48813 Property Tax Rate

Property owners in ZIP code 48813 (Charlotte, Michigan) pay a median of $2,419/year in property taxes on homes valued at $178,500. This translates to an effective tax rate of 1.36%, which is 11% above the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48813 is approximately $202, which factors into escrow payments on mortgages. This ZIP code is located within Eaton County.

Compared to similar ZIP codes in Michigan, 48813 has higher property taxes. ZIP codes with similar effective rates include 48650 (1.35%) and 49960 (1.36%).

In Charlotte, property taxes represent approximately 3.1% of the median household income of $77,431, providing context for the relative tax burden on homeowners in this area.

Michigan's Proposal A triggers a full reassessment to market value when you purchase, eliminating the prior owner's 5% or CPI cap and potentially doubling your assessed value. Apply for the Principle Residence Exemption (PRE) with the Eaton County Assessor to lower your school operating tax portion — this exemption is the single most valuable relief available to homeowners here. File your PRE application within 45 days of purchase to avoid losing the exemption for that tax year.