Fife Lake, Kalkaska County, Michigan Property Taxes

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

Median Fife Lake, MI effective property tax rate: 0.97%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Fife Lake, MI home value: $128,000
Median annual Fife Lake, MI tax bill: $1,191, $1,209 lower than the national median property tax bill of $2,400.

How are property taxes in Kalkaska calculated?

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

Last Updated March 1, 2025

Fife Lake, Kalkaska County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$1,459

$1,354

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

Property Tax Rates Across Fife Lake, Kalkaska County, Michigan

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide 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.

In Fife Lake, located in Kalkaska County, the effective property tax rate is 0.97%. This rate is consistent across the county and aligns closely with Michigan's median property tax rate. Compared to the national median property tax rate of 1.02%, Fife Lake's rate is slightly lower, which can be an attractive point for property owners. However, it's important to consider that property tax rates are just one factor in determining overall property tax bills, as they also depend on the assessed value of the property. Understanding these nuances can help property owners make informed decisions about their investments and potential savings through property tax appeals and exemptions.

Property Tax Rates Across Fife Lake, Kalkaska County, Michigan

Source: Ownwell

0.72%

0.84%

0.97%

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 Fife Lake Tax Rate

0.86%

Median Effective Kalkaska County Tax Rate

0.84%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fife Lake, Kalkaska County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49633	0.51%	0.62%	0.86%	1.14%	1.54%

Source: Ownwell

Property Tax Assessment Values Across Fife Lake, Kalkaska County, Michigan

When examining property taxes in Fife Lake, 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 Kalkaska 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: Kalkaska County sends assessment notices in the spring each year, typically reaching your mailbox by the middle of the season. 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 Fife Lake. For example, the median home price in Fife Lake is $128,000, with tax bills ranging significantly across the county. Zip code 49633 has the highest median home price at $128,000.

Property Tax Assessment Values Across Fife Lake, Kalkaska County, Michigan

Source: Ownwell

$169,600

$254,900

$340,200

Median Fife Lake Market Value

$169,600

Median Kalkaska County Market Value

$179,000

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fife Lake, Kalkaska County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49633	$62,360	$102,400	$169,600	$268,150	$381,060

Source: Ownwell

Property Tax Bills Across Fife Lake, Kalkaska County, Michigan

In Fife Lake, Kalkaska 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. The median home price in Fife Lake is $128,000, and the median tax bill is $1,191. This is significantly lower than the national median property tax bill of $2,400, reflecting the region's relatively moderate property tax rates compared to the national median rate of 1.02%. Homeowners in Fife Lake can see tax bills ranging from $707 at the 25th percentile to $3,030 at the 90th percentile, indicating variability based on property value and local tax rates. Ownwell assists homeowners by providing property tax appeal services, potentially lowering their tax obligations. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure homeowners are not overpaying, ultimately leading to significant savings on their annual property tax bills.

Property Tax Bills Across Fife Lake, Kalkaska County, Michigan

Source: Ownwell

$1,185

$2,024

$2,863

Median Fife Lake Tax Bill

$1,396

Median Kalkaska County Tax Bill

$1,414

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Fife Lake, Kalkaska County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49633	$534	$826	$1,396	$2,316	$3,669

Source: Ownwell