How much are property taxes in Algoma Township, MI?

Homeowners in Algoma Township, MI pay a median of $3,757 (±$283) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $4,012.

Homes without a mortgage pay a median of $3,420.

That is about 1.1% of the median home value of $357,600.

In Algoma Township, the median real estate tax went from $3,054 in 2015–2019 to $3,757 in 2020–2024 (+23.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median real estate taxes
$3,757 (±$283)
With a mortgage
$4,012
Without a mortgage
$3,420
Share of median value
1.1%

Real estate taxes in Algoma Township against Kent County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Algoma TownshipKent CountyMichiganUnited States
Median real estate taxes$3,757 (±$283)$3,217 (±$40)$2,904 (±$9)$3,119
Homes with a mortgage$4,012 (±$556)$3,338 (±$49)$3,152 (±$13)$3,489
Homes without a mortgage$3,420 (±$432)$2,992 (±$66)$2,593 (±$13)$2,576
Median home value$357,600 (±$22,772)$289,900 (±$2,942)$231,600 (±$642)$332,700

In Algoma Township, the median real estate tax is higher than in Kent County ($3,217).

It is also higher than in Michigan ($2,904).

It is higher than the national figure ($3,119).

In Kent County, Algoma Township ranks 10 of 30 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 157 of 1,520.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Algoma Township

The median tax ($3,757) is 1.1% of the median home value ($357,600).

Across Kent County the same ratio is 1.1%.

Across Michigan it is 1.3%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Algoma Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$3,054 (±$254)$3,757 (±$283)+23.0%No measurable change after inflation
Median home value$233,200 (±$16,421)$357,600 (±$22,772)+53.3%Up after inflation
Median owner cost with a mortgage$1,542 (±$122)$1,999 (±$220)+29.6%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Algoma Township

Nearest places with a published estimate, compared with Algoma Township
PlaceDistanceMedian real estate taxesCompared with this place
Algoma Township—$3,757 (±$283)—
Rockford3.6 mi$4,707 (±$639)Higher
Sparta4.8 mi$3,139 (±$349)Lower
Cedar Springs5.0 mi$3,451 (±$388)Not measurably different
Sparta Township5.6 mi$3,062 (±$261)Lower
Plainfield Charter Township6.2 mi$3,590 (±$167)Not measurably different
Solon Township (Kent County)6.4 mi$2,609 (±$208)Lower
Courtland Township6.6 mi$3,892 (±$250)Not measurably different
Kent City8.2 mi$2,565 (±$369)Lower

Nearby places with a measurably lower figure: Sparta, MI ($3,139), Sparta Township, MI ($3,062), Solon Township (Kent County), MI ($2,609).

Nearby places with a measurably higher figure: Rockford, MI ($4,707).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Kent County, place by place

RankPlaceMedian real estate taxes
4Rockford$4,707 (±$639)
5Cannon Township$4,704 (±$376)
6Grand Rapids Charter Township$4,173 (±$304)
7Caledonia Township (Kent County)$3,983 (±$271)
8Courtland Township$3,892 (±$250)
9Byron Township$3,762 (±$208)
10Algoma Township$3,757 (±$283)
11Grattan Township$3,735 (±$502)
12Plainfield Charter Township$3,590 (±$167)
13Vergennes Township$3,533 (±$283)
14Bowne Township$3,522 (±$221)
15Lowell Charter Township$3,483 (±$168)
16Cedar Springs$3,451 (±$388)

Showing 13 of 30 places in Kent County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Algoma Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Algoma Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Algoma Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Algoma Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Algoma Township

How much are property taxes in Algoma Township?

The median real estate tax paid by homeowners in Algoma Township, MI is $3,757 (±$283) a year (2020–2024 American Community Survey).

What is the property tax rate in Algoma Township?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.1% of the median home value in Algoma Township, and the actual rate is set by the town, county and school district.

Have property taxes in Algoma Township gone up?

In Algoma Township, the median real estate tax went from $3,054 in 2015–2019 to $3,757 in 2020–2024 (+23.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in Algoma Township higher than in Kent County?

In Algoma Township, the median real estate tax is higher than in Kent County ($3,217).

It is also higher than in Michigan ($2,904).

It is higher than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Algoma township, Kent County, Michigan (county subdivision:01160, in state:26 county:081).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related