Monroe, MI — income, home value, property tax, and sales tax.
In ZIP code 48162, which covers Monroe, households bring in a median of $67,876 a year, while per-capita income sits at $36,647. A median home value of $200,200 pairs with a county property tax rate of 1.16%, which works out to roughly $2,320 in annual property taxes on that median home. Add a 6.00% combined sales tax on purchases, and the earnings picture leaves room for both housing costs and everyday spending, though the split between the two depends on how much a given household buys.
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