49649 Property Tax Rate

Property owners in ZIP code 49649 (Kingsley, Michigan) pay a median of $1,961/year in property taxes on homes valued at $246,900. This translates to an effective tax rate of 0.79%, which is 35% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49649 is approximately $163, which factors into escrow payments on mortgages. This ZIP code is located within Grand Traverse County. This is $465 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49649 has lower property taxes. ZIP codes with similar effective rates include 49751 (0.80%) and 49616 (0.79%).

In Kingsley, property taxes represent approximately 2.7% of the median household income of $73,021, providing context for the relative tax burden on homeowners in this area.

Proposal A reassesses your home to current market value upon purchase, eliminating the previous owner's inflation-capped increase structure. The Principle Residence Exemption (PRE) exempts primary residences from school operating taxes — apply to the Grand Traverse County Assessor by March 1 of the year following purchase. Request a PRE application from the Grand Traverse County Assessor immediately after closing and submit it before March 1 to activate school tax savings.