49401 Property Tax Rate

Property owners in ZIP code 49401 (Allendale, Michigan) pay a median of $3,135/year in property taxes on homes valued at $298,700. This translates to an effective tax rate of 1.05%, which is 14% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49401 is approximately $261, which factors into escrow payments on mortgages. This ZIP code is located within Ottawa County. This is $709 more than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49401 has higher property taxes. ZIP codes with similar effective rates include 48353 (1.05%) and 49688 (1.05%).

In Allendale, property taxes represent approximately 4.3% of the median household income of $73,020, providing context for the relative tax burden on homeowners in this area.

Michigan's Proposal A triggers full reassessment to market value when you buy, ending the prior owner's annual 5% or CPI cap on increases. The Principle Residence Exemption (PRE) exempts your home from school operating taxes if you claim it as your primary residence — file with the Ottawa County Assessor by March 1 of the year after purchase. Verify your exemption status with the Ottawa County Assessor within 60 days of closing to avoid losing the first year's benefit.