48435 Property Tax Rate

Property owners in ZIP code 48435 (Fostoria, Michigan) pay a median of $1,637/year in property taxes on homes valued at $142,200. This translates to an effective tax rate of 1.15%, which is 6% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48435 is approximately $136, which factors into escrow payments on mortgages. This ZIP code is located within Tuscola County. This is $789 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 48435 has higher property taxes. ZIP codes with similar effective rates include 49303 (1.15%) and 49328 (1.15%).

In Fostoria, property taxes represent approximately 2.0% of the median household income of $83,142, providing context for the relative tax burden on homeowners in this area.

Proposal A uncaps property at sale, resetting assessed value to purchase price and potentially raising your annual tax liability immediately. The Principle Residence Exemption (PRE) exempts school operating taxes for primary residences — file with the Tuscola County Assessor before December 1 to ensure the exemption applies to your next tax bill. Request a copy of your assessment notice to verify the PRE has been properly recorded.