49419 Property Tax Rate

Property owners in ZIP code 49419 (Hamilton, Michigan) pay a median of $3,107/year in property taxes on homes valued at $301,800. 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 49419 is approximately $259, which factors into escrow payments on mortgages. This ZIP code is located within Allegan County. This is $681 more than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49419 has lower property taxes. ZIP codes with similar effective rates include 48884 (1.03%) and 49736 (1.03%).

In Hamilton, property taxes represent approximately 3.4% of the median household income of $92,708, providing context for the relative tax burden on homeowners in this area.

Under Proposal A, your property assessment resets to market value at purchase in Allegan County, eliminating any cap the prior owner had — budget for a tax increase despite the county's lower 1.13% effective rate. Apply for the Principle Residence Exemption (PRE) with the Allegan County Assessor right after closing to reduce school operating taxes on your primary home. File your PRE within 45 days of purchase to ensure the exemption applies to your first tax bill.