Frederic, Otsego County, Michigan Property Taxes
Property Taxes in Frederic, Michigan
Median Frederic, Michigan effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Frederic, Michigan home value: $200,400
Median annual Frederic, Michigan tax bill: $868, lower than the national median property tax bill of $2,400.
How are property taxes in Otsego calculated?
Property taxes in Frederic, 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 Frederic's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Frederic, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Frederic, Otsego County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$1,022
$948
How Does the Frederic Property Tax Calculator Work?
Use this Frederic property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Frederic's median effective tax rate of 0.51% — based on actual property records in Otsego 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 Frederic'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 Frederic: rates range from 0.51% in 49733 to 0.51% in 49733, 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 Frederic.
About Frederic Property Taxes
About Property Taxes in Frederic, Otsego, Michigan
Frederic’s median effective property tax rate of 0.51% is lower than the Michigan state median of 1.05% and lower than the national median of 1.02%. This rate reflects the Otsego 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 Frederic. Homeowners in the 49733 ZIP code carry a median effective rate of 0.51%, while those in the same ZIP code also pay 0.51%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Otsego County. Understanding which part of Frederic you live in can make a meaningful difference to your annual tax bill.
Frederic 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 Frederic, Otsego 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 Frederic'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 Frederic Tax Rate
0.51%
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 Otsego County Tax Rate
0.53%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Frederic, Otsego County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49733 | 0.27% | 0.32% | 0.51% | 0.68% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Frederic, Otsego County, Michigan
When examining property taxes in Frederic, 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 Otsego 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.
Assessment notices:
In Otsego 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 example, the median home price in Frederic is $200,400, with tax bills ranging significantly across the county. Zip code 49733 has the highest median home price at $200,400.
Property Tax Assessment Values Across Frederic, Otsego County, Michigan
Source: Ownwell
$100,800
$179,300
$257,800
Median Frederic Market Value
$200,400
Median Otsego County Market Value
$184,900
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Frederic, Otsego County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49733 | $59,460 | $126,550 | $200,400 | $314,500 | $433,860 |
Source: Ownwell
Property Tax Bills Across Frederic, Otsego County, Michigan
Frederic property tax bills are calculated by applying the local tax rate to the assessed value of a home, which is based on the market value of the property. Local taxing authorities use that assessed value to determine how much each homeowner owes each year. The bill can also reflect the mix of school, county, and other local levies that fund public services.
With a median home price of $200,400, homeowners in Frederic may see tax bills that vary based on how their property is assessed and whether it qualifies for any exemptions. The 25th percentile tax bill is $542, while the 75th percentile is $1,648 and the 90th percentile is $2,568. In ZIP code 49733, the median tax bill is $868.
For homeowners, property taxes are an ongoing cost that can change when assessed values rise or local budgets shift.
Median Frederic Tax Bill
$868
Median Otsego County Tax Bill
$967
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Frederic, Otsego County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49733 | $321 | $542 | $868 | $1,648 | $2,568 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Otsego Tax Assessor | |
| Website | app.fetchgis.com |