49648 Property Tax Rate

Property owners in ZIP code 49648 (Kewadin, Michigan) pay a median of $3,693/year in property taxes on homes valued at $506,400. This translates to an effective tax rate of 0.73%, which is 40% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49648 is approximately $308, which factors into escrow payments on mortgages. This ZIP code is located within Antrim County. This is $1,267 more than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49648 has lower property taxes. ZIP codes with similar effective rates include 49066 (0.73%) and 49840 (0.72%).

In Kewadin, property taxes represent approximately 4.1% of the median household income of $90,952, 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 prior owner's capped annual increase privilege. The Principle Residence Exemption (PRE) removes your primary residence from school operating tax assessments — apply with the Antrim County Assessor by March 1 of the year after you buy. Request your PRE form from the Antrim County Assessor immediately after closing and file it by the March 1 deadline to avoid losing the exemption for that tax year.