Sheridan, Montcalm County, Michigan Property Taxes
Property Taxes in Sheridan, Michigan
Median Sheridan, Michigan effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Sheridan, Michigan home value: $166,200
Median annual Sheridan, Michigan tax bill: $1,344, lower than the national median property tax bill of $2,400.
How are property taxes in Montcalm calculated?
Property taxes in Sheridan, 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 Sheridan's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sheridan, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Sheridan, Montcalm County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.79%
Estimate Property Tax Bill
$1,313
$1,218
How Does the Sheridan Property Tax Calculator Work?
Use this Sheridan property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and the calculator applies Sheridan’s median effective tax rate of 0.79% — based on actual property records in Montcalm County — to generate your estimate.
Enter your property’s estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home’s market value. The calculator applies Sheridan’s median effective rate across local levies, giving a more accurate estimate than using a single county millage rate.
Sheridan’s median property tax rate is lower than Montcalm County’s but higher than Michigan’s 1.05% state median tax rate, and the median property tax bill is $1,344, which is $1,056 lower than the state median bill.
Your bill may vary by ZIP code within Sheridan: rates range from 0.79% in 48884 to 0.79% in 48884. For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Sheridan.
About Sheridan Property Taxes
About Property Taxes in Sheridan, Montcalm, Michigan
Sheridan’s median effective property tax rate of 0.79% is lower than the Michigan state median of 1.05% and lower than the national median of 1.02%. This rate reflects the Montcalm 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 Sheridan. Homeowners in the 48884 ZIP code carry a median effective rate of 0.79%, while those in the same ZIP code also pay 0.79%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Montcalm County. Understanding which part of Sheridan you live in can make a meaningful difference to your annual tax bill.
Sheridan 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 Sheridan, Montcalm 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 Sheridan'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 Ă· 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 Sheridan Tax Rate
0.79%
Our median effective property tax rate (tax bill Ă· 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 Montcalm County Tax Rate
0.91%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sheridan, Montcalm County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48884 | 0.58% | 0.67% | 0.79% | 1.05% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Sheridan, Montcalm County, Michigan
When examining property taxes in Sheridan, 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 Montcalm County assessment office 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 Montcalm 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. For Sheridan, the median home price is $166,200, with a median tax bill of $1,344. Tax bills range from $798 at the 25th percentile to $2,085 at the 75th percentile, and the 90th percentile reaches $2,967. The highest median home price is in 48884 at $166,200, while the highest and lowest median tax bill are both $1,344 in 48884.
Property Tax Assessment Values Across Sheridan, Montcalm County, Michigan
Source: Ownwell
$97,300
$180,550
$263,800
Median Sheridan Market Value
$166,200
Median Montcalm County Market Value
$183,200
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sheridan, Montcalm County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48884 | $55,360 | $100,900 | $166,200 | $246,800 | $336,840 |
Source: Ownwell
Property Tax Bills Across Sheridan, Montcalm County, Michigan
Property tax bills in Sheridan are based on the assessed value of a home, which is then multiplied by the local tax rate. For a home with a median value of $166,200, the bill can vary widely depending on the property’s assessed value and the taxing jurisdictions that apply. In Montcalm County, the tax bill is shaped by local school, county, and municipal levies, so two homes with similar market values can still receive different bills if their assessments or locations differ.
For many homeowners, the typical tax bill is $1,344 in ZIP code 48884, while bills can range from $798 at the 25th percentile to $2,085 at the 75th percentile and reach $2,967 at the 90th percentile. Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, Sheridan homeowners often see bills that can be below or above the national norm depending on the home and assessment.
Median Sheridan Tax Bill
$1,344
Median Montcalm County Tax Bill
$1,657
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Sheridan, Montcalm County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48884 | $460 | $798 | $1,344 | $2,085 | $2,967 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Montcalm Tax Assessor | |
| Website | bsaonline.com |