48854 Property Tax Rate

Property owners in ZIP code 48854 (Mason, Michigan) pay a median of $3,806/year in property taxes on homes valued at $240,600. This translates to an effective tax rate of 1.58%, which is 30% above the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 48854 is approximately $317, which factors into escrow payments on mortgages. This ZIP code is located within Ingham County. This is $1,380 more than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 48854 has higher property taxes. ZIP codes with similar effective rates include 48801 (1.58%) and 48331 (1.58%).

In Mason, property taxes represent approximately 4.1% of the median household income of $91,956, providing context for the relative tax burden on homeowners in this area.

Under Proposal A, your property's assessment resets to purchase price at sale, ending any growth cap the prior owner enjoyed — this "uncapping" often results in a 30–50% tax increase for new owners in Ingham County. The Principle Residence Exemption (PRE) is critical: file with the Ingham County Assessor immediately after closing to exempt your homestead from school operating millage taxes, saving $600–$1,200 annually. Contact the Ingham County Assessor's office to verify your PRE filing deadline and confirm your assessment, as school taxes represent the bulk of Ingham County's 1.48% effective rate.