48653 Property Tax Rate

Property owners in ZIP code 48653 (Roscommon, Michigan) pay a median of $1,679/year in property taxes on homes valued at $161,800. This translates to an effective tax rate of 1.04%, which is 15% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48653 is approximately $140, which factors into escrow payments on mortgages. This ZIP code is located within Roscommon County. This is $747 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 48653 has higher property taxes. ZIP codes with similar effective rates include 48834 (1.04%) and 49347 (1.04%).

In Roscommon, property taxes represent approximately 2.5% of the median household income of $67,708, providing context for the relative tax burden on homeowners in this area.

Michigan Proposal A triggers uncapping at sale, resetting assessed value to purchase price and increasing school operating taxes. File the Principle Residence Exemption (PRE) with the Roscommon County Assessor immediately after closing to reduce school operating millage on your owner-occupied primary residence. Submit the PRE application by December 1 to guarantee the exemption applies to your next tax bill.