Iron – SEV

Taxable Value as a Percent of State Equalized Value

(2003 Property Values)

UNIT NAME UNIT TYPE Total SEV
Real and
Personal
Total TV
Real and
Personal
Dollar
Difference
TV as a
percent
of SEV
IRON COUNTY 472,061,769  321,149,594  150,912,175  68.0%
BATES TWP 44,486,853  28,632,527  15,854,326  64.4%
CRYSTAL FALLS TWP 95,351,360  69,478,756  25,872,604  72.9%
HEMATITE TWP 16,879,447  10,353,192  6,526,255  61.3%
IRON RIVER TWP 53,768,322  33,377,701  20,390,621  62.1%
MANSFIELD TWP 24,682,083  16,350,061  8,332,022  66.2%
MASTODON TWP 59,075,248  42,140,553  16,934,695  71.3%
STAMBAUGH TWP 93,211,022  49,272,378  43,938,644  52.9%
CASPIAN CITY 12,050,967  9,685,705  2,365,262  80.4%
CRYSTAL FALLS CITY 21,322,535  17,889,321  3,433,214  83.9%
GAASTRA CITY 3,331,782  2,568,487  763,295  77.1%
IRON RIVER CITY 47,902,150  41,400,913  6,501,237  86.4%

Source: Michigan State Tax Commission.