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What Is the Property Tax Rate in Sedona Arizona

2020 State Sales Tax: You will notice a discrepancy between the two sales tax rates. In Arizona, cities generate revenue through sales tax. Since the Village of Oak Creek and Big Park are not incorporated into the county, they do not have municipal sales taxes. Zip Code 86336, City of Sedona 9.85% combined (state 5.6%, county 0.75%, city 3.5%)zip code 86351, Oak Creek Village & Big Park 6.35% combined (state 5.6%, county 0.75%)Property taxesWe usually tell people to plan about 1% of the value. In addition to the tax rate, other factors may also come into play, such as the Sedona Fire District.Property tax is the FCV or the full cash value assessment. However, if the property is your principal residence, you would pay the lower value of the LPV or property. There`s also a percentage cap so your taxes can`t be raised too much in a year. I`m not sure what it is, but it`s weak. Yavapai County Property Taxes The average tax rate is 0.727% of the estimated value. Call the Evaluators` Office for more information. (928) 639-8121 www.yavapai.us/assessor/ | Link to Yavapai GIS Tax InformationCoconino County Property Taxes: The average tax rate is 0.645% of the estimated value.

Call the Evaluators` Office for more information. (928) 679-7962 www.coconino.az.gov/119/Assessor | Link to Coconino GIS Tax Info For more localized property tax rates, see the Arizona Property Tax Map on the Arizona Property Tax Map on the left, or the list of counties below. Go to county list ► The typical Arizona homeowner pays only $1,578 per year in property taxes, saving $1,000 compared to the national average. Property taxes in Arizona are paid in two semi-annual installments, one on October 1 of the current tax year and the other on March 1 of the following year. It is difficult to determine the amount of your property tax. Indeed, this rate depends on where you live. For example, factors such as community colleges, schools, city and bond issues, etc., can affect the rate in a particular region. The tax rate is often the complication of state, county, special district, school and municipal rates. Tax rates are calculated annually by tax authorities based on their financing needs and tax base. This means that prices can change every year. However, for homes, the total primary tax rate between all counties is capped at 1% of the limited value of the property. If your total rate exceeds this amount, your school district`s taxes will be reduced and the state will cover the difference.

The exact property tax depends on the Arizona county where the property is located. Pima County collects the highest property tax in Arizona, averaging $1,614.00 (0.81% of median home value) per year, while Greenlee County has the lowest property tax in the state, charging an average tax of $303.00 (0.46% of median home value) per year. Property taxes are levied at the county level, and each county in Arizona has its own method of assessing and collecting taxes. Therefore, it is not possible to provide a single property tax rate that applies uniformly to all properties in Arizona. Your county property tax inspector will send you an invoice with the exact amount of property tax you owe each year. Yavapai County is located north of Phoenix and is home to the City of Prescott as well as many national forests and wilderness areas. The county offers residents abundant natural beauty and low property tax rates. The average effective property tax rate in Yavapai County is only 0.58%. As mentioned above, property taxes are a way to generate revenue from property owners in an area to provide the funds needed to run municipal, regional and state infrastructure, schools and government offices. Property taxes consist of a few elements, namely county assessor assessments, legislature legal class codes, and the tax sovereignty tax rate, also known as the mill levy. Arizona is a bit more complicated in terms of the estimated value of the part of the equation, as the state has two ways to calculate that number, total cash value and limited real estate value. We can compare the current valuation of your property with similar properties in Arizona and tell you if you have been overvalued.

If you have been overvalued, we can help you file a tax appeal. Property tax rates in Pima County are the second highest of any county in Arizona. The average effective property tax rate in Pima County is 1.01%. That`s higher than the national average, and the typical Pima County homeowner pays $1,753 a year in property taxes, which is also higher than the national average. Cochise County is located in the southeastern part of the state of Arizona, on the border with New Mexico and Mexico. The county has tax rates close to the state average, but they vary depending on where you live and even more depending on the school district. Cochise County cities charge primary prices, meaning that when combined with city and county rates, they cannot exceed 1% overall for owner-occupied properties. Even homeowners whose tax rate is below the 1% limit receive a state benefit if they live in their home. In this case, condos benefit from an owner rebate of 40% of school taxes, up to a maximum of $600 per year. This reduction and the 1% cap mentioned above keep Arizona`s property taxes relatively low. The following table shows the effective property tax rates in each county in Arizona.

Mohave County is the fifth largest county in the United States. It also has some of the lowest property taxes. The median annual tax payment in Mohave County is only $952, which is about half the national average and lower than the state average. The average effective property tax rate in the county is 0.63%. The median property tax in Arizona is $1,356.00 per year for a home valued at $187,700.00. Arizona counties charge an average of 0.72% of a property`s estimated fair market value as property tax per year. If you still don`t know where you stand on a tax front or even how to estimate how much to expect, you don`t have to worry. You can contact the tax offices in Yavapai County and Coconino County and ask them for more specific information. Each county also has specific tax information about that county, such as detailed maps available to current or future residents. You can find this information here for Yavapai County and here for Coconino County. Admittedly, estimating property taxes is confusing and not the most pleasant task in the world.

Hopefully, the above information has helped simplify the whole process. A good rule of thumb is that most homes in Arizona are taxed between 0.87% and 1.5% of your home`s market value before rebates and exemptions. To put this in real context, let`s say your home in Arizona is valued at $200,000. If your property taxes are 1.3%, that means you can expect to pay $2,600 per year in property taxes. Most experts agree that planning for about 1% of your home`s value would allow you to determine your actual property tax rate. The statistics provided here are at the national level. For more localized statistics, see the Arizona Property Tax Map or the list of counties on this page. Arizona is number thirty-one of fifty states, in order of average property taxes collected. While the exact property tax rate you pay varies by county and is determined by the local property tax inspector, you can use the free Arizona Property Tax Estimator tool to calculate your approximate annual property tax based on median property tax rates throughout Arizona. Coconino County, which covers north-central Arizona, has the highest median home value of any county in the state at $261,300. Although the average effective tax rate is relatively low at 0.59%, the actual payments are among the highest in the state.

The typical Coconino County homeowner pays $1,535 a year in property taxes. However, this is still well below the national average of $2,578. Coconino County Property Taxes: The average tax rate is 0.645% of the estimated value. Call the Evaluators` Office for more information. The typical Navajo County homeowner pays $913 a year in property taxes, less than half the national average. This is due in part to the relatively low value of the county`s homes. The median is only $118,800. However, even taking this into account, the rates are quite low. The median effective tax rate in Navajo County is 0.77%. Statistics show that about 25% of homes in America are unfairly overvalued, paying an average of $1,346 too much in property taxes each year. Tax rates are applied to estimates. The residential real estate valuation rate in Arizona is 10%.

This means that the estimated values correspond to 10% of the LPV. A handful of numbers are used to calculate property taxes on each property in Arizona. The first is the current monetary value of your home. Arizona counties charge a full cash value for each home in the county, often based on the sale prices of comparable homes nearby. Keep in mind that property appraisals are done on properties and our calculators cannot account for specific characteristics of your property that could result in property taxes that differ from the average in your area. Instead, Tax-Rates.org offers property tax statistics based on taxes owed on millions of properties in Arizona. These statistics allow you to easily compare relative property taxes in different regions and see how your property taxes compare to taxes on similar homes in Arizona. We usually tell people to plan with 1% of the value. In addition to the tax rate, other factors may also come into play. Yavapai County Property Taxes The average tax rate is 0.727% of the estimated value.

Call the Evaluators` Office for more information.