Osceola County, Michigan property tax
The median homeowner in Osceola County, Michigan pays $1,478 a year in property tax on a home worth $139,600, an effective rate of 1.06%. The national effective rate is 0.98%.
What the rate means here
Osceola County taxes property at 1.06%, within a rounding error of the national 0.98%. The median bill of $1,478 therefore tracks the median home value of $139,600 fairly directly, which is not true everywhere.
It ranks #55 of 82 Michigan counties by effective rate, against a statewide 1.28%, and #920 nationally. The state runs from 1.86% in Ingham County down to 0.70% in Leelanau County.
The median home costs 2.45 times the median household income of $57,050, against 3.86 nationally, which is a comfortable ratio by American standards. 83.71% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 23,122 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
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Osceola County | Michigan | United States | |
|---|---|---|---|
| Effective property tax | 1.06% | 1.28% | 0.98% |
| Median tax bill | $1,478 | $2,795 | $2,969 |
| Median home value | $139,600 | $217,600 | $303,400 |
| Median gross rent | $764 | $1,084 | $1,348 |
| Median household income | $57,050 | $71,149 | $78,538 |
| Home price to income | 2.45× | 3.06× | 3.86× |
| Rent as share of income | 16.07% | 18.28% | 20.6% |
| Owner-occupied | 83.71% | 72.92% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 23,122.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Menominee County | 1.03% | $1,470 | $142,700 |
| Leelanau County | 0.70% | $2,856 | $406,900 |
| Roscommon County | 1.05% | $1,552 | $148,000 |
| Antrim County | 0.91% | $2,033 | $222,500 |
| Manistee County | 1.09% | $1,814 | $166,600 |
Osceola County property tax: common questions
What is the property tax rate in Osceola County, Michigan?
The effective rate is 1.06% of home value, from a median tax bill of $1,478 against a median home value of $139,600. That is 0.08 points above the national 0.98%.
How much is property tax on a $400,000 home in Osceola County?
Roughly $4,240 a year at the county effective rate of 1.06%.
Is Osceola County expensive compared with the rest of Michigan?
It ranks #55 of 82 Michigan counties by effective property tax rate, and #920 of 2,826 nationally. That is 0.22 points below the Michigan average of 1.28%.
What does housing cost in Osceola County?
The median home is worth $139,600 and median gross rent is $764 a month. Median household income is $57,050, which puts the home at 2.45 times annual income and rent at 16.07% of it.