Osceola County, Michigan Property Taxes
Census Bureau ACS property tax data for Michigan. Population: 7,594.
The median annual property tax in Osceola County is $1,478, which is 30% lower than the Michigan state average and 23% below the national average. The effective tax rate is 1.06% on a median home value of $139,600. Property taxes represent 2.6% of the median household income in this county.
Median Annual Tax
$1,478
-30% vs State
-23% vs US
Median Home Value
$139,600
-23% vs State
-34% vs US
Effective Tax Rate
1.06%
-9% vs State
+12% vs US
With vs Without Mortgage
With Mortgage
$1,592
$133/mo
Without Mortgage
$1,394
$116/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,478 +2.9% | 1.06% |
| 2022 | $1,436 +3.9% | 1.12% |
| 2021 | $1,382 +5.3% | 1.27% |
| 2020 | $1,312 +1.2% | 1.28% |
| 2019 | $1,297 | 1.32% |
Tax Burden
Tax-to-Income Ratio
2.6%
of median household income
Median Income
$57,050
per year
Monthly Tax
$123
per month
Other Counties in Michigan
Presque Isle County
Tax: $1,382/yr Rate: 1.02%
Alcona County
Tax: $1,322/yr Rate: 0.84%
Jackson County
Tax: $2,353/yr Rate: 1.29%
Genesee County
Tax: $2,417/yr Rate: 1.40%
Barry County
Tax: $2,706/yr Rate: 1.11%
Allegan County
Tax: $2,799/yr Rate: 1.13%
Frequently Asked Questions
What is the average property tax in Osceola County, Michigan? ▼
The median annual property tax in Osceola County is $1,478 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.06% on a median home value of $139,600.
How does Osceola County property tax compare to the national average? ▼
Property taxes in Osceola County are 23% below the national average of $1,923. The effective rate of 1.06% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Osceola County? ▼
In Osceola County, homeowners with a mortgage pay a median of $1,592 in annual property taxes, while homeowners without a mortgage pay $1,394. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Osceola County? ▼
Property taxes in Osceola County represent approximately 2.6% of the median household income of $57,050. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.