Coloma, Van Buren County, Michigan Property Taxes
Property Taxes in Coloma, Michigan
Median Coloma, Michigan effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, and lower than the Michigan state median of 1.05%.
Median Coloma, Michigan home value: $172,800
Median annual Coloma, Michigan tax bill: $744, lower than the national median property tax bill of $2,400.
How are property taxes in Van Buren calculated?
Property taxes in Coloma, 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 Coloma's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Coloma, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Coloma, Van Buren County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$881
$818
How Does the Coloma Property Tax Calculator Work?
Use this Coloma property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Coloma's median effective tax rate of 0.51% — based on actual property records in Van Buren County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Coloma'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 Coloma: rates are 0.51% in 49038, 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 Coloma.
About Coloma Property Taxes
About Property Taxes in Coloma, Van Buren, Michigan
Coloma’s median effective property tax rate of 0.51% is lower than the Van Buren County median of 1.05% and lower than the national median of 1.02%. This rate reflects the Van Buren 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 Coloma. Homeowners in the 49038 ZIP code carry a median effective rate of 0.51%, while those in the same ZIP also pay 0.51%. This reflects how school district boundaries and local assessment districts are drawn across Van Buren County. Understanding which part of Coloma you live in can make a meaningful difference to your annual tax bill.
Coloma 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 Coloma, Van Buren 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 Coloma'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 Coloma Tax Rate
0.51%
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 Van Buren County Tax Rate
0.41%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Coloma, Van Buren County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49038 | 0.23% | 0.29% | 0.51% | 0.91% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Coloma, Van Buren County, Michigan
When examining property taxes in Coloma, 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 Van Buren County tax assessor 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 Van Buren 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.
For example, the median home price in Coloma is $172,800, with tax bills ranging significantly across the county. ZIP code 49038 has the highest median home price at $172,800. The median property tax bill is $744, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Coloma, Van Buren County, Michigan
Source: Ownwell
$79,200
$179,600
$280,000
Median Coloma Market Value
$172,800
Median Van Buren County Market Value
$204,000
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Coloma, Van Buren County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49038 | $39,280 | $79,050 | $172,800 | $412,050 | $1,184,080 |
Source: Ownwell
Property Tax Bills Across Coloma, Van Buren County, Michigan
Property tax bills in Coloma are calculated by applying the local property tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, this means the tax bill is tied to what the home is worth and how local taxing authorities set rates each year. With a median home price of $172,800, property taxes can vary widely depending on the final assessed value and any exemptions that may apply.
What factors are considered when a property tax bill is set? The main factors are the home’s assessed value, the tax rate, and the taxing jurisdictions that apply to the property. In Van Buren County, the 25th percentile tax bill is $408, while the 75th percentile tax bill is $3,016 and the 90th percentile tax bill is $9,824. That spread shows how different property values and local assessments can affect what homeowners pay. For many homeowners, a higher assessed value can mean a higher tax bill, even if the home has not been sold.
Median Coloma Tax Bill
$744
Median Van Buren County Tax Bill
$897
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Coloma, Van Buren County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 49038 | $227 | $408 | $744 | $3,016 | $9,824 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 9 |
Links | |
|---|---|
| Van Buren Tax Assessor | |
| Website | bsaonline.com |