Fenton, Oakland County, Michigan Property Taxes
Median Fenton, MI effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Fenton, MI home value: $285,700
Median annual Fenton, MI tax bill: $2,677, $277 higher than the national median property tax bill of $2,400.
How are property taxes in Oakland calculated?
Property taxes in Fenton, 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 Fenton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fenton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fenton, Oakland County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.5%
Estimate Property Tax Bill
$1,575
$1,462
$1,102
Average Tax Savings
Property Tax Rates Across Fenton, Oakland 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 Fenton’s effective property tax rate to other cities in Michigan and the median property tax rates in Michigan and the U.S. Michigan's median property tax rate stands at 0.91%, which is slightly below the national median of 1.02%. This means that homeowners in Fenton and throughout Michigan generally pay less in property taxes compared to the national average. In Fenton, located in Genesee County, the property tax rate is consistent with the state's median, making it a relatively affordable place to own property. Understanding these rates can help homeowners make informed decisions about their investments and potential savings through property tax appeals and exemptions.
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 Fenton Tax Rate
0.50%
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 Oakland County Tax Rate
1.04%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fenton, Oakland County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48430 | 0.26% | 0.30% | 0.50% | 0.77% | 1.09% |
Source: Ownwell
$1,102
Average Fenton Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Fenton, Oakland County, Michigan
When examining property taxes in Fenton, 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 Oakland 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 Oakland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Fenton.
For example, the median home price in Fenton is $285,700, with tax bills ranging significantly across the county. Zip code 48430 has the highest median home price at $285,700.
Property Tax Assessment Values Across Fenton, Oakland County, Michigan
Source: Ownwell
$3,200
$684,440
$1,365,680
Median Fenton Market Value
$315,070
Median Oakland County Market Value
$301,920
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fenton, Oakland County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48430 | $181,570 | $235,425 | $315,070 | $403,260 | $552,034 |
Source: Ownwell
$1,102
Average Fenton Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Fenton, Oakland County, Michigan
In Fenton, located in Oakland County, MI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is a percentage of the market value of the property. The tax rate is applied to this assessed value to determine the property tax bill. Homeowners in Fenton can expect a median property tax bill of $2,677, which is slightly above the national median of $2,400. Factors such as changes in market conditions and local government budgets can influence these assessments, potentially increasing the financial burden on homeowners.
Ownwell helps homeowners in Fenton save on their property tax bills by providing expert property tax appeal services. By analyzing the assessed value and comparing it to market trends, Ownwell identifies discrepancies and opportunities for reductions. This ensures homeowners pay only their fair share, potentially saving them significant amounts annually. With the 25th percentile tax bill at $2,055 and the 75th at $3,698, there is substantial room for savings.
Median Fenton Tax Bill
$1,553
Median Oakland County Tax Bill
$3,235
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Fenton, Oakland County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48430 | $782 | $1,040 | $1,553 | $2,303 | $3,432 |
Source: Ownwell
$1,102
Average Fenton Tax Savings
Save on Your Property Taxes and More With Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 1 |
Links | |
|---|---|
| Oakland Tax Assessor | |
| Website | app.regrid.com |
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