Iron Mountain, MI — income, home value, property tax, and sales tax.
In ZIP code 49877, near Iron Mountain, homes carry a median value of $137,500 while the county-level effective property tax rate sits at 1.26%. That combination yields a yearly property tax bill of roughly $1,733. With median household income at $81,458, that tax equals about 2.1% of a typical household's annual earnings, a share that leaves room in the budget for other expenses. Per-capita income reaches $49,570. A 6.00% combined sales tax applies to purchases in the area, adding a separate cost that residents weigh alongside housing expenses.
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