Osseo, Hillsdale County, Michigan Property Taxes
Property Taxes in Osseo, Michigan
Median Osseo, Michigan effective property tax rate: 0.38%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Osseo, Michigan home value: $149,908
Median annual Osseo, Michigan tax bill: $558, lower than the national median property tax bill of $2,400.
How are property taxes in Hillsdale calculated?
Property taxes in Osseo, Michigan 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 Osseo's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Osseo, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Osseo, Hillsdale County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.38%
Estimate Property Tax Bill
$570
$529
How Does the Osseo Property Tax Calculator Work?
Use this Osseo property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Osseo's median effective tax rate of 0.38% — based on actual property records in Hillsdale County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Osseo's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Osseo: rates range from 0.38% in 49266 to 0.38% in 49266, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Osseo.
About Osseo Property Taxes
About Property Taxes in Osseo, Hillsdale, Michigan
Osseo's median effective property tax rate of 0.38% is lower than the Michigan state median of 1.05% and lower than the national median of 1.02%. This rate reflects the Hillsdale County base levy combined with local school district levies and Tax increment finance districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Osseo. Homeowners in the 49266 ZIP code carry a median effective rate of 0.38%, while those in the same ZIP code pay 0.38%. This spread reflects how school district boundaries and local assessment districts are drawn across Hillsdale County. Understanding which part of Osseo you live in can make a meaningful difference to your annual tax bill.
Osseo homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the March 9, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Osseo, Hillsdale County, Michigan
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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.
Below, you can compare Osseo's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Osseo Tax Rate
0.38%
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 Hillsdale County Tax Rate
0.39%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Osseo, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49266 | 0.27% | 0.33% | 0.38% | 0.44% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Osseo, Hillsdale County, Michigan
When examining property taxes in Osseo, Michigan, 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 Hillsdale County assessing office 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 are sent in March each year and typically reach your mailbox by the middle of the month.
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. The median home price in Osseo is $149,908, and the median tax bill is $558, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Osseo, Hillsdale County, Michigan
Source: Ownwell
$84,707
$183,330
$281,952
Median Osseo Market Value
$149,908
Median Hillsdale County Market Value
$159,094
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Osseo, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49266 | $43,841 | $85,036 | $149,908 | $241,706 | $350,315 |
Source: Ownwell
Property Tax Bills Across Osseo, Hillsdale County, Michigan
Property tax bills in Osseo are based on the assessed value of a home and the local tax rate set for Hillsdale County. When a property’s market value changes, the assessed value can change too, which affects the final tax bill. For a home with a median price of $149,908, homeowners may see different bills depending on the specific assessment and any local levies that apply.
The typical property tax bill in Osseo is $558.00, which is well below the national median property tax bill of $2,400 and far under the national median property tax rate of 1.02%. Bills in the area can still vary, with the 25th percentile at $292 and the 75th percentile at $879, while the 90th percentile reaches $1,269.
For homeowners, this means property taxes can be a meaningful part of housing costs, and even small changes in assessed value can affect what is owed each year.
Median Osseo Tax Bill
$558
Median Hillsdale County Tax Bill
$734
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Osseo, Hillsdale County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49266 | $158 | $292 | $558 | $879 | $1,269 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Hillsdale Tax Assessor | |
| Website | app.fetchgis.com |