ZIP Code 49696

Households in ZIP code 49696, near Traverse City, report a median income of $94,803, with per-capita income at $41,663. A median home value of $306,100 pairs with a county property tax rate of 0.89%, so annual property taxes on such a home come to roughly $2,724. Sales tax in the area totals 6.00%, applying to everyday purchases. Together these figures sketch a local economy where earnings run above many parts of Michigan, home prices sit at a mid-to-upper tier, and both tax rates stay below what many comparable markets charge.