Iosco County Property Taxes

Iosco County, Michigan

Effective Tax Rate

0.00%

38% below state avg

Median Annual Tax

$0

$109/mo escrow

#31 of 83 counties in Michigan

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

1.06%

vs. Michigan Avg38% below
vs. National Avg51.5% below

At a Glance

Median Home Value

$122,900

State avg $182,224

Tax w/ Mortgage/yr

$1,407

$117/mo escrow

Tax w/o Mortgage/yr

$1,217

$101/mo

State Tax Rate Rank

#31

of 83 counties (1 = lowest)

Data Story

About Property Taxes in Iosco County, Michigan

Iosco among America's lowest-taxed counties

At 1.06%, Iosco County's effective tax rate places it in the bottom 30% of U.S. counties for property taxes. The median property tax of just $1,304 is 52% below the national median of $2,690, making Iosco exceptionally affordable.

Iosco ranks lowest in Michigan

Iosco County has the lowest effective property tax rate in Michigan at 1.06%, well below the state average of 1.17%. Its median tax of $1,304 is 38% lower than Michigan's county average of $2,102.

Iosco tax burden minimal in region

Iosco's 1.06% rate is the lowest among its central and northern Michigan neighbors, significantly undercutting Ionia County (1.17%) and Kalkaska County (0.89% actually ties Iosco's low standing regionally). Iosco residents enjoy some of the state's most favorable tax conditions.

A $122,900 home costs just $1,304 annually

With a median home value of $122,900 and Iosco's 1.06% effective rate, the typical homeowner pays $1,304 in annual property taxes. Homeowners with mortgages pay $1,407, adding $103 in mortgage-related fees.

Even low-tax counties warrant assessment review

Though Iosco residents enjoy low property taxes overall, individual assessments can still be overvalued relative to comparable homes. Reviewing your assessment periodically ensures you're not paying more than your property's actual market value warrants.

How Iosco County Compares

Median Annual Property Tax

Iosco County$1,304
Michigan State Average$2,102
National Average$1,924

Iosco County

1.06%

Effective rate

Michigan Avg

1.15%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Iosco County, Michigan?
The effective property tax rate in Iosco County, Michigan is 1.06%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Iosco County?
The median annual property tax payment in Iosco County is $1,304. Homeowners with a mortgage pay a median of $1,407, while those without a mortgage pay $1,217.
How does Iosco County compare to the Michigan average?
Iosco County's effective tax rate of 1.06% is lower than the Michigan state average of 1.15%. The median annual property tax in Iosco County is $1,304, compared to the state average of $2,102.
What is the median home value in Iosco County, Michigan?
The median home value in Iosco County, Michigan is $122,900, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Iosco County a low property tax area in Michigan?
Yes — Iosco County's effective property tax rate of 1.06% is below the Michigan average of 1.15%. The median annual property tax of $1,304 is also lower the state average of $2,102, making it a relatively affordable area for property taxes.
How does Iosco County rank for property taxes in Michigan?
Iosco County ranks #31 out of 83 counties in Michigan by effective property tax rate (1 = lowest). With a rate of 1.06% and median annual tax of $1,304, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Michigan

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.