Saginaw, MI — income, home value, property tax, and sales tax.
In ZIP code 48602, which takes in part of Saginaw, households bring in a median of $46,984 a year, while per-capita income sits at $23,838. With homes valued at a median of $73,600, property taxes run at a county rate of 1.50%, an annual bill near $1,100 before exemptions. Add the 6.00% combined sales tax, and everyday purchases chip away at earnings that are already stretched. That leaves little slack in a monthly budget, so housing and food costs tend to shape spending decisions more than discretionary purchases do.
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