Davison, Lapeer County, Michigan Property Taxes

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

Median Davison, MI effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, and also lower than the Michigan state median of 1.07%.
Median Davison, MI home value: $262,200
Median annual Davison, MI tax bill: $848, $1,552 lower than the national median property tax bill of $2,400.

How are property taxes in Lapeer calculated?

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

Last Updated March 1, 2025

Davison, Lapeer County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.36%

Estimate Property Tax Bill

$1,083

$1,005

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

Property Tax Rates Across Davison, Lapeer County, Michigan

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services annually 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, this is the annual process in a nutshell. You can compare Davison’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. Davison, located in Lapeer County, offers a unique perspective on property taxes. With a median property tax rate significantly lower than the national median of 1.02%, homeowners in Davison enjoy comparatively lower property tax bills. This can be a considerable advantage for property owners, especially when contrasted with the national median property tax bill of $2400. Understanding these differences can help homeowners make informed decisions about property investments and financial planning.

Property Tax Rates Across Davison, Lapeer County, Michigan

Source: Ownwell

0.30%

0.57%

0.83%

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 Davison Tax Rate

0.36%

Median Effective Lapeer County Tax Rate

0.41%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Davison, Lapeer County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
48423	0.27%	0.29%	0.36%	0.48%	0.66%

Source: Ownwell

Property Tax Assessment Values Across Davison, Lapeer County, Michigan

When examining property taxes in Davison, 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 Lapeer County Equalization Department 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 Lapeer 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 Davison. For example, the median home price in Davison is $262,200, with tax bills ranging significantly across the county. Zip code 48423 has the highest median home price at $262,200.

Property Tax Assessment Values Across Davison, Lapeer County, Michigan

Source: Ownwell

$137,000

$291,500

$446,000

Median Davison Market Value

$300,900

Median Lapeer County Market Value

$243,000

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Davison, Lapeer County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
48423	$179,380	$222,650	$300,900	$364,950	$491,140

Source: Ownwell

Property Tax Bills Across Davison, Lapeer County, Michigan

In Davison, 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 property tax bill. The median home price in Davison is $262,200, with tax bills ranging from $580 at the 25th percentile to $1,312 at the 90th percentile. The median property tax bill in Davison is $848, significantly lower than the national median of $2,400. This lower tax bill can be attributed to the local tax rate and assessed values, which can vary widely. Homeowners in Davison can benefit from appealing their property tax assessments, potentially reducing their tax burden. Ownwell offers expert property tax appeal services, helping homeowners navigate the complexities of the tax system and identify potential savings. By leveraging local market insights and assessment expertise, Ownwell can assist homeowners in ensuring their property taxes are fair and equitable, ultimately saving them money.

Property Tax Bills Across Davison, Lapeer County, Michigan

Source: Ownwell

$626

$1,148

$1,670

Median Davison Tax Bill

$1,110

Median Lapeer County Tax Bill

$1,082

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Davison, Lapeer County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
48423	$568	$852	$1,110	$1,459	$2,435

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	March 9

Links
Lapeer Tax Assessor
Website	bsaonline.com