Monroe, MI — income, home value, property tax, and sales tax.
Households in ZIP code 48140, near Monroe, report a median income of $109,257, while per-capita income sits at $37,739. A median home value of $288,400 pairs with a county effective property tax rate of 1.16%, so property taxes on such a home would run roughly $3,345 a year. The combined sales tax rate is 6.00%, applying to purchases made in the area. Together, these figures sketch a community where earnings run above the national middle and housing costs carry a property tax load that shapes the annual budget alongside everyday sales tax.
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