48636 Property Tax Rate

Property owners in ZIP code 48636 (Luzerne, Michigan) pay a median of $1,169/year in property taxes on homes valued at $135,700. This translates to an effective tax rate of 0.86%, which is 29% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48636 is approximately $97, which factors into escrow payments on mortgages. This ZIP code is located within Oscoda County. This is $1,257 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 48636 has lower property taxes. ZIP codes with similar effective rates include 49332 (0.86%) and 48208 (0.86%).

In Luzerne, property taxes represent approximately 1.8% of the median household income of $63,478, providing context for the relative tax burden on homeowners in this area.

Proposal A uncaps at sale, resetting assessed value to market and raising school operating taxes for the property. The Principle Residence Exemption (PRE) is your key relief tool — file with the Oscoda County Assessor before December 1 to exempt school operating millage on your primary residence. Confirm PRE approval and request a written notice of the exemption in your assessment record.