StateRates

Alcona County, Michigan property tax

The median homeowner in Alcona County, Michigan pays $1,322 a year in property tax on a home worth $157,500, an effective rate of 0.84%. The national effective rate is 0.98%.

Effective rate 0.84% #80 of 82 in Michigan
Median tax bill $1,322 per year
Median home value $157,500 owner-occupied
Median income $53,568 household

What the rate means here

Alcona County taxes property at 0.84%, within a rounding error of the national 0.98%. The median bill of $1,322 therefore tracks the median home value of $157,500 fairly directly, which is not true everywhere.

Inside Michigan it is among the lightest, ranking #80 of 82, against a statewide 1.28%. Ingham County, in the same state, charges 1.86%. Comparing states on property tax hides differences like that, which is why this site publishes counties.

The median home costs 2.94 times the median household income of $53,568, against 3.86 nationally, which is a comfortable ratio by American standards. 89.64% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 10,310 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,100 per year at 0.84%
$400,000 home $3,360 per year at 0.84%
$600,000 home $5,040 per year at 0.84%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Alcona County, Michigan against Michigan and the country
Alcona County Michigan United States
Effective property tax 0.84% 1.28% 0.98%
Median tax bill $1,322 $2,795 $2,969
Median home value $157,500 $217,600 $303,400
Median gross rent $790 $1,084 $1,348
Median household income $53,568 $71,149 $78,538
Home price to income 2.94× 3.06× 3.86×
Rent as share of income 17.7% 18.28% 20.6%
Owner-occupied 89.64% 72.92% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 10,310.

Nearby counties of similar size

Other Michigan counties
County Rate Median bill Home value
Mackinac County 1.04% $1,719 $165,600
Montmorency County 0.92% $1,309 $142,000
Iron County 1.44% $1,459 $101,500
Alger County 1.00% $1,652 $165,700
Oscoda County 0.94% $1,182 $126,000

Alcona County property tax: common questions

What is the property tax rate in Alcona County, Michigan?

The effective rate is 0.84% of home value, from a median tax bill of $1,322 against a median home value of $157,500. That is 0.14 points below the national 0.98%.

How much is property tax on a $400,000 home in Alcona County?

Roughly $3,360 a year at the county effective rate of 0.84%.

Is Alcona County expensive compared with the rest of Michigan?

It ranks #80 of 82 Michigan counties by effective property tax rate, and #1360 of 2,826 nationally. That is 0.44 points below the Michigan average of 1.28%.

What does housing cost in Alcona County?

The median home is worth $157,500 and median gross rent is $790 a month. Median household income is $53,568, which puts the home at 2.94 times annual income and rent at 17.7% of it.