How much are property taxes in Cato Township, MI?
Homeowners in Cato Township, MI pay a median of $2,253 (±$320) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $2,373.
Homes without a mortgage pay a median of $2,000.
That is about 1.3% of the median home value of $174,200.
In Cato Township, the median real estate tax went from $1,517 in 2015–2019 to $2,253 in 2020–2024 (+48.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median real estate taxes
- $2,253 (±$320)
- With a mortgage
- $2,373
- Without a mortgage
- $2,000
- Share of median value
- 1.3%
Real estate taxes in Cato Township against Montcalm County, its state and the nation
| Cato Township | Montcalm County | Michigan | United States | |
|---|---|---|---|---|
| Median real estate taxes | $2,253 (±$320) | $1,876 (±$61) | $2,904 (±$9) | $3,119 |
| Homes with a mortgage | $2,373 (±$372) | $1,976 (±$94) | $3,152 (±$13) | $3,489 |
| Homes without a mortgage | $2,000 (±$484) | $1,748 (±$89) | $2,593 (±$13) | $2,576 |
| Median home value | $174,200 (±$12,371) | $185,500 (±$5,909) | $231,600 (±$642) | $332,700 |
In Cato Township, the median real estate tax is higher than in Montcalm County ($1,876).
It is also lower than in Michigan ($2,904).
It is lower than the national figure ($3,119).
In Montcalm County, Cato Township ranks 4 of 23 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 672 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 Cato Township
The median tax ($2,253) is 1.3% of the median home value ($174,200).
Across Montcalm County the same ratio is 1.0%.
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 Cato Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $1,517 (±$153) | $2,253 (±$320) | +48.5% | Up after inflation |
| Median home value | $93,100 (±$8,682) | $174,200 (±$12,371) | +87.1% | Up after inflation |
| Median owner cost with a mortgage | $971 (±$74) | $1,438 (±$334) | +48.1% | 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 Cato Township
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Cato Township | — | $2,253 (±$320) | — |
| Pine Township | 5.0 mi | $2,277 (±$257) | Not measurably different |
| Winfield Township | 5.1 mi | $2,342 (±$244) | Not measurably different |
| Hinton Township | 5.8 mi | $1,466 (±$362) | Lower |
| Belvidere Township | 6.5 mi | $1,802 (±$245) | Lower |
| Maple Valley Township (Montcalm County) | 7.9 mi | $1,693 (±$362) | Lower |
| Douglass Township | 8.1 mi | $1,743 (±$448) | Not measurably different |
| Deerfield Township (Mecosta County) | 8.5 mi | $1,317 (±$181) | Lower |
| Millbrook Township | 8.9 mi | $2,171 (±$436) | Not measurably different |
Nearby places with a measurably lower figure: Hinton Township, MI ($1,466), Belvidere Township, MI ($1,802), Maple Valley Township (Montcalm County), MI ($1,693).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Montcalm County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 1 | Eureka Township | $2,730 (±$395) |
| 2 | Winfield Township | $2,342 (±$244) |
| 3 | Pine Township | $2,277 (±$257) |
| 4 | Cato Township | $2,253 (±$320) |
| 5 | Montcalm Township | $2,146 (±$255) |
| 6 | Greenville | $2,027 (±$312) |
| 7 | Ferris Township | $1,975 (±$404) |
| 8 | Sidney Township | $1,938 (±$314) |
| 9 | Fairplain Township | $1,920 (±$245) |
| 10 | Pierson Township | $1,831 (±$368) |
Showing 10 of 23 places in Montcalm County, ranked from highest to lowest.
The figures for Cato Township include the places inside it that have pages of their own: Lakeview.
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 Cato 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 Cato Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Cato 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 Cato Township, and send estimates and invoices from your phone.
Questions about Cato Township
How much are property taxes in Cato Township?
The median real estate tax paid by homeowners in Cato Township, MI is $2,253 (±$320) a year (2020–2024 American Community Survey).
What is the property tax rate in Cato Township?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.3% of the median home value in Cato Township, and the actual rate is set by the town, county and school district.
Have property taxes in Cato Township gone up?
In Cato Township, the median real estate tax went from $1,517 in 2015–2019 to $2,253 in 2020–2024 (+48.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Are property taxes in Cato Township higher than in Montcalm County?
In Cato Township, the median real estate tax is higher than in Montcalm County ($1,876).
It is also lower than in Michigan ($2,904).
It is lower than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Cato township, Montcalm County, Michigan (county subdivision:14000, in state:26 county:117).
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.
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
- Housing in Cato Township at a glance
- Median rent in Cato Township
- Renters and owners in Cato Township
- Income and affordability in Cato Township
- Home values in Cato Township
- Homeowner costs in Cato Township
- Types of homes in Cato Township
- Bedrooms in Cato Township
- Age of homes in Cato Township
- Heating fuel in Cato Township
- Commute and cars in Cato Township
- Population growth in Cato Township
- How long people stay in Cato Township
- Michigan landlord and tenant rules
- Housing across Montcalm County
- Michigan places ranked by property taxes
- Housing data for every place in Michigan