How much are property taxes in Iron Mountain, MI?

Homeowners in Iron Mountain, MI pay a median of $2,060 (±$251) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $2,297.

Homes without a mortgage pay a median of $1,863.

That is about 1.5% of the median home value of $141,600.

In Iron Mountain, the median real estate tax went from $1,771 in 2015–2019 to $2,060 in 2020–2024 (+16.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median real estate taxes
$2,060 (±$251)
With a mortgage
$2,297
Without a mortgage
$1,863
Share of median value
1.5%

Real estate taxes in Iron Mountain against Dickinson County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Iron MountainDickinson CountyMichiganUnited States
Median real estate taxes$2,060 (±$251)$1,940 (±$99)$2,904 (±$9)$3,119
Homes with a mortgage$2,297 (±$355)$2,241 (±$157)$3,152 (±$13)$3,489
Homes without a mortgage$1,863 (±$214)$1,736 (±$119)$2,593 (±$13)$2,576
Median home value$141,600 (±$27,184)$153,300 (±$8,586)$231,600 (±$642)$332,700

In Iron Mountain, the median real estate tax is not measurably different from Dickinson County ($1,940).

It is also lower than in Michigan ($2,904).

It is lower than the national figure ($3,119).

In Dickinson County, Iron Mountain ranks 5 of 10 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 783 of 1,520.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Iron Mountain

The median tax ($2,060) is 1.5% of the median home value ($141,600).

Across Dickinson County the same ratio is 1.3%.

Across Michigan it is 1.3%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Iron Mountain have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$1,771 (±$145)$2,060 (±$251)+16.3%No measurable change after inflation
Median home value$85,800 (±$8,856)$141,600 (±$27,184)+65.0%Up after inflation
Median owner cost with a mortgage$918 (±$83)$1,100 (±$80)+19.8%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Iron Mountain

Nearest places with a published estimate, compared with Iron Mountain
PlaceDistanceMedian real estate taxesCompared with this place
Iron Mountain—$2,060 (±$251)—
Kingsford2.4 mi$2,238 (±$254)Not measurably different
Breitung Charter Township3.9 mi$1,910 (±$196)Not measurably different
Niagara4.3 mi$1,536 (±$169)Lower
Town of Aurora (Florence County)5.4 mi$1,993 (±$336)Not measurably different
Norway7.3 mi$1,393 (±$165)Lower
Norway Township9.1 mi$2,430 (±$492)Not measurably different
Town of Commonwealth9.3 mi$1,879 (±$203)Not measurably different
Town of Niagara9.4 mi$1,792 (±$245)Not measurably different

Nearby places with a measurably lower figure: Niagara, WI ($1,536), Norway, MI ($1,393).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Dickinson County, place by place

RankPlaceMedian real estate taxes
1West Branch Township (Dickinson County)$2,462 (±$284)
2Norway Township$2,430 (±$492)
3Kingsford$2,238 (±$254)
4Waucedah Township$2,148 (±$296)
5Iron Mountain$2,060 (±$251)
6Breitung Charter Township$1,910 (±$196)
7Sagola Township$1,588 (±$178)
8Norway$1,393 (±$165)
9Felch Township$1,301 (±$307)
10Breen Township$967 (±$423)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Iron Mountain

How much are property taxes in Iron Mountain?

The median real estate tax paid by homeowners in Iron Mountain, MI is $2,060 (±$251) a year (2020–2024 American Community Survey).

What is the property tax rate in Iron Mountain?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.5% of the median home value in Iron Mountain, and the actual rate is set by the town, county and school district.

Have property taxes in Iron Mountain gone up?

In Iron Mountain, the median real estate tax went from $1,771 in 2015–2019 to $2,060 in 2020–2024 (+16.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in Iron Mountain higher than in Dickinson County?

In Iron Mountain, the median real estate tax is not measurably different from Dickinson County ($1,940).

It is also lower than in Michigan ($2,904).

It is lower than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Iron Mountain city, Michigan (place:40960, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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