Page, Arizona Property Taxes
The median property tax rate in PAGE, AZ is 0.53%, which is notably lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in PAGE at $77,773, the typical annual property tax bill amounts to $742, significantly below the national median of $2,690. Property taxes in PAGE are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding PAGE's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of PAGE 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
Page, Arizona Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$1,120
Ownwell’s PAGE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in PAGE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in PAGE to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Page, Arizona
Property taxes in Page, Arizona, are essential for funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Page is 0.53%, which is lower than the U.S. national median of 0.99%. Local government entities within Page set these rates annually, and they can vary significantly across different neighborhoods. Each year, Page 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 Page's effective property tax rate to other areas and the national median. For comparison, the zip code 86040 has the highest median property tax rate of 0.53%, while the same zip code also has the lowest median tax rate of 0.53%. Understanding how these areas compare with Page provides valuable insights into the varying tax landscape across Coconino County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Page Tax Rate
0.53%
Average Coconino County Tax Rate
0.54%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Page, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86040 | 0.43% | 0.46% | 0.53% | 0.68% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Page, Arizona
In PAGE, Arizona, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Coconino County Assessor's Office 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 PAGE, 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 PAGE helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $742.00 in zip code 86040, while the lowest median tax bill is also $742.00 in the same zip code.
Average Page Assessed Value
$77,773
Average Coconino County Assessed Value
$335,366
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Page, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86040 | $10,954 | $36,002 | $77,773 | $238,566 | $339,659 |
Source: Ownwell
Property Tax Bills Across Page, Arizona
Property tax bills in PAGE, located in Coconino County, AZ, are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is a percentage of the property's market value. The tax rate is then applied to this assessed value to determine the final tax bill. Factors influencing the tax bill include the property's location, market conditions, and any applicable exemptions or deductions. For homeowners in PAGE, the median home price is $77,773. The tax bills vary widely; at the 25th percentile, homeowners can expect to pay around $310, while those at the 75th percentile might see bills as high as $1,243. At the 90th percentile, tax bills can reach up to $1,738. Compared to the national median property tax rate of 0.99%, these figures illustrate how local assessments and tax rates can significantly impact what homeowners pay annually. This variability underscores the importance of understanding local tax regulations and market conditions.
Average Page Tax Bill
$742
Average Coconino County Tax Bill
$1,766
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Page, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86040 | $192 | $310 | $742 | $1,243 | $1,738 |
Source: Ownwell