Iron County, MI property tax
Census ACS 2023 5-year estimates · updated 2026-09-20
The median effective property tax rate in Iron County is 1.44%, above the Michigan median of 1.28% and above the national median of 0.98%. The median homeowner pays $1,459 a year on a home worth $101,500.
- Effective rate
- 1.44%
- Median annual bill
- $1,459
- Median home value
- $101,500
- Rank in Michigan
- 11of 83
Estimated annual bill by home value
| Home value | Estimated bill | Per month |
|---|---|---|
| $200,000 | $2,880 | $240 |
| $300,000 | $4,320 | $360 |
| $400,000 | $5,760 | $480 |
| $500,000 | $7,200 | $600 |
| $750,000 | $10,800 | $900 |
| $1,000,000 | $14,400 | $1,200 |
Iron County compared with Michigan and the US
| Area | Effective rate | Median bill | Median home value |
|---|---|---|---|
| Iron County | 1.44% | $1,459 | $101,500 |
| Michigan median | 1.28% | $2,795 | $217,600 |
| United States median | 0.98% | $2,969 | n/a |
Rates and medians: U.S. Census Bureau, ACS 2023 5-year estimates, tables B25103 and B25077. Effective rate is median taxes paid divided by median owner-occupied home value.
Frequently asked questions
What is the property tax rate in Iron County, MI?
The median effective property tax rate in Iron County is 1.44% of home value, above the Michigan median of 1.28% and above the national median of 0.98%. The median homeowner pays $1,459 a year on a median home value of $101,500 (Census ACS 2023 5-year).
How much is property tax on a $400,000 house in Iron County?
About $5,760 per year at the county's median effective rate of 1.44%, before exemptions. The exact bill depends on the city, school district and special districts that serve the parcel, so treat this as a planning estimate.
How does Iron County compare with the rest of Michigan?
Iron County ranks 11 of 83 Michigan counties by effective rate. The Michigan median is 1.28% and the median bill is $2,795.