Petoskey, Michigan — Tax Burden
Ranked #2762 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
10.92%
Rank: 2762nd nationally
Property Tax Rate
1.28%
Rank: 2426th nationally
Income Tax Rate
4.250%
Michigan state rate
Sales Tax Rate
6.00%
State + local combined
Tax Burden Breakdown
Property (43%)Income (39%)Sales (18%)
Median Income: $69,784
Median Home Value: $256,400
Median Property Tax: $3,275/yr
Population: 5,859