ZIP Code 49685

In ZIP code 49685, near Traverse City, homes carry a median value of $358,500, and the county-level effective property tax rate of 0.89% works out to roughly $3,190 a year for a home at that price. With median household income at $84,590, that tax bill equals about 3.8% of annual earnings. Per-capita income sits at $41,068. A combined sales tax rate of 6.00% applies to purchases. The relationship between what homes cost here and what households bring in shapes how comfortably buyers can carry both a mortgage and their annual property tax obligation.