Akron, MI — income, home value, property tax, and sales tax.
In ZIP code 48701, near Akron, homes carry a median value of $112,200, and the county's 1.21% effective property tax rate works out to roughly $1,358 in annual taxes on a home at that price. With median household income at $62,969 and per-capita income of $39,445, that tax bill equals about 2.2% of a typical household's yearly earnings. A 6.00% combined sales tax applies to purchases in the area. The gap between home prices here and the state or national median helps explain why buying remains within reach for many working households.
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