49631 Property Tax Rate

Property owners in ZIP code 49631 (Evart, Michigan) pay a median of $1,392/year in property taxes on homes valued at $120,700. This translates to an effective tax rate of 1.15%, which is 6% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49631 is approximately $116, which factors into escrow payments on mortgages. This ZIP code is located within Osceola County. This is $1,034 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49631 has higher property taxes. ZIP codes with similar effective rates include 48435 (1.15%) and 49091 (1.16%).

In Evart, property taxes represent approximately 3.0% of the median household income of $46,250, providing context for the relative tax burden on homeowners in this area.

Michigan's Proposal A reassesses property to market value at sale, eliminating the capped-growth benefit the prior owner had. The Principle Residence Exemption (PRE) exempts owner-occupied primary residences from school operating taxes — submit your application to the Osceola County Assessor by March 1 of the following year. File your PRE claim with the Osceola County Assessor within 60 days of closing to activate the exemption and reduce your school taxes.