ZIP Code 49686

Traverse City, MI — income, home value, property tax, and sales tax.

Median household income
$71,609
Per-capita income
$50,606
Median home value
$339,400
Property tax rate
0.89%
Combined sales tax
6.00%

In ZIP code 49686, which covers Traverse City, households earn a median of $71,609, while per-capita income reaches $50,606. With a median home value of $344,700, property taxes run about $3,068 annually at the county's 0.89% rate, a figure that eats into take-home pay but stays below what many higher-tax regions demand. Sales taxes add 6.00% to most purchases. Together these costs shape a budget where housing claims a meaningful share of earnings, yet the income level leaves room for other expenses and saving.

See how Traverse City, MI taxes stack up

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