Owosso, Michigan — Tax Burden
What is the tax burden in Owosso, Michigan?
Owosso, Michigan has a total tax burden of 10.05%, ranking #3438 nationally. Property tax rate: 1.74%, state income tax: 4.250%, sales tax: 6.00%. Median household income is $51,794.
Source: US Census ACS, 2022
Ranked #3438 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
10.05%
Rank: 3438th nationally
Property Tax Rate
1.74%
Rank: 1373rd nationally
Income Tax Rate
4.250%
Michigan state rate
Sales Tax Rate
6.00%
State + local combined
Tax Burden Breakdown
Property (38%)Income (42%)Sales (20%)
Median Income: $51,794
Median Home Value: $113,700
Median Property Tax: $1,977/yr
Population: 14,678