Monroe, MI — income, home value, property tax, and sales tax.
In ZIP code 48117, near Monroe, homes carry a median value of $298,100, and the county-level effective property tax rate of 1.16% works out to roughly $3,458 in annual taxes on such a home. With median household income at $78,942 and per-capita income at $40,571, that tax bill equals about 4.4% of household earnings. Sales tax of 6.00% applies to purchases. The relationship between what homes cost, what the levy takes, and what people earn shapes how comfortably ownership sits within reach here.
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