Onaway, Presque Isle County, Michigan Property Taxes
Property Taxes in Onaway, Michigan
Median Onaway, 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 Onaway, Michigan home value: $127,600
Median annual Onaway, Michigan tax bill: $971, lower than the national median property tax bill of $2,400.
How are property taxes in Presque Isle calculated?
Property taxes in Onaway, 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 Onaway's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Onaway, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Onaway, Presque Isle County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.89%
Estimate Property Tax Bill
$1,136
$1,054
How Does the Onaway Property Tax Calculator Work?
Use this Onaway property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Onaway's median effective tax rate of 0.89% — based on actual property records in Presque Isle 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 Onaway'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 Onaway: rates range from 0.89% in 49765 to 0.89% in 49765, 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 Onaway.
About Onaway Property Taxes
About Property Taxes in Onaway, Presque Isle, Michigan
Onaway’s median effective property tax rate of 0.89% is lower than the Presque Isle County median of 1.05% and lower than the national median of 1.02%. This rate reflects the Presque Isle 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 Onaway. Homeowners in ZIP code 49765 carry a median effective rate of 0.89%, while those in 49765 pay 0.89%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Presque Isle County. Understanding which part of Onaway you live in can make a meaningful difference to your annual tax bill.
Onaway 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 Onaway, Presque Isle 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 Onaway'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 Onaway 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 Presque Isle County Tax Rate
0.96%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Onaway, Presque Isle County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49765 | 0.46% | 0.54% | 0.89% | 1.21% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Onaway, Presque Isle County, Michigan
When examining property taxes in Onaway, 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 Presque Isle County assessment process 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 Presque Isle County are sent in February each year and typically reach your mailbox by the middle of the month.
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. The median home price in Onaway is $127,600, while the median tax bill is $971, compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400.
Property Tax Assessment Values Across Onaway, Presque Isle County, Michigan
Source: Ownwell
$117,000
$187,300
$257,600
Median Onaway Market Value
$127,600
Median Presque Isle County Market Value
$146,400
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Onaway, Presque Isle County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49765 | $35,800 | $66,150 | $127,600 | $201,400 | $298,000 |
Source: Ownwell
Property Tax Bills Across Onaway, Presque Isle County, Michigan
How are property tax bills calculated in Onaway?
Property tax bills in Onaway are based on the assessed value of a home, which is tied to its market value and the local tax rate set by taxing authorities. For a median home price of $127,600, the bill can vary widely depending on the property’s assessed value and any local levies that apply. In this area, the median tax bill is $971.00, with both the highest and lowest median tax bill reported in ZIP code 49765.
What factors affect the amount homeowners pay?
The main factors are the home’s assessed value, exemptions, and local tax rates. Homes with higher assessed values generally face larger bills, while exemptions can reduce what a homeowner owes. Compared with the national median property tax bill of $2,400, Onaway’s median bill is lower, which can help keep annual housing costs more manageable for homeowners. Still, even a modest increase in assessed value can raise the bill and affect monthly budgeting.
Median Onaway Tax Bill
$971
Median Presque Isle County Tax Bill
$1,312
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Onaway, Presque Isle County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49765 | $355 | $592 | $971 | $1,552 | $2,522 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Presque Isle Tax Assessor | |
| Website | bsaonline.com |