49403 Property Tax Rate

Property owners in ZIP code 49403 (Conklin, Michigan) pay a median of $2,828/year in property taxes on homes valued at $258,900. This translates to an effective tax rate of 1.09%, which is 11% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49403 is approximately $236, which factors into escrow payments on mortgages. This ZIP code is located within Ottawa County. This is $402 more than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49403 has higher property taxes. ZIP codes with similar effective rates include 49892 (1.09%) and 49849 (1.09%).

In Conklin, property taxes represent approximately 3.4% of the median household income of $82,297, 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.