49684 Property Tax Rate
Traverse City, Michigan · Part of Leelanau County
Effective Tax Rate
0.92%
41.9% above state avgMedian Annual Tax
$3,443
$287/mo escrow
Estimate Your Tax
Annual Tax
$3,443
Monthly
$287
Eff. Rate
0.92%
Buyer decision brief
What ZIP 49684 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
$287/mo
Based on median annual tax paid
State context
0.30 percentage points below the Michigan average
Michigan average: 1.22%
Data confidence
High confidenceThe Census margin of error is $302, about 9% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Leelanau 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 49684 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
$302 tax MOE, 9% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Leelanau County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 49684
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 $375,700, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.92%, 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 $287 per month before insurance, HOA dues, or special assessments.
Assessor verification
Leelanau County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 49684 Compares
Median Annual Property Tax
ZIP 49684
0.92%
Effective rate
Michigan Avg
1.22%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Michigan
Lower than 85% of ZIP codes in Michigan(15th percentile, 957 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 49684
Property owners in ZIP code 49684 (Traverse City, Michigan) pay a median of $3,443/year in property taxes on homes valued at $375,700. This translates to an effective tax rate of 0.92%, which is 25% below the Michigan state average of 1.22%.
The monthly property tax burden for a median-valued home in 49684 is approximately $287, which factors into escrow payments on mortgages. This ZIP code is located within Leelanau County. This is $1,017 more than the Michigan average of $2,426/year.
Compared to similar ZIP codes in Michigan, 49684 has lower property taxes. ZIP codes with similar effective rates include 48750 (0.92%) and 49756 (0.92%).
In Traverse City, property taxes represent approximately 4.5% of the median household income of $75,678, providing context for the relative tax burden on homeowners in this area.
Under Proposal A, your purchase triggers reassessment to market value, ending the prior owner's capped annual increases. The Principle Residence Exemption (PRE) removes school operating taxes from primary residences — file your claim with the Leelanau County Assessor by March 1 of the year after you buy. Contact the Leelanau County Assessor within 30 days of closing to obtain your PRE application and ensure it is filed before the March 1 deadline.
Frequently Asked Questions
What is the property tax rate in ZIP code 49684?
How much are property taxes in Traverse City, MI (49684)?
How does ZIP 49684 compare to the Michigan average?
What is the median home value in ZIP 49684?
What county is ZIP code 49684 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$302. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 49684 is part of Leelanau County, Michigan. View the full county profile for broader context and more data.
View Leelanau County on TaxByCounty →Explore Traverse City, MI
View all 4 ZIP codes in Traverse City with property tax comparisons.
View Traverse City Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 49684
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
49685
Traverse City, MI
Same city name, different county context: Grand Traverse County.
Rate
0.96%
Tax
$2,964
Quality
89
49686
Traverse City, MI
Same city name, different county context: Grand Traverse County.
Rate
1.19%
Tax
$3,517
Quality
89
49696
Traverse City, MI
Same city name, different county context: Grand Traverse County.
Rate
0.93%
Tax
$2,696
Quality
89
49654
Leland, MI
0.49 percentage points lower than ZIP 49684.
Rate
0.43%
Tax
$2,973
Quality
72
49674
Omena, MI
0.46 percentage points lower than ZIP 49684.
Rate
0.45%
Tax
$2,922
Quality
78
49664
Maple City, MI
0.31 percentage points lower than ZIP 49684.
Rate
0.61%
Tax
$2,646
Quality
89
49636
Glen Arbor, MI
0.30 percentage points lower than ZIP 49684.
Rate
0.61%
Tax
$4,563
Quality
89
49653
Lake Leelanau, MI
0.28 percentage points lower than ZIP 49684.
Rate
0.64%
Tax
$3,394
Quality
84
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.