48432 Property Tax Rate

Property owners in ZIP code 48432 (Filion, Michigan) pay a median of $1,360/year in property taxes on homes valued at $142,200. This translates to an effective tax rate of 0.96%, which is 22% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48432 is approximately $113, which factors into escrow payments on mortgages. This ZIP code is located within Huron County. This is $1,066 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 48432 has lower property taxes. ZIP codes with similar effective rates include 49428 (0.96%) and 49436 (0.96%).

In Filion, property taxes represent approximately 2.2% of the median household income of $62,500, providing context for the relative tax burden on homeowners in this area.

Under Proposal A, your property's assessed value uncaps at sale and resets to market value, eliminating any tax advantage the prior owner held. The Principle Residence Exemption (PRE) is your primary relief — file it with the Huron County Assessor immediately after purchase to exempt the school operating millage portion of your tax bill. Submit your PRE claim by December 1 to have it apply starting the next tax year.