48659 Property Tax Rate

Property owners in ZIP code 48659 (Sterling, Michigan) pay a median of $1,669/year in property taxes on homes valued at $118,900. This translates to an effective tax rate of 1.40%, which is 15% above the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48659 is approximately $139, which factors into escrow payments on mortgages. This ZIP code is located within Arenac County. This is $757 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 48659 has lower property taxes. ZIP codes with similar effective rates include 48726 (1.40%) and 48009 (1.40%).

In Sterling, property taxes represent approximately 2.9% of the median household income of $58,021, providing context for the relative tax burden on homeowners in this area.

Proposal A uncaps property at sale, resetting assessed value to market and increasing school operating taxes on the property. The Principle Residence Exemption (PRE) exempts school operating millage for owner-occupied primary residences — contact the Arenac County Assessor immediately after purchase to file and confirm approval. Submit your PRE application before the December 1 deadline to have it take effect for the next tax year.