Richmond, Michigan — Tax Burden
What is the tax burden in Richmond, Michigan?
Richmond, Michigan has a total tax burden of 11.41%, ranking #2409 nationally. Property tax rate: 1.50%, state income tax: 4.250%, sales tax: 6.00%. Median household income is $64,154.
Source: US Census ACS, 2022
Ranked #2409 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
11.41%
Rank: 2409th nationally
Property Tax Rate
1.50%
Rank: 1933rd nationally
Income Tax Rate
4.250%
Michigan state rate
Sales Tax Rate
6.00%
State + local combined
Tax Burden Breakdown
Property (45%)Income (37%)Sales (17%)
Median Income: $64,154
Median Home Value: $221,500
Median Property Tax: $3,322/yr
Population: 5,852