Lansing, MI — income, home value, property tax, and sales tax.
Households in ZIP code 49264, near Lansing, report a median income of $92,188, while per-capita income sits at $41,965. A median home value of $235,700 pairs with a county-level effective property tax rate of 1.83%, so property taxes on such a home would run roughly $4,300 annually. Adding the 6.00% combined sales tax means everyday purchases also carry a set cost. Together, these figures sketch a picture in which earnings are fairly strong against home prices, though the property tax rate takes a noticeable share of ownership costs each year.
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