Property Tax & Income in Missaukee County, Michigan
Missaukee County has an effective property tax rate of 0.98%. On the median home value of $170,400, that's roughly $1,675 per year. Median household income is $66,194.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Missaukee County | Michigan (state context) |
|---|---|---|
| Effective property tax rate1 | 0.98% | 1.09% |
| Median home value1 | $170,400 | — |
| State income tax3 | top rate 4.25% | top rate 4.25% |
| State sales tax3 | 6.00% combined | 6.00% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Missaukee County, MI
In Missaukee County, Michigan, the median home value sits at $170,400, and the annual property tax bill on such a home comes to about $1,675. That works out to an effective rate of 0.983%, which lands below Michigan's statewide median of 1.087% and places the county 61st among the state's 83 counties. Buyers weighing Lake City and the surrounding towns of Falmouth and Mc Bain will find that lower rate paired with household incomes averaging $66,194, while per-capita income reaches $32,706. Compared with the national median effective rate of 0.794%, Missaukee County's taxes run somewhat higher, though its housing prices remain well under many metro markets. The combination of affordable home values and a rate below the state average shapes what ownership costs look like here.