Algonac, MI — income, home value, property tax, and sales tax.
In ZIP code 48049, near Algonac, homes carry a median value of $235,700, and the county-level effective property tax rate of 1.14% translates to roughly $2,687 in annual taxes on a home at that price. Households here earn a median of $84,028, so property taxes would absorb about 3.2% of that income, while per-capita income sits at $42,947. Combined with a 6.00% sales tax rate, the overall cost of living leans on earned income in a way that keeps ownership within reach for many working households in the area.
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