Operating Costs & Financing
Elk Rapids property taxes are below the county average by 0.43 percentage points. Average Loan-to-Value is 65.0%.
Effective Property Tax
$21.92 per sq ft
Tax Rate (average for all types)
1.89%
Tax Rate vs County Average
0.43 pp below county avg
Avg Loan-to-Value
65.0%
Leading Commercial Asset Segments
Elk Rapids Demographics Overview
Population
2,037
Population Growth (5Y)
+0.1%
Median Household Income
$74,318
College Educated
62.2%
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