49896 Property Tax Rate

Property owners in ZIP code 49896 (Wilson, Michigan) pay a median of $1,220/year in property taxes on homes valued at $165,300. This translates to an effective tax rate of 0.74%, which is 40% below the Michigan state average of 1.22%.

The monthly property tax burden for a median-valued home in 49896 is approximately $102, which factors into escrow payments on mortgages. This ZIP code is located within Menominee County. This is $1,206 less than the Michigan average of $2,426/year.

Compared to similar ZIP codes in Michigan, 49896 has higher property taxes. ZIP codes with similar effective rates include 49066 (0.73%) and 48721 (0.74%).

In Wilson, property taxes represent approximately 2.1% of the median household income of $56,979, providing context for the relative tax burden on homeowners in this area.

Menominee County properties reassess to purchase price at sale under Proposal A, with subsequent annual growth capped at the lesser of 5% or inflation. File the Principle Residence Exemption (PRE) with the Menominee County Assessor within 45 days of closing—this exemption removes school operating taxes from your primary residence, typically saving owners $400–$800 annually. Obtain your property record from the Menominee County Assessor to verify PRE exemption status and confirm the base year assessment.