Iron County Property Taxes
Iron County, Michigan
Effective Tax Rate
0.00%
30.6% below state avgMedian Annual Tax
$0
$122/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
1.44%
At a Glance
Median Home Value
$101,500
State avg ▼ $182,224
Tax w/ Mortgage/yr
$1,780
$148/mo escrow
Tax w/o Mortgage/yr
$1,247
$104/mo
State Tax Rate Rank
#73
of 83 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Iron County, Michigan
Iron County taxes above national average
Iron County's effective tax rate of 1.44% significantly exceeds the national median of 1.10%, placing it in the top 35% of U.S. counties. Though the median property tax of $1,459 runs 46% below the national median of $2,690, the rate itself remains elevated nationally.
Iron ranks high among Michigan counties
Iron County's effective rate of 1.44% ranks among Michigan's highest, surpassing the state average of 1.17% by a significant margin. The median tax of $1,459 is 31% above Michigan's average of $2,102, despite lower home values.
Iron's rate stands elevated in Upper Peninsula
Iron County's 1.44% rate exceeds nearby Iosco County (1.06%) and Kalkaska County (0.89%) by substantial margins. Among remote Upper Peninsula counties, Iron maintains one of the more aggressive property tax positions.
A $101,500 home costs $1,459 annually
With a median home value of $101,500 and Iron's 1.44% effective rate, the typical homeowner pays $1,459 in annual property taxes. Homeowners with mortgages pay $1,780, an additional $321 due to mortgage-related assessments.
Iron residents should check their assessments
In counties with elevated effective rates like Iron, overassessment is particularly costly for homeowners. Filing a formal appeal to challenge your property's assessed value could significantly reduce your annual tax bill.
How Iron County Compares
Median Annual Property Tax
Iron County
1.44%
Effective rate
Michigan Avg
1.15%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Iron County, Michigan?
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How does Iron County compare to the Michigan average?
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Why is Iron County property tax rate higher than the Michigan average?
How does Iron County rank for property taxes in Michigan?
Counties with Similar Tax Rates
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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.