49706 Property Tax Rate

Property owners in ZIP code 49706 (Alanson, Michigan) pay a median of $1,707/year in property taxes on homes valued at $208,500. This translates to an effective tax rate of 0.82%, which is 33% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49706 is approximately $142, which factors into escrow payments on mortgages. This ZIP code is located within Emmet County. This is $719 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49706 has higher property taxes. ZIP codes with similar effective rates include 49410 (0.82%) and 49872 (0.82%).

In Alanson, property taxes represent approximately 2.7% of the median household income of $63,573, providing context for the relative tax burden on homeowners in this area.

Proposal A reassesses your home to market value upon purchase, eliminating the inflation-only increases the prior owner received. The Principle Residence Exemption (PRE) removes school operating taxes from owner-occupied primary residences — file with the Emmet County Assessor by March 1 of the year after you buy. Request your PRE form from the Emmet County Assessor within 60 days of closing and submit it before March 1 to ensure school tax savings are applied.