49431 Property Tax Rate
Ludington, Michigan · Part of Mason County
Effective Tax Rate
1.14%
2.7% above state avgMedian Annual Tax
$2,491
$208/mo escrow
Estimate Your Tax
Annual Tax
$2,491
Monthly
$208
Eff. Rate
1.14%
Buyer decision brief
What ZIP 49431 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$208/mo
Based on median annual tax paid
State context
0.08 percentage points below the Michigan average
Michigan average: 1.22%
Data confidence
High confidenceThe Census margin of error is $110, about 4% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Mason County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 49431 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$110 tax MOE, 4% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County context only
Mason County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 49431
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $218,600, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 1.14%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Michigan and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $208 per month before insurance, HOA dues, or special assessments.
Assessor verification
Mason County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 49431 Compares
Median Annual Property Tax
ZIP 49431
1.14%
Effective rate
Michigan Avg
1.22%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Michigan
Lower than 55% of ZIP codes in Michigan(45th percentile, 957 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 49431
Property owners in ZIP code 49431 (Ludington, Michigan) pay a median of $2,491/year in property taxes on homes valued at $218,600. This translates to an effective tax rate of 1.14%, which is 7% below the Michigan state average of 1.22%.
The monthly property tax burden for a median-valued home in 49431 is approximately $208, which factors into escrow payments on mortgages. This ZIP code is located within Mason County.
Compared to similar ZIP codes in Michigan, 49431 has higher property taxes. ZIP codes with similar effective rates include 49301 (1.14%) and 49421 (1.14%).
In Ludington, property taxes represent approximately 3.9% of the median household income of $63,313, providing context for the relative tax burden on homeowners in this area.
If you're considering purchasing a home in 49431, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Mason County's tax assessor directly.
Frequently Asked Questions
What is the property tax rate in ZIP code 49431?
How much are property taxes in Ludington, MI (49431)?
How does ZIP 49431 compare to the Michigan average?
What is the median home value in ZIP 49431?
What county is ZIP code 49431 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$110. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 49431 is part of Mason County, Michigan. View the full county profile for broader context and more data.
View Mason County on TaxByCounty →Why compare these ZIPs?
Better comparison set for ZIP 49431
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
49410
Fountain, MI
0.32 percentage points lower than ZIP 49431.
Rate
0.82%
Tax
$1,327
Quality
82
49411
Free Soil, MI
0.15 percentage points lower than ZIP 49431.
Rate
0.99%
Tax
$2,191
Quality
77
49454
Scottville, MI
0.03 percentage points lower than ZIP 49431.
Rate
1.11%
Tax
$1,936
Quality
82
49405
Custer, MI
0.03 percentage points lower than ZIP 49431.
Rate
1.11%
Tax
$1,595
Quality
82
49757
Mackinac Island, MI
0.23 percentage points lower than ZIP 49431.
Rate
0.91%
Tax
$7,589
Quality
69
49636
Glen Arbor, MI
0.53 percentage points lower than ZIP 49431.
Rate
0.61%
Tax
$4,563
Quality
82
48009
Birmingham, MI
$493,400 higher median home value than ZIP 49431.
Rate
1.40%
Tax
$10,001
Quality
70
49654
Leland, MI
0.71 percentage points lower than ZIP 49431.
Rate
0.43%
Tax
$2,973
Quality
65
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.