49021 Property Tax Rate

Property owners in ZIP code 49021 (Bellevue, Michigan) pay a median of $2,203/year in property taxes on homes valued at $182,300. This translates to an effective tax rate of 1.21%, which is near the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49021 is approximately $184, which factors into escrow payments on mortgages. This ZIP code is located within Eaton County. This is $223 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49021 has higher property taxes. ZIP codes with similar effective rates include 48437 (1.21%) and 48612 (1.21%).

In Bellevue, property taxes represent approximately 2.8% of the median household income of $78,665, 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.