Beaver Island, MI — income, home value, property tax, and sales tax.
Households in the Beaver Island area (ZIP 49782) bring in a median of $75,938, while per-capita income reaches $48,984. With median home values at $360,800 and a county property tax rate of 0.90%, annual property taxes run near $3,247 — a meaningful line in any budget, though the income base helps absorb it. A combined sales tax of 6.00% applies to purchases. The gap between median household and per-capita figures hints at varied household sizes and earners across the island, so actual tax loads will differ, but the overall picture is one of solid earnings against real housing costs.
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