49759 Property Tax Rate

Property owners in ZIP code 49759 (Millersburg, Michigan) pay a median of $1,403/year in property taxes on homes valued at $164,600. This translates to an effective tax rate of 0.85%, which is 30% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49759 is approximately $117, which factors into escrow payments on mortgages. This ZIP code is located within Presque Isle County. This is $1,023 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49759 has lower property taxes. ZIP codes with similar effective rates include 49740 (0.85%) and 49670 (0.85%).

In Millersburg, property taxes represent approximately 2.5% of the median household income of $56,938, providing context for the relative tax burden on homeowners in this area.

Under Proposal A, your property uncaps to market value at purchase and then increases annually at the lesser of 5% or CPI, capping your long-term growth. The Principle Residence Exemption (PRE) available through Presque Isle County Assessor removes school operating taxes from your primary residence—file this exemption immediately after closing to qualify for the current tax year. Obtain a copy of your assessment notice from the Presque Isle County Assessor's office to confirm the purchase-price base year and monitor future annual increases.