New Lothrop, Saginaw County, Michigan Property Taxes
Property Taxes in New Lothrop, Michigan
Median New Lothrop, Michigan effective property tax rate: 0.38%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median New Lothrop, Michigan home value: $209,800
Median annual New Lothrop, Michigan tax bill: $826, lower than the national median property tax bill of $2,400.
How are property taxes in Saginaw calculated?
Property taxes in New Lothrop, 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 New Lothrop's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Lothrop, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
New Lothrop, Saginaw County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.38%
Estimate Property Tax Bill
$797
$740
How Does the New Lothrop Property Tax Calculator Work?
Use this New Lothrop property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies New Lothrop's median effective tax rate of 0.38% — 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 New Lothrop'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 New Lothrop: rates range from 0.38% in 48460 to 0.38% in 48460, 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 New Lothrop.
About New Lothrop Property Taxes
About Property Taxes in New Lothrop, Saginaw, Michigan
New Lothrop’s median effective property tax rate of 0.38% 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 New Lothrop. Homeowners in the 48460 ZIP code carry a median effective rate of 0.38%, while those in the same ZIP code pay 0.38%. This spread reflects how school district boundaries and local assessment districts are drawn across Saginaw County. Understanding which part of New Lothrop you live in can make a meaningful difference to your annual tax bill.
New Lothrop homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before March 9, 2026 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 New Lothrop, 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 New Lothrop'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 New Lothrop Tax Rate
0.38%
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 New Lothrop, Saginaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48460 | 0.31% | 0.35% | 0.38% | 0.41% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across New Lothrop, Saginaw County, Michigan
When examining property taxes in New Lothrop, 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 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 Saginaw County, assessment notices are sent in February 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 New Lothrop is $209,800, with a median tax bill of $826. The highest median home price is in 48460 at $209,800.
Property Tax Assessment Values Across New Lothrop, Saginaw County, Michigan
Source: Ownwell
$28,400
$152,200
$276,000
Median New Lothrop Market Value
$209,800
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 New Lothrop, Saginaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48460 | $132,620 | $171,200 | $209,800 | $268,500 | $328,740 |
Source: Ownwell
Property Tax Bills Across New Lothrop, Saginaw County, Michigan
New Lothrop Property Tax Bills
Property tax bills in New Lothrop are based on the assessed value of a home, not its market price alone. Local taxing authorities apply the property tax rate to that assessed value to determine the annual bill, and the amount can vary depending on the home’s location and the taxing jurisdictions that apply. For homeowners, this means two similar houses can still receive different tax bills if their assessed values or tax rates differ.
In New Lothrop, the median home price is $209,800, while the median property tax bill is $826.00. That figure is below the national median property tax bill of $2,400 and reflects a lower overall burden than many U.S. homeowners face. Bills in the area also vary, with the 25th percentile at $631 and the 90th percentile at $1,300, showing how assessed value and local tax rates can affect what homeowners pay each year.
Median New Lothrop Tax Bill
$826
Median Saginaw County Tax Bill
$971
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across New Lothrop, Saginaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48460 | $491 | $631 | $826 | $1,012 | $1,300 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Saginaw Tax Assessor | |
| Website | bsaonline.com |