home price in Coleman is $111,600, with tax bills ranging significantly across the county. 48618 has the highest median home price at $111,600.

Property Tax Assessment Values Across Coleman, Gladwin County, Michigan

Source: Ownwell

$115,000

$151,600

$188,200

Median Coleman Market Value

$132,300

Median Gladwin County Market Value

$127,600

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Coleman, Gladwin County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48618	$51,900	$95,200	$132,300	$220,300	$287,500

Source: Ownwell

Property Tax Bills Across Coleman, Gladwin County, Michigan

In Coleman, located in Gladwin County, MI, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $111,600, homeowners in Coleman can expect tax bills to vary significantly. For example, tax bills can range from the 25th percentile at $459 to the 90th percentile at $1,436. The median tax bill in this area is $643, which is considerably lower than the national median property tax bill of $2,400. This variation in tax bills can be attributed to factors such as property size, location, and any applicable exemptions. Homeowners benefit from ensuring their property is accurately assessed to avoid overpaying. Ownwell assists homeowners by providing expert property tax appeal and exemption services, helping to identify potential savings and ensuring that tax bills are fair and accurate, ultimately reducing the financial burden on homeowners.

Property Tax Bills Across Coleman, Gladwin County, Michigan

Source: Ownwell

$464

$761

$1,058

Median Coleman Tax Bill

$672

Median Gladwin County Tax Bill

$747

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Coleman, Gladwin County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48618	$387	$489	$672	$1,128	$1,546

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Gladwin Tax Assessor
Website	bsaonline.com