Reese, Saginaw County, Michigan Property Taxes
Property Taxes in Reese, Michigan
Median Reese, Michigan effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Reese, Michigan home value: $203,100
Median annual Reese, Michigan tax bill: $815, $1,585 lower than the national median property tax bill of $2,400.
How are property taxes in Saginaw calculated?
Property taxes in Reese, 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 Reese's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Reese, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Reese, Saginaw County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.39%
Estimate Property Tax Bill
$792
$735
How Does the Reese Property Tax Calculator Work?
Use this Reese property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Reese's median effective tax rate of 0.39% — 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 Reese'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 Reese: rates range from 0.39% in 48757 to 0.39% in 48757, primarily due to differences in school district levies and local assessment districts. Reese's median tax rate is lower than the state's 1.05% median rate, and the median bill of $815 is $1,585 lower than the state median property tax bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Reese.
About Reese Property Taxes
About Property Taxes in Reese, Saginaw, Michigan
Reese’s median effective property tax rate of 0.39% 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 Reese. Homeowners in the 48757 ZIP code carry a median effective rate of 0.39%, while those in the same ZIP code pay 0.39%. This spread reflects how school district boundaries and local assessment districts are drawn across Saginaw County. Understanding which part of Reese you live in can make a meaningful difference to your annual tax bill.
Reese homeowners who believe their assessed value is too high can file a formal appeal with the 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 Reese, 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 Reese'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 Reese Tax Rate
0.39%
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 Reese, Saginaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48757 | 0.33% | 0.37% | 0.39% | 0.44% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Reese, Saginaw County, Michigan
When examining property taxes in Reese, 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. The median home price in Reese is $203,100, and the median tax bill is $815, compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400. Tax bills range from $639 at the 25th percentile to $1,343 at the 90th percentile.
Property Tax Assessment Values Across Reese, Saginaw County, Michigan
Source: Ownwell
$28,400
$152,200
$276,000
Median Reese Market Value
$203,100
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 Reese, Saginaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48757 | $120,320 | $155,750 | $203,100 | $255,850 | $323,120 |
Source: Ownwell
Property Tax Bills Across Reese, Saginaw County, Michigan
Property tax bills in Reese are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much a homeowner owes each year, so changes in home value can affect the bill. For a median home price of $203,100, the property tax bill can vary depending on the assessment and local tax rates.
Homeowners in Reese typically see bills that reflect the value of their property and the taxing jurisdictions that apply to it. The 25th percentile tax bill is $639, the 75th percentile is $1,027, and the 90th percentile is $1,343, showing how costs can differ from one home to another. In zip code 48757, the median tax bill is $815. Because property taxes are a recurring expense, even small changes in assessed value can have a noticeable impact on a homeowner’s annual budget.
Median Reese Tax Bill
$815
Median Saginaw County Tax Bill
$971
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Reese, Saginaw County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48757 | $441 | $639 | $815 | $1,027 | $1,343 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Saginaw Tax Assessor | |
| Website | bsaonline.com |