ZIP Code 48197

In ZIP 48197, near Ann Arbor, homes carry a median value of $294,500 while the county's effective property tax rate sits at 1.52%, translating into a yearly bill of roughly $4,476 for a median-priced house. Households here earn a median of $73,737, so property taxes absorb about 6.1% of that income — a meaningful slice of the annual budget. Per-capita income reaches $40,558. A 6.00% combined sales tax applies to purchases. Buyers weighing a move here should factor the tax bill alongside mortgage costs, since the gap between home prices and earnings shapes what stays within reach.