49261 Property Tax Rate

Property owners in ZIP code 49261 (Napoleon, Michigan) pay a median of $2,682/year in property taxes on homes valued at $218,800. This translates to an effective tax rate of 1.23%, which is near the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49261 is approximately $224, which factors into escrow payments on mortgages. This ZIP code is located within Jackson County. This is $256 more than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49261 has higher property taxes. ZIP codes with similar effective rates include 48085 (1.22%) and 49423 (1.22%).

In Napoleon, property taxes represent approximately 3.0% of the median household income of $89,063, providing context for the relative tax burden on homeowners in this area.

Proposal A triggers full reassessment to purchase price in Jackson County, removing the prior owner's growth cap and raising your assessed value. File for the Principle Residence Exemption (PRE) with the Jackson County Assessor within 45 days of closing to reduce school operating millage taxes substantially. Contact the Jackson County Assessor to confirm PRE eligibility and ensure timely filing.