Saginaw, MI — income, home value, property tax, and sales tax.
In ZIP code 48601, which takes in part of Saginaw, homes are valued at a median of $62,800 while households bring in $38,900 a year and per-capita income sits at $21,720. Saginaw County applies an effective property tax rate of 1.50%, so a home at that median value carries roughly $942 in yearly taxes — about 2.4% of median household income. Combined with a 6.00% sales tax, that leaves a housing market where purchase prices stay within reach, though the tax load still claims a noticeable share of what people earn.
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