49753 Property Tax Rate

Property owners in ZIP code 49753 (Lachine, Michigan) pay a median of $1,249/year in property taxes on homes valued at $147,400. This translates to an effective tax rate of 0.85%, which is 31% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49753 is approximately $104, which factors into escrow payments on mortgages. This ZIP code is located within Alpena County. This is $1,177 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49753 has lower property taxes. ZIP codes with similar effective rates include 49031 (0.85%) and 48454 (0.85%).

In Lachine, property taxes represent approximately 2.2% of the median household income of $55,625, providing context for the relative tax burden on homeowners in this area.

Proposal A triggers market-value reassessment when you purchase, replacing the prior owner's capped-increase arrangement. The Principle Residence Exemption (PRE) reduces school operating taxes for owner-occupied homes — submit your application to the Alpena County Assessor by March 1 of the year after you buy. Contact the Alpena County Assessor immediately after closing to obtain and file your PRE application before the March 1 deadline.