Property Tax & Income in Schoolcraft County, Michigan
Schoolcraft County has an effective property tax rate of 0.99%. On the median home value of $141,800, that's roughly $1,407 per year. Median household income is $56,782.
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 | Schoolcraft County | Michigan (state context) |
|---|---|---|
| Effective property tax rate1 | 0.99% | 1.09% |
| Median home value1 | $141,800 | — |
| 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 Schoolcraft County, MI
Buying a home in Schoolcraft County comes with a lower tax rate than most of Michigan—0.992%, compared with the statewide median of 1.087%. That difference matters on a median home value of $141,800, where the annual real-estate tax bill works out to about $1,407. The county ranks 59th of 83 Michigan counties by effective rate, so it sits toward the cheaper end for property taxes. Home prices here are also undeniably affordable, which keeps the upfront cost of buying within reach for households earning around the median income of $56,782. Per-capita income stands at $37,006. Gulliver, the county's principal town, anchors a rural market where a combination of low home values and below-average tax rates can ease the ongoing expense of ownership.