49409 Property Tax Rate

Property owners in ZIP code 49409 (Ferrysburg, Michigan) pay a median of $1,708/year in property taxes on homes valued at $165,600. This translates to an effective tax rate of 1.03%, which is 16% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49409 is approximately $142, which factors into escrow payments on mortgages. This ZIP code is located within Ottawa County. This is $718 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49409 has lower property taxes. ZIP codes with similar effective rates include 49460 (1.03%) and 49642 (1.03%).

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.