Cadillac, Missaukee County, Michigan Property Taxes
Property Taxes in Cadillac, Michigan
Median Cadillac, Michigan effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Cadillac, Michigan home value: $177,000
Median annual Cadillac, Michigan tax bill: $1,434, $966 lower than the national median property tax bill of $2,400.
How are property taxes in Missaukee calculated?
Property taxes in Cadillac, Michigan 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 Cadillac's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cadillac, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Cadillac, Missaukee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.75%
Estimate Property Tax Bill
$1,328
$1,232
How Does the Cadillac Property Tax Calculator Work?
Use this Cadillac property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Cadillac's median effective tax rate of 0.75% — based on actual property records in Missaukee County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Cadillac's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Cadillac: rates range from 0.75% in 49601 to 0.75% in 49601, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Cadillac.
About Cadillac Property Taxes
About Property Taxes in Cadillac, Missaukee, Michigan
Cadillac’s median effective property tax rate of 0.75% is lower than the Missaukee County median of 1.05% and higher than the national median of 1.02%. This rate reflects the Missaukee County base levy combined with local school district levies and Tax increment finance districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Cadillac. Homeowners in the 49601 ZIP code carry a median effective rate of 0.75%, while those in the same ZIP also pay 0.75%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Missaukee County. Understanding which part of Cadillac you live in can make a meaningful difference to your annual tax bill.
Cadillac homeowners who believe their assessed value is too high can file a formal appeal with the local appraisal district before the March 9, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Cadillac, Missaukee County, Michigan
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Cadillac's effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S.
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 Cadillac Tax Rate
0.75%
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 Missaukee County Tax Rate
0.91%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cadillac, Missaukee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49601 | 0.56% | 0.64% | 0.75% | 1.07% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Cadillac, Missaukee County, Michigan
When examining property taxes in Cadillac, Michigan, 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 Missaukee County assessor 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 Missaukee County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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. The median home price in Cadillac is $177,000, and the median tax bill is $1,434, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. For example, 49601 has the highest median home price at $177,000.
Property Tax Assessment Values Across Cadillac, Missaukee County, Michigan
Source: Ownwell
$115,600
$156,700
$197,800
Median Cadillac Market Value
$177,000
Median Missaukee County Market Value
$148,000
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cadillac, Missaukee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49601 | $36,760 | $94,800 | $177,000 | $284,000 | $409,960 |
Source: Ownwell
Property Tax Bills Across Cadillac, Missaukee County, Michigan
Property tax bills in Cadillac are calculated by applying the local tax rate to a home’s assessed value, which is based on market value and local assessment rules. For a home with a median home price of $177,000, the bill can vary depending on exemptions, school levies, and other local taxing authorities that affect the final amount owed.
In Cadillac, the typical property tax bill is $1,434, and that figure is the same in the city’s 49601 ZIP code. Many homeowners pay less or more than that amount depending on where their property falls within the local market. The 25th percentile bill is $876, while the 75th percentile bill is $2,163 and the 90th percentile bill is $3,094.
Because property taxes are tied to assessed value, any change in a home’s market value or local tax rates can raise or lower the bill. For homeowners, that means property taxes can be a major ongoing housing cost.
Median Cadillac Tax Bill
$1,434
Median Missaukee County Tax Bill
$1,322
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Cadillac, Missaukee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49601 | $492 | $876 | $1,434 | $2,163 | $3,094 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Missaukee Tax Assessor | |
| Website | bsaonline.com |