Fairgrove, Tuscola County, Michigan Property Taxes
Median Fairgrove, MI effective property tax rate: 0.37%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Fairgrove, MI home value: $115,100
Median annual Fairgrove, MI tax bill: $475, $1,925 lower than the national median property tax bill of $2,400.
How are property taxes in Tuscola County calculated?
Property taxes in Fairgrove, MI 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 Fairgrove’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fairgrove, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fairgrove, Tuscola County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.93%
Estimate Property Tax Bill
$1,195
$1,109
Property Tax Rates Across Fairgrove, Tuscola County, Michigan
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 Fairgrove Tax Rate
0.93%
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 Tuscola County Tax Rate
0.92%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fairgrove, Tuscola County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48733 | 0.65% | 0.73% | 0.93% | 1.20% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Fairgrove, Tuscola County, Michigan
When examining property taxes in Fairgrove, 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 Tuscola 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.
In Tuscola County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Fairgrove.
For example, the median home price in Fairgrove is $115,100, with tax bills ranging significantly across the county. Zip code 48733 has the highest median home price at $115,100.
Property Tax Assessment Values Across Fairgrove, Tuscola County, Michigan
Source: Ownwell
$10,700
$119,350
$228,000
Median Fairgrove Market Value
$128,500
Median Tuscola County Market Value
$151,400
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fairgrove, Tuscola County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48733 | $63,500 | $94,550 | $128,500 | $185,800 | $242,300 |
Source: Ownwell
Property Tax Bills Across Fairgrove, Tuscola County, Michigan
In Fairgrove, located in Tuscola County, MI, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $115,100, and the property tax rate is used to determine the tax bill. The tax bill can vary significantly, with the 25th percentile at $314 and the 75th percentile reaching $682. For those in the 90th percentile, the tax bill can rise to $934. These figures illustrate how tax burdens can fluctuate depending on a home's assessed value and the local tax rate. Comparatively, the national median property tax bill is $2,400, indicating that Fairgrove homeowners generally face lower tax bills.
Homeowners in Fairgrove can benefit from appealing their property tax assessments, as this can potentially lower their tax obligations. Ownwell provides expert services to help homeowners navigate this process, ensuring that they only pay their fair share. By leveraging local market data and expertise, Ownwell assists homeowners in identifying discrepancies in their property assessments, helping to reduce their property tax bills effectively.
Median Fairgrove Tax Bill
$1,197
Median Tuscola County Tax Bill
$1,305
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Fairgrove, Tuscola County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48733 | $617 | $893 | $1,197 | $1,663 | $2,268 |
Source: Ownwell