Lupton, Arizona Property Taxes
The median property tax rate in Lupton, AZ is 0.81%, slightly below the national median of 0.99% but higher than the Arizona state median of 0.56%. With the median home value in Lupton at $95,276, the typical annual property tax bill amounts to $693, which is considerably lower than the national median of $2,690. Property taxes in Lupton are calculated based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Lupton's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Lupton or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lupton, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$772
Ownwell’s Lupton Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Lupton with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Lupton to provide an estimated property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Lupton, Arizona
Property taxes in Lupton, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lupton is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Lupton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lupton estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Lupton's effective property tax rate to other counties in Arizona and the national median. For comparison, the zip code 86508 has both the highest and lowest median property tax rate of 0.81%, which is consistent across the region. Understanding how these cities compare with Lupton provides valuable insights into the varying tax landscape across Apache County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lupton Tax Rate
0.81%
Average Apache County Tax Rate
0.45%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lupton, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86508 | 0.62% | 0.69% | 0.81% | 0.93% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Lupton, Arizona
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Lupton, Arizona. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the county's appraisal district for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Lupton, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Lupton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Apache County, the highest and lowest median tax bills are both $693 in the zip code 86508.
Average Lupton Assessed Value
$95,276
Average Apache County Assessed Value
$114,458
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lupton, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86508 | $68,058 | $78,265 | $95,276 | $112,287 | $122,494 |
Source: Ownwell
Property Tax Bills Across Lupton, Arizona
In Lupton, Arizona, property tax bills are determined based on the assessed value of a property, which is a percentage of its market value. For homeowners, the median home price in Lupton is $95,276. The assessed value is then multiplied by the local tax rate set by Apache County to calculate the annual tax bill. For example, homeowners in the 25th percentile can expect to pay around $669, while those in the 75th percentile may pay approximately $717. The highest median tax bill in the area is $731, which is notably below the national median property tax rate of 0.99%. Factors such as property improvements, neighborhood developments, and changes in the local tax rate can influence the assessed value and, consequently, the tax bill. These property taxes fund essential public services like education, infrastructure, and emergency services, directly impacting the quality of life for residents. Understanding these factors can help homeowners anticipate and manage their annual property tax obligations effectively.
Average Lupton Tax Bill
$693
Average Apache County Tax Bill
$448
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Lupton, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86508 | $654 | $669 | $693 | $717 | $731 |
Source: Ownwell