48612 Property Tax Rate

Property owners in ZIP code 48612 (Beaverton, Michigan) pay a median of $1,893/year in property taxes on homes valued at $156,700. This translates to an effective tax rate of 1.21%, which is near the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48612 is approximately $158, which factors into escrow payments on mortgages. This ZIP code is located within Gladwin County. This is $533 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 48612 has higher property taxes. ZIP codes with similar effective rates include 49626 (1.21%) and 48438 (1.21%).

In Beaverton, property taxes represent approximately 3.4% of the median household income of $55,445, providing context for the relative tax burden on homeowners in this area.

Michigan Proposal A triggers uncapping at sale, meaning your assessed value will reset to your purchase price and school operating taxes will increase. File the Principle Residence Exemption (PRE) with the Gladwin County Assessor immediately after closing — this exemption is essential and removes school operating millage from your primary residence's tax bill. Confirm PRE eligibility and filing deadline (December 1) with the assessor's office.