49235 Property Tax Rate

Property owners in ZIP code 49235 (Clayton, Michigan) pay a median of $1,752/year in property taxes on homes valued at $172,100. This translates to an effective tax rate of 1.02%, which is 17% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49235 is approximately $146, which factors into escrow payments on mortgages. This ZIP code is located within Lenawee County. This is $674 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49235 has lower property taxes. ZIP codes with similar effective rates include 49272 (1.02%) and 49507 (1.02%).

In Clayton, property taxes represent approximately 2.7% of the median household income of $63,929, providing context for the relative tax burden on homeowners in this area.

Under Proposal A, your property assessment resets to market value upon purchase in Lenawee County, eliminating any cap the prior owner had. Apply for the Principle Residence Exemption (PRE) with the Lenawee County Assessor immediately after closing to reduce school operating taxes on your primary home. File your PRE within 45 days of purchase to lock in this valuable exemption.