Beaver Island, MI — income, home value, property tax, and sales tax.
In ZIP code 49770, which takes in Beaver Island, households bring in a median income of $79,590, while per-capita income sits at $50,101. With a median home value of $355,200 and a county property tax rate of 0.83%, annual property taxes would run about $2,948 before any exemptions. Sales tax across the area totals 6.00%, so everyday purchases carry a steady cost. Taken together, the earnings here support a comfortable margin above the housing and tax obligations, though the gap between median household income and per-capita income hints at varying household sizes and earning patterns.
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