48765 Property Tax Rate

Property owners in ZIP code 48765 (Turner, Michigan) pay a median of $1,472/year in property taxes on homes valued at $142,500. This translates to an effective tax rate of 1.03%, which is 15% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48765 is approximately $123, which factors into escrow payments on mortgages. This ZIP code is located within Arenac County. This is $954 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 48765 has higher property taxes. ZIP codes with similar effective rates include 49051 (1.03%) and 49323 (1.03%).

In Turner, property taxes represent approximately 3.2% of the median household income of $46,458, 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.