49633 Property Tax Rate

Property owners in ZIP code 49633 (Fife Lake, Michigan) pay a median of $1,656/year in property taxes on homes valued at $174,000. This translates to an effective tax rate of 0.95%, which is 22% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49633 is approximately $138, which factors into escrow payments on mortgages. This ZIP code is located within Kalkaska County. This is $770 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49633 has higher property taxes. ZIP codes with similar effective rates include 48635 (0.95%) and 48450 (0.95%).

In Fife Lake, property taxes represent approximately 2.4% of the median household income of $69,567, providing context for the relative tax burden on homeowners in this area.

Under Michigan's Proposal A, your purchase reassesses the property to market value, ending the prior owner's capped growth structure. The Principle Residence Exemption (PRE) exempts primary residences from school operating taxes — submit your claim to the Kalkaska County Assessor by March 1 following your purchase to activate the exemption. Contact the Kalkaska County Assessor within 30 days of closing to request and file your PRE application before the March 1 deadline.