Schoolcraft County, Michigan Property Taxes
Census Bureau ACS property tax data for Michigan. Population: 3,262.
The median annual property tax in Schoolcraft County is $1,348, which is 36% lower than the Michigan state average and 30% below the national average. The effective tax rate is 1.09% on a median home value of $123,500. Property taxes represent 2.3% of the median household income in this county.
Median Annual Tax
$1,348
-36% vs State
-30% vs US
Median Home Value
$123,500
-32% vs State
-42% vs US
Effective Tax Rate
1.09%
-7% vs State
+15% vs US
With vs Without Mortgage
With Mortgage
$1,436
$120/mo
Without Mortgage
$1,261
$105/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 | $1,348 +3.5% | 1.09% |
| 2022 | $1,302 +1.6% | 1.01% |
| 2021 | $1,282 +4.2% | 1.03% |
| 2020 | $1,230 +4.6% | 1.08% |
| 2019 | $1,176 | 1.07% |
Tax Burden
Tax-to-Income Ratio
2.3%
of median household income
Median Income
$57,708
per year
Monthly Tax
$112
per month
Other Counties in Michigan
Alcona County
Tax: $1,322/yr Rate: 0.84%
Gladwin County
Tax: $1,813/yr Rate: 1.18%
Bay County
Tax: $2,205/yr Rate: 1.63%
Manistee County
Tax: $1,814/yr Rate: 1.09%
Lake County
Tax: $1,413/yr Rate: 1.15%
Livingston County
Tax: $3,269/yr Rate: 0.99%
Frequently Asked Questions
What is the average property tax in Schoolcraft County, Michigan? ▼
The median annual property tax in Schoolcraft County is $1,348 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.09% on a median home value of $123,500.
How does Schoolcraft County property tax compare to the national average? ▼
Property taxes in Schoolcraft County are 30% below the national average of $1,923. The effective rate of 1.09% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Schoolcraft County? ▼
In Schoolcraft County, homeowners with a mortgage pay a median of $1,436 in annual property taxes, while homeowners without a mortgage pay $1,261. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Schoolcraft County? ▼
Property taxes in Schoolcraft County represent approximately 2.3% of the median household income of $57,708. 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.