Property Tax & Income in Monroe County, Michigan
Monroe County has an effective property tax rate of 1.16%. On the median home value of $228,900, that's roughly $2,648 per year. Median household income is $77,335.
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 | Monroe County | Michigan (state context) |
|---|---|---|
| Effective property tax rate1 | 1.16% | 1.09% |
| Median home value1 | $228,900 | — |
| 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 Monroe County, MI
Monroe County's effective property tax rate of 1.157% sits above Michigan's statewide median of 1.087%, placing it thirtieth among the state's 83 counties. That ranking puts the county in the upper-middle tier for Michigan, where rates already tend to run higher than much of the country. The gap with the national median of 0.794% is wider still, meaning homeowners around Monroe, Carleton, and Dundee pay a larger share of their property's value each year than the average American. On a median home value of $228,900, that works out to an annual tax bill of $2,648. With median household income at $77,335 and per-capita income at $40,470, the tax load is meaningful but not out of step with what many Michigan communities assess. Buyers comparing Monroe County against lower-tax markets elsewhere should expect somewhat higher carrying costs.