Falmouth, Missaukee County, Michigan Property Taxes
Property Taxes in Falmouth, Michigan
Median Falmouth, Michigan effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Falmouth, Michigan home value: $124,500
Median annual Falmouth, Michigan tax bill: $1,137, lower than the national median property tax bill of $2,400.
How are property taxes in Missaukee calculated?
Property taxes in Falmouth, 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 Falmouth's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Falmouth, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Falmouth, Missaukee County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.89%
Estimate Property Tax Bill
$1,108
$1,028
How Does the Falmouth Property Tax Calculator Work?
Use this Falmouth property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Falmouth's median effective tax rate of 0.89% — based on actual property records in Missaukee County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Falmouth'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 Falmouth: rates range from 0.89% in 49632 to 0.89% in 49632, 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 Falmouth.
About Falmouth Property Taxes
About Property Taxes in Falmouth, Missaukee, Michigan
Falmouth’s median effective property tax rate of 0.89% is lower than the Michigan state median of 1.05% and lower 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 Falmouth. Homeowners in ZIP code 49632 carry a median effective rate of 0.89%, while those in the same ZIP code also pay 0.89%. This spread reflects how school district boundaries and local assessment districts are drawn across Missaukee County. Understanding which part of Falmouth you live in can make a meaningful difference to your annual tax bill.
Falmouth homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor 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 Falmouth, 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 Falmouth'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 Falmouth Tax Rate
0.89%
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 Falmouth, Missaukee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49632 | 0.56% | 0.71% | 0.89% | 1.19% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Falmouth, Missaukee County, Michigan
When examining property taxes in Falmouth, 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. 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 Falmouth.
For example, the median home price in Falmouth is $124,500, with tax bills ranging significantly across the county. 49632 has the highest median home price at $124,500.
Property Tax Assessment Values Across Falmouth, Missaukee County, Michigan
Source: Ownwell
$115,600
$156,700
$197,800
Median Falmouth Market Value
$124,500
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 Falmouth, Missaukee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49632 | $30,780 | $70,250 | $124,500 | $213,300 | $359,340 |
Source: Ownwell
Property Tax Bills Across Falmouth, Missaukee County, Michigan
Property tax bills in Falmouth are calculated by applying the local tax rate to a home’s assessed value, which is based on market conditions and the property’s characteristics. For homeowners, that means the bill is shaped by factors such as home value, location, and any changes in the local tax base.
With a median home price of $124,500, property taxes can still vary widely from one household to another. The typical tax bill in the area is $1,137, and that figure reflects how local assessments translate into annual taxes. Bills at the 25th percentile are $654, while the 75th percentile reaches $1,868. For higher-value or more heavily taxed homes, the 90th percentile is $3,198.
These differences matter because property taxes directly affect monthly housing costs and long-term affordability. Even in a smaller market, a change in assessed value can lead to a noticeable shift in what homeowners owe each year.
Median Falmouth Tax Bill
$1,137
Median Missaukee County Tax Bill
$1,322
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Falmouth, Missaukee County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49632 | $314 | $654 | $1,137 | $1,868 | $3,198 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Missaukee Tax Assessor | |
| Website | bsaonline.com |