48654 Property Tax Rate

Property owners in ZIP code 48654 (Rose City, Michigan) pay a median of $1,344/year in property taxes on homes valued at $134,200. This translates to an effective tax rate of 1.00%, which is 18% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48654 is approximately $112, which factors into escrow payments on mortgages. This ZIP code is located within Ogemaw County. This is $1,082 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 48654 has higher property taxes. ZIP codes with similar effective rates include 49316 (1.00%) and 49446 (1.00%).

In Rose City, property taxes represent approximately 2.9% of the median household income of $46,563, providing context for the relative tax burden on homeowners in this area.

Under Proposal A, uncapping at sale resets your assessed value to purchase price, raising school operating taxes from your first bill. Apply for the Principle Residence Exemption (PRE) with the Ogemaw County Assessor right away — this exemption removes school operating millage from primary residences and provides substantial annual savings. File the PRE by December 1 to ensure the exemption is effective for the upcoming tax year.