Algonac, MI — income, home value, property tax, and sales tax.
ZIP code 48023, centered on Algonac, sits squarely in middle-income territory. Households here earn a median of $70,469, while per-capita income reaches $41,009 — enough for a comfortable but not affluent standard of living. Homes carry a median value of $244,200, and the county-level property tax rate of 1.14% means owners pay roughly $2,784 annually on a house at that price. Sales tax runs 6.00%, a fairly standard rate. Taken together, this is a working- to middle-class community where housing costs and taxes stay proportionate to local earnings.
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