Curran, Oscoda County, Michigan Property Taxes
Median CURRAN, MI effective property tax rate: 0.44%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median CURRAN, MI home value: $58,200
Median annual CURRAN, MI tax bill: $254, $2,146 lower than the national median property tax bill of $2,400.
How are property taxes in Oscoda calculated?
Property taxes in CURRAN, 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 CURRAN’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in CURRAN, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Curran, Oscoda County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$867
$805
Property Tax Rates Across Curran, Oscoda County, Michigan
Local government entities are responsible for setting tax rates, which can significantly differ across regions within a state. Each year, counties like Oscoda in Michigan determine their required budget to maintain essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. Although the process involves votes and laws, this is essentially how property tax rates are established annually.
In Curran, Oscoda County, Michigan, the effective property tax rate is notably lower than the national median of 1.02%. This can offer considerable savings for property owners compared to other regions. While Curran's tax rate is consistent with the highest and lowest in the state, it remains an attractive option for homeowners looking for lower property tax burdens. The median property tax rate in Michigan is also below the national average, making it a favorable state for property investment. Understanding these variations can help homeowners make informed decisions about where to invest or settle, potentially leading to significant financial benefits.
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 Curran Tax Rate
1.15%
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 Oscoda County Tax Rate
1.15%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Curran, Oscoda County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48728 | 0.76% | 0.99% | 1.15% | 1.46% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Curran, Oscoda County, Michigan
Property Tax Assessment Values Across Curran, Oscoda County, Michigan
Source: Ownwell
$75,400
$96,600
$117,800
Median Curran Market Value
$75,400
Median Oscoda County Market Value
$93,600
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Curran, Oscoda County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48728 | $31,160 | $46,600 | $75,400 | $182,900 | $333,920 |
Source: Ownwell
Property Tax Bills Across Curran, Oscoda County, Michigan
In Curran, located in Oscoda County, MI, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local property tax rate is then applied to the assessed value to determine the final tax bill. For homeowners in Curran, the median property tax bill is $254, significantly lower than the national median of $2,400, reflecting the area's median home price of $58,200. Factors such as home improvements or changes in market conditions can impact the assessed value, thus affecting the tax bill.
For homeowners looking to reduce their property tax burden, Ownwell offers a valuable service. By analyzing property assessments and market data, Ownwell identifies discrepancies or overvaluations and assists in filing appeals for a fairer tax bill. This service can lead to substantial savings, ensuring homeowners only pay their fair share. By leveraging expertise in property tax laws and local market trends, Ownwell empowers homeowners in Curran to optimize their property tax expenses efficiently.
Median Curran Tax Bill
$886
Median Oscoda County Tax Bill
$981
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Curran, Oscoda County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48728 | $316 | $546 | $886 | $1,701 | $4,694 |
Source: Ownwell