Example of Baraga County Property Tax Calculation
When someone owns property in Baraga County, they are responsible for paying property taxes. For example, if a property owner owns a house with a taxable value of $100,000, and the tax rate is 2%, then the calculation would be:
$100,000 x 0.02 = $2,000
This means that the property owner would need to pay $2,000 in property taxes each year. However, it is important to note that property tax rates can vary depending on the location and other factors, so it is always best to check with the local county government for the most accurate information.
If you want appeal your property tax assessment - contact your local tax assessor.
Baraga County Property Tax Rates
Here is a table listing the property tax rates in Baraga County, Michigan for the year 2021. The rates are listed in dollars per $100 of the assessed property value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County Operating | $1.5581 |
| County Road | $0.9882 |
| County Veteran Services | $0.0491 |
| County Senior Millage | $0.3985 |
| Township General | $1.0103 |
| Township Fire | $0.6673 |
| Township Ambulance | $0.4972 |
| Township Roads | $0.2308 |
| School Operating | $7.0984 |
| School Debt | $0.6906 |
These rates may vary depending on the specific location and property, and it is recommended that taxpayers consult with a tax professional for accurate and personalized advice.
Who sets property tax rates in Baraga County ?
In Baraga County, Michigan, the property tax rates are set by the local government each year. This includes the Board of Commissioners, the County Clerk, and the County Treasurer. The tax rates are usually established in late summer or early fall and take effect on December 1st of each year. These rates vary depending on the property's location within the county, its assessed value, and the millage rates set by local school districts, townships, and other taxing authorities. Residents can find more information about their property taxes on the Baraga County Treasurer's website or by contacting the county's tax assessor's office.
Homestead exemptions in Baraga County ?
In Baraga County, Michigan, homeowners may be eligible for various Homestead exemptions and deductions. Here are the columns and specific exemptions that apply in this county:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Principal Residence Exemption (PRE) | - Must own and occupy the property as their primary residence - Deadline to file is May 1st |
Up to 100% of the property's taxable value | This exemption is a statewide benefit |
| Homestead Property Tax Credit | - Must have a household income of less than $50,000 - Must own and occupy the property as their primary residence |
Up to $1,200 | This credit is based on a sliding scale depending on income |
| Personal Property Tax Exemption | - All homeowners | Exempts taxation on personal property such as furniture, appliances, and other items | This exemption does not apply to businesses |
| Veteran's Exemption | - Must be a veteran with a disability rating | Up to $22,500 | If the veteran has a disability of 100%, the exemption applies to the veteran's surviving spouse |
| Blind Person's Exemption | - Must be legally blind | Up to $15,000 |
It is important to note that these exemptions are specific to Baraga County and may vary in other Michigan counties. Homeowners should consult with their local assessor's office to determine their eligibility and how to apply for these exemptions.
When is Baraga County Property Tax due ?
Baraga County Property Tax is typically due on February 14th of each year in the state of Michigan. However, if this date falls on a weekend or a holiday, the due date is the next business day.
To make a payment, there are several methods available to property owners. These methods include:
| Payment Method | Description |
|---|---|
| Online Payment | Property owners can pay their taxes online using a credit card or e-check through the county's website. |
| Mail-In Payment | Property owners can mail in their payment along with their tax statement to the county treasurer's office. |
| In-Person Payment | Property owners can pay their taxes in person at the county treasurer's office during normal business hours. |
| Drop Box Payment | Property owners can drop off their payment in a secure drop box located outside the county treasurer's office. |
It is important to note that late payments will incur penalties and interest charges. Therefore, property owners are strongly encouraged to make their payments on or before the due date to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is Baraga County Property Tax penalty calculated ?
Baraga County Property Tax Penalty Calculation:
The penalty for late payment of property taxes in Baraga County, Michigan is calculated based on the number of days the payment is overdue. The penalty rate is set by the county treasurer and can vary year to year. As of 2021, the penalty rate in Baraga County is 1% per month or portion of a month that the tax remains unpaid.
Example:
Let's say a property owner in Baraga County owes $2,500 in property taxes for the year 2021. The due date for payment is February 14, 2022. If the property owner fails to pay the taxes by the due date, the penalty will start to accrue on February 15, 2022. If the property owner pays on March 15, 2022, they will have been late by one month and will owe a penalty of $25 (1% of $2,500). If they pay on April 20, 2022, they will have been late by two months and will owe a penalty of $50 (1% of $2,500 for each of the two months the tax was unpaid).
Summary:
In Baraga County, property tax penalty is calculated based on 1% of the unpaid amount for each month or portion of a month that the tax remains unpaid. It is important to pay property taxes on time to avoid accruing penalties.
We recommend contacting the Baraga County Tax Office or a local tax professional for the most up-to-date and accurate information.