ZIP Code 49633

In ZIP 49633, near Traverse City, homes carry a median value of $189,700, and the county's 0.87% effective property tax rate works out to roughly $1,650 a year on such a home. With median household income at $73,681, that tax equals about 2.2% of annual earnings, a share many owners can absorb without straining. Per-capita income sits at $42,820. A 6.00% combined sales tax applies to purchases. The relationship between earnings and housing costs here leaves room in most budgets, though individual experience varies with mortgage terms and household size.