ZIP Code 97118

In ZIP code 97118, which takes in Bay City, households earn a median of $53,828 a year, while per-capita income comes to $32,381. A median home value of $344,700 pairs with a county property tax rate of 0.60%, which works out to roughly $2,068 annually for a home at that price. That leaves the rest of a paycheck to cover everyday costs, and since the combined sales tax rate here is 0.00%, purchases aren't adding anything on top. Housing and property taxes together shape the budget more than consumption taxes do in this area.