Elsie, Saginaw County, Michigan Property Taxes
Property Taxes in Elsie, Michigan
Median Elsie, Michigan effective property tax rate: 0.33%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Elsie, Michigan home value: $107,100
Median annual Elsie, Michigan tax bill: $343, $2,057 lower than the national median property tax bill of $2,400.
How are property taxes in Saginaw calculated?
Property taxes in Elsie, 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 Elsie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elsie, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Elsie, Saginaw County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.33%
Estimate Property Tax Bill
$353
$328
How Does the Elsie Property Tax Calculator Work?
Use this Elsie property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Elsie's median effective tax rate of 0.33% — based on actual property records in Saginaw 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 Elsie'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 Elsie: rates range from 0.33% in 48831 to 0.33% in 48831, 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 Elsie.
About Elsie Property Taxes
About Property Taxes in Elsie, Saginaw, Michigan
Elsie’s median effective property tax rate of 0.33% is lower than the Michigan state median of 1.05% and lower than the national median of 1.02%. This rate reflects the Saginaw 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 Elsie. Homeowners in the 48831 ZIP code carry a median effective rate of 0.33%, while those in the same ZIP pay 0.33%. This spread reflects how school district boundaries and local assessment districts are drawn across Saginaw County. Understanding which part of Elsie you live in can make a meaningful difference to your annual tax bill.
Elsie 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 Elsie, Saginaw 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 ELSIE'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 Elsie Tax Rate
0.33%
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 Saginaw County Tax Rate
0.75%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elsie, Saginaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48831 | 0.25% | 0.28% | 0.33% | 0.37% | 0.46% |
Source: Ownwell
Property Tax Assessment Values Across Elsie, Saginaw County, Michigan
When examining property taxes in Elsie, 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 Saginaw 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 Saginaw 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. 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 Elsie.
For example, the median home price in Elsie is $107,100, with tax bills ranging significantly across the county. 48831 has the highest median home price at $107,100.
Property Tax Assessment Values Across Elsie, Saginaw County, Michigan
Source: Ownwell
$28,400
$152,200
$276,000
Median Elsie Market Value
$107,100
Median Saginaw County Market Value
$133,200
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elsie, Saginaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48831 | $30,400 | $56,700 | $107,100 | $148,950 | $195,020 |
Source: Ownwell
Property Tax Bills Across Elsie, Saginaw County, Michigan
In Elsie, property tax bills are based on the assessed value of a home and the local tax rate set for Saginaw County. When a home’s market value changes, the assessed value can change too, which affects the final bill. For a home with a median price of $107,100, the tax bill is shaped by how local taxing authorities apply their rates to that assessment.
Homeowners in Elsie typically see bills that reflect both the value of the property and the services funded by property taxes. The 25th percentile tax bill is $183, the 75th percentile is $477, and the 90th percentile is $683, showing how much bills can vary from one home to another. In ZIP code 48831, the median tax bill is $343.
Because property taxes are tied to assessed value, homeowners with higher assessments generally pay more, while those with lower assessments may pay less.
Median Elsie Tax Bill
$343
Median Saginaw County Tax Bill
$971
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Elsie, Saginaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48831 | $101 | $183 | $343 | $477 | $683 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Saginaw Tax Assessor | |
| Website | bsaonline.com |