Ingalls, Menominee County, Michigan Property Taxes
Median Ingalls, 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 Ingalls, MI home value: $81,600. Median annual Ingalls, MI tax bill: $245, $2,155 lower than the national median property tax bill of $2,400.
How are property taxes in Menominee County calculated?
Property taxes in Ingalls, 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 Ingalls’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ingalls, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ingalls, Menominee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.83%
Estimate Property Tax Bill
$881
$818
Property Tax Rates Across Ingalls, Menominee County, Michigan
Local government entities determine tax rates, leading to significant variations within a state. Each county annually estimates its necessary budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the process in a nutshell.
In Ingalls, located in Menominee County, Michigan, the effective property tax rate is a notable example of how these calculations play out. With a median property tax rate of 0.32%, Ingalls stands out when compared to the national median property tax rate of 1.02%. This lower rate can translate into substantial savings for property owners, especially when contrasted with the national median property tax bill of $2,400.
Understanding these differences is crucial for property owners looking to manage their expenses effectively. Comparing Ingalls' tax rate to other cities within Michigan and the broader U.S. can provide valuable insights for homeowners and potential buyers alike, highlighting the importance of appealing and managing property taxes efficiently.
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 Ingalls Tax Rate
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 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 Ingalls, Menominee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49848 | 0.55% | 0.72% | 0.83% | 1.12% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Ingalls, Menominee County, Michigan
When examining property taxes in Ingalls, 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.
In Menominee County, assessment notices are sent in the spring each year. They’ll typically reach 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 Ingalls. For example, the median home price in Ingalls is $81,600, with tax bills ranging significantly across the county. Zip code 49848 has the highest median home price at $81,600.
Property Tax Assessment Values Across Ingalls, Menominee County, Michigan
Source: Ownwell
$60,200
$118,900
$177,600
Median Ingalls Market Value
$106,200
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 Ingalls, Menominee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49848 | $37,300 | $65,850 | $106,200 | $171,150 | $230,680 |
Source: Ownwell
Property Tax Bills Across Ingalls, Menominee County, Michigan
Median Ingalls Tax Bill
$928
Median Menominee County Tax Bill
$1,361
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Ingalls, Menominee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49848 | $349 | $564 | $928 | $1,350 | $1,982 |
Source: Ownwell