Leland, Leelanau County, Michigan Property Taxes

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

Median Leland, MI effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%. Median Leland, MI home value: $794,100. Median annual Leland, MI tax bill: $5,163, $2,763 higher than the national median property tax bill of $2,400. How are property taxes in Leelanau calculated? Property taxes in Leland, 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 Leland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Leland, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Leland, Leelanau County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.64%

Estimate Property Tax Bill

$7,396

$6,863

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

Property Tax Rates Across Leland, Leelanau County, Michigan

Local government entities determine tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide this by the total value of all taxable property in their jurisdiction. This calculation results in the property tax rate. While voting and legislation play roles in setting tax rates and budgets, this is the core of the annual process.

In Leland, located in Leelanau County, Michigan, the effective property tax rate stands out when compared to other cities in the state. Interestingly, Leland's property tax rate is notably lower than the national median property tax rate of 1.02%. This offers a significant advantage for property owners in the area, as it translates to lower annual property tax bills compared to the national median of $2,400. Such favorable tax conditions can make Leland an attractive place for homeowners seeking to minimize their tax burden while enjoying the benefits of living in a picturesque Michigan community.

Property Tax Rates Across Leland, Leelanau County, Michigan

Source: Ownwell

0.55%

0.69%

0.82%

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 Leland Tax Rate

0.64%

Median Effective Leelanau County Tax Rate

0.63%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Leland, Leelanau County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49654	0.29%	0.45%	0.64%	0.87%	1.12%

Source: Ownwell

Property Tax Assessment Values Across Leland, Leelanau County, Michigan

When examining property taxes in Leland, 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 Leelanau 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 Leelanau 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 Leland. For example, the median home price in Leland is $794,100, with tax bills ranging significantly across the county. 49654 has the highest median home price at $794,100.

Property Tax Assessment Values Across Leland, Leelanau County, Michigan

Source: Ownwell

$417,000

$786,300

$1,155,600

Median Leland Market Value

$1,155,600

Median Leelanau County Market Value

$534,300

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Leland, Leelanau County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49654	$463,280	$736,000	$1,155,600	$1,976,000	$2,931,480

Source: Ownwell

Property Tax Bills Across Leland, Leelanau County, Michigan

In Leland, MI, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. With a median home price of $794,100, homeowners in Leland face tax bills that can vary significantly. The 25th percentile tax bill is $2,794, while the 75th percentile reaches $9,450, and the 90th percentile soars to $16,416. This variability can impact homeowners differently, depending on their property's assessed value. Comparatively, the national median property tax rate is 1.02%, with a median tax bill of $2,400, highlighting the higher rates in Leland.

Ownwell offers expert property tax appeal and exemption services to help homeowners potentially reduce their tax burden. By reviewing assessments and identifying discrepancies, Ownwell can assist in lowering tax bills, ensuring homeowners don't overpay. This service is particularly beneficial in areas like Leland, where tax bills can be substantially higher than the national average, providing significant savings and peace of mind for property owners.

Property Tax Bills Across Leland, Leelanau County, Michigan

Source: Ownwell

$2,372

$4,753

$7,134

Median Leland Tax Bill

$7,134

Median Leelanau County Tax Bill

$3,416

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Leland, Leelanau County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49654	$2,323	$3,804	$7,134	$12,832	$22,026

Source: Ownwell