Buckley, Grand Traverse County, Michigan Property Taxes

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

Median Buckley, MI effective property tax rate: 0.37%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Buckley, MI home value: $206,649
Median annual Buckley, MI tax bill: $731, $1,669 lower than the national median property tax bill of $2,400.

How are property taxes in Grand Traverse calculated?

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

Last Updated March 1, 2025

Buckley, Grand Traverse County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$2,082

$1,932

Ownwell’s Buckley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Buckley with just two data points.

By entering your property's estimated assessed value, our calculator applies Buckley’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 Grand Traverse County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Buckley, Grand Traverse County, Michigan

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting 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. Buckley in Grand Traverse County, Michigan, showcases how property tax rates can differ significantly. The effective property tax rate in Buckley is notably lower than both the state and national medians. Michigan's median property tax rate is below the national median of 1.02%, and Buckley’s rate is even more competitive. This lower rate can be an attractive factor for potential homeowners looking to settle in areas with manageable tax burdens. Comparing Buckley’s effective property tax rate to other cities in Michigan and the U.S. highlights its appeal, offering residents a more affordable tax environment while still benefiting from local services.

Property Tax Rates Across Buckley, Grand Traverse County, Michigan

Source: Ownwell

0.70%

0.84%

0.98%

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 Buckley Tax Rate

0.79%

Median Effective Grand Traverse County Tax Rate

0.85%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Buckley, Grand Traverse County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49620	0.51%	0.65%	0.79%	1.08%	1.41%

Source: Ownwell

Property Tax Assessment Values Across Buckley, Grand Traverse County, Michigan

When examining property taxes in Buckley, 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 Grand Traverse 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 Grand Traverse 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 Buckley. For example, the median home price in Buckley is $206,649, with tax bills ranging significantly across the county. 49620 has the highest median home price at $206,649.

Property Tax Assessment Values Across Buckley, Grand Traverse County, Michigan

Source: Ownwell

$240,804

$337,478

$434,152

Median Buckley Market Value

$263,532

Median Grand Traverse County Market Value

$367,223

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Buckley, Grand Traverse County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49620	$79,618	$154,440	$263,532	$379,454	$517,115

Source: Ownwell

Property Tax Bills Across Buckley, Grand Traverse County, Michigan

In Buckley, located in Grand Traverse County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the home's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. In Buckley, the median property tax bill is $731, which is significantly lower than the national median of $2,400. Homeowners in the 25th percentile pay around $438, while those in the 75th percentile pay approximately $1,105.

Such variability in tax bills can be attributed to factors like property size, location, and local government budgets. Homeowners may find their property taxes burdensome, especially if their assessed value is inaccurately high. This is where Ownwell can assist. By providing expert property tax appeal services, Ownwell helps homeowners ensure their property is fairly assessed, potentially reducing their tax burden. With a deep understanding of local tax laws and valuation methods, Ownwell can save homeowners money by challenging and lowering their tax bills.

Property Tax Bills Across Buckley, Grand Traverse County, Michigan

Source: Ownwell

$1,846

$3,044

$4,241

Median Buckley Tax Bill

$2,045

Median Grand Traverse County Tax Bill

$3,281

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Buckley, Grand Traverse County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49620	$719	$1,281	$2,045	$3,116	$4,172

Source: Ownwell