49120 Property Tax Rate

Property owners in ZIP code 49120 (Niles, Michigan) pay a median of $1,801/year in property taxes on homes valued at $166,800. This translates to an effective tax rate of 1.08%, which is 12% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49120 is approximately $150, which factors into escrow payments on mortgages. This ZIP code is located within Berrien County. This is $625 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49120 has lower property taxes. ZIP codes with similar effective rates include 49340 (1.08%) and 48327 (1.08%).

In Niles, property taxes represent approximately 2.9% of the median household income of $61,940, providing context for the relative tax burden on homeowners in this area.

Proposal A triggers full reassessment to purchase price in Berrien County, eliminating the prior owner's growth cap and creating a tax increase. File for the Principle Residence Exemption (PRE) with the Berrien County Assessor within 45 days of closing to exempt your home from school operating millage taxes. Contact the Berrien County Assessor to verify your PRE eligibility and filing requirements.