49066 Property Tax Rate

Property owners in ZIP code 49066 (Leonidas, Michigan) pay a median of $1,375/year in property taxes on homes valued at $187,500. This translates to an effective tax rate of 0.73%, which is 40% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49066 is approximately $115, which factors into escrow payments on mortgages. This ZIP code is located within St. Joseph County. This is $1,051 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49066 has lower property taxes. ZIP codes with similar effective rates include 49648 (0.73%) and 49896 (0.74%).

In Leonidas, property taxes represent approximately 2.1% of the median household income of $65,625, providing context for the relative tax burden on homeowners in this area.

Proposal A reassesses your home to full market value upon purchase, eliminating the prior owner's capped growth in St. Joseph County. File the Principle Residence Exemption (PRE) with the St. Joseph County Assessor within 45 days of closing to reduce school operating tax obligations significantly. Contact the St. Joseph County Assessor to confirm your PRE filing deadline and exemption details.