HonestCasa logoHonestCasa
Updated 2025 Tax Year

Presque Isle County
Property Tax Guide

Everything you need to know about property taxes in Presque Isle County, MI. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
1.8% to 2.5% of market value (varies by township and school district)
Exemptions
5+ Available
Section 1

How Property Tax Works

Presque Isle County, Michigan operates under the state's property tax system to fund essential local services including schools, county government, townships, and special districts. Property taxes in Michigan are based on the State Equalized Value (SEV), which is approximately 50% of the property's market value, with the taxable value subject to assessment growth limitations under Proposal A.

The effective property tax rates in Presque Isle County typically range from 1.8% to 2.5% of market value, depending on your specific location within the county. Actual rates vary significantly based on the taxing jurisdictions where your property is located, including school districts, townships, the county levy, and any special assessment districts for services like libraries, fire protection, or drain maintenance. The county's rural character means that properties in different townships may have substantially different total tax rates.

Section 2

What Makes Up Your Tax Bill

ComponentEstimated Rate (mills)Description
County Operating3.5-4.0General county services and administration
School Operating18.0-24.0Local school district operations (varies by district)
School Debt2.0-6.0School bond payments (varies by district)
Township/City1.0-3.0Municipal services (varies by municipality)
Intermediate School District0.5-1.0Regional education services
Community College2.0-3.0Alpena Community College
Library0.5-2.0Public library services (where applicable)
Special Assessments0.0-3.0Fire, ambulance, drain districts (varies by location)

Note: Rates shown are for FY 2025-2026 levy year and are estimates in mills (1 mill = $1 per $1,000 of taxable value). Official 2025 rates will be finalized by December 2024. Total rates typically range from 25-45 mills depending on your specific taxing district combination.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Presque Isle County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Michigan are triggered when there is a change in property ownership or new construction that increases the property's value during the tax year. When property changes ownership, the taxable value "uncaps" and jumps to the current State Equalized Value (SEV), potentially creating a significant tax increase. New construction or improvements that add value to existing property also generate supplemental tax bills.

The supplemental tax is calculated as the difference between the new taxable value and the previous taxable value, multiplied by the applicable tax rate, prorated for the portion of the tax year remaining. For example, if a $400,000 home sells in March and the taxable value increases from $120,000 to $200,000 due to uncapping, the additional $80,000 in taxable value would be subject to supplemental taxes for the remaining 10 months of the fiscal year at the local tax rate.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • State Equalized Value (SEV): $150,000
  • Taxable Value (with cap): $145,000
  • Less: Homestead Credit (application required): -$7,500
  • Net Taxable Value: $137,500
  • Tax Rate: 32 mills
  • Annual Tax: $4,400
  • Monthly Escrow: $367

Example 2: $600,000 Home

  • Market Value: $600,000
  • State Equalized Value (SEV): $300,000
  • Taxable Value (with cap): $285,000
  • Less: Homestead Credit (application required): -$7,500
  • Net Taxable Value: $277,500
  • Tax Rate: 35 mills
  • Annual Tax: $9,713
  • Monthly Escrow: $809

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • State Equalized Value (SEV): $500,000
  • Taxable Value (with cap): $475,000
  • Less: Homestead Credit (application required): -$7,500
  • Net Taxable Value: $467,500
  • Tax Rate: 38 mills
  • Annual Tax: $17,765
  • Monthly Escrow: $1,481

All credits shown require annual application and are not automatic. Actual rates vary by specific location within the county.

See How Taxes Affect Your Payment

Property taxes are just part of your total monthly cost. Get the full picture.

Calculate Now
Section 5

Escrow & Property Taxes

Most mortgage lenders in Presque Isle County require property tax escrow accounts for loans with less than 20% down payment. Your lender collects monthly tax payments along with your mortgage payment and pays the county directly when taxes are due. The escrow payment is calculated by taking your annual tax bill and dividing by 12, often with an additional cushion for potential increases.

Property taxes in Presque Isle County are typically due in two installments: the first by January 31st and the final payment by November 1st of the tax year. Your lender will receive tax bills directly and make payments on your behalf. You should receive an annual escrow analysis showing how your payments were used and any adjustments needed for the coming year. It's important to verify that your lender has your correct parcel number and mailing address to ensure timely payment and avoid penalties.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due for the 2025-2026 tax year? A: The first installment is due by January 31, 2026, and the final payment is due by November 1, 2026. Property tax bills are typically available online by December 12, 2025.

Q: What is the Homestead Property Tax Credit and how do I apply? A: The Homestead Credit caps annual assessment increases at 5% or inflation (whichever is less) for owner-occupied properties. You must file Form 2368 with your township assessor by December 31st of the tax year to qualify. This is not automatic and requires annual verification.

Q: Are there other tax credits available that require application? A: Yes, including credits for senior citizens, veterans with disabilities, and low-income households. The Principal Residence Exemption (PRE) must be filed within 3 years of purchase. Contact the Presque Isle County Assessor at (989) 734-3288 for applications and deadlines.

Q: How often are properties reassessed? A: Michigan law requires properties to be assessed annually, but major reassessments typically occur every 2-3 years. You'll receive a notice if your assessment changes significantly.

Q: What are the penalties for late payment? A: Interest and penalties accrue on unpaid taxes at rates set by state law. After March 1st, unpaid taxes are turned over to the county treasurer with additional collection fees.

Q: Can I pay my property taxes online? A: Yes, most townships and the county treasurer offer online payment options. Check the Presque Isle County website or contact your local township office for payment portals and accepted methods.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with your local Board of Review, typically meeting in March. Contact your township assessor by February 15th to schedule an informal review before the formal appeal deadline.

Q: What creates special district taxes on my bill? A: Special districts for services like fire protection, libraries, emergency services, and drain maintenance can add mills to your tax rate. These vary significantly by location within the county and require voter approval.

Q: Do tax credits transfer automatically when I buy a home? A: No, most tax credits including the Principal Residence Exemption must be reapplied for by new owners. File Form 2368 with your township assessor within 3 years of purchase to avoid losing eligible credits.

Q: How do I find my specific tax rate and taxing districts? A: Contact the Presque Isle County Equalization Department at (989) 734-3288 or check with your township assessor. Your tax bill will list all applicable taxing authorities and their individual rates.

See the Full Picture of Your Home Costs

Property taxes are just one piece of homeownership. HonestCasa helps you understand your total monthly cost and explore safe ways to access your home equity.

Total Monthly Cost

Mortgage + taxes + insurance + HOA

Equity Growth

Track how your equity grows over time

Safe Equity Access

Options for projects or debt payoff

Free • No credit check • 2-minute estimate