48617 Property Tax Rate

Property owners in ZIP code 48617 (Clare, Michigan) pay a median of $2,063/year in property taxes on homes valued at $154,500. This translates to an effective tax rate of 1.34%, which is 9% above the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48617 is approximately $172, which factors into escrow payments on mortgages. This ZIP code is located within Clare County. This is $363 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 48617 has higher property taxes. ZIP codes with similar effective rates include 49283 (1.33%) and 49013 (1.33%).

In Clare, property taxes represent approximately 3.6% of the median household income of $56,601, providing context for the relative tax burden on homeowners in this area.

Michigan Proposal A uncaps your property at purchase, resetting assessed value to your purchase price and increasing school operating taxes compared to the prior owner. File the Principle Residence Exemption (PRE) with the Clare County Assessor as soon as you close — this exemption exempts school operating millage on owner-occupied primary residences and is essential for reducing your tax liability. Meet the December 1 PRE filing deadline to avoid losing the exemption for the upcoming year.