Daggett, Menominee County, Michigan Property Taxes

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

Median Daggett, MI effective property tax rate: 0.28%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Daggett, MI home value: $88,600
Median annual Daggett, MI tax bill: $242, $2,158 lower than the national median property tax bill of $2,400.

How are property taxes in Menominee calculated?

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

Last Updated March 1, 2025

Daggett, Menominee County, Michigan Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.07%

Estimate Property Tax Bill

$1,100

$1,021

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

Property Tax Rates Across Daggett, Menominee County, Michigan

Local government entities set tax rates, which can vary widely within a state. 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 Daggett’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.

Daggett, located in Menominee County, boasts an effective property tax rate of 0.28%, significantly lower than the national median property tax rate of 1.02%. This makes Daggett an attractive location for property owners looking to save on taxes. Michigan’s median property tax rate also tends to be below the national average, offering further incentive for potential homeowners. By choosing Daggett, residents benefit not only from lower tax rates but also from the services and amenities funded by these taxes, ensuring a balanced and appealing living environment.

Property Tax Rates Across Daggett, Menominee County, Michigan

Source: Ownwell

0.79%

1.21%

1.62%

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 Daggett Tax Rate

1.07%

Median Effective Menominee County Tax Rate

1.16%

Median Effective Michigan Tax Rate

1.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Daggett, Menominee County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49821	0.59%	0.82%	1.07%	1.38%	1.92%

Source: Ownwell

Property Tax Assessment Values Across Daggett, Menominee County, Michigan

When examining property taxes in Daggett, 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 Menominee 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: Menominee County sends assessment notices in the spring each year, typically reaching 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 Daggett. For example, the median home price in Daggett is $88,600, with tax bills ranging significantly across the county. 49821 has the highest median home price at $88,600.

Property Tax Assessment Values Across Daggett, Menominee County, Michigan

Source: Ownwell

$60,200

$118,900

$177,600

Median Daggett Market Value

$102,800

Median Menominee County Market Value

$110,600

Median Michigan Market Value

$213,740

Median United States Market Value

$235,294

Property Tax Assessment Values Across Daggett, Menominee County, Michigan

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49821	$27,520	$63,000	$102,800	$166,200	$233,800

Source: Ownwell

Property Tax Bills Across Daggett, Menominee County, Michigan

In Daggett, located in Menominee County, MI, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in Daggett is $88,600, which is significantly lower than the national median. The tax bill at the 25th percentile is $126, while at the 75th percentile, it's $396. The 90th percentile tax bill reaches $563, indicating a range in property tax obligations across the city. Homeowners in Daggett face property tax bills that can vary significantly, impacting their financial planning and long-term investment in their homes. With the highest and lowest median tax bill both at $242 in zip code 49821, homeowners may find their tax obligations more predictable compared to other regions. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging expert knowledge and local insights, Ownwell helps ensure that homeowners are not overpaying on their property taxes, ultimately reducing their financial burden and enhancing their investment's value.

Property Tax Bills Across Daggett, Menominee County, Michigan

Source: Ownwell

$665

$1,187

$1,709

Median Daggett Tax Bill

$1,111

Median Menominee County Tax Bill

$1,361

Median Michigan Tax Bill

$2,084

Median United States Tax Bill

$2,400

Property Tax Bills Across Daggett, Menominee County, Michigan

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49821	$291	$625	$1,111	$1,722	$2,589

Source: Ownwell