Seville, Arizona Property Taxes
The median property tax rate in Seville, AZ is 0.85%, which is lower than the national median of 0.99% but significantly higher than the Arizona state median of 0.56%. With the median home value in Seville at $354,442, the typical annual property tax bill reaches $3,009, surpassing the national median of $2,690. Property taxes in Seville are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Seville'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 Seville 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
Seville, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$3,013
Ownwell’s Seville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Seville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Seville 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 Seville, Arizona
Property taxes in Seville, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Seville is 0.85%, which is lower than the U.S. national median of 0.99%. Local government entities within Seville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Seville 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 Seville's effective property tax rate to other counties in Arizona and the national median. For comparison, the zip code 44273 has both the highest and lowest median property tax rate of 0.85%. Understanding how these cities compare with Seville provides valuable insights into the varying tax landscape across Pima County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Seville Tax Rate
0.85%
Average Pima County Tax Rate
0.81%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Seville, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44273 | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Seville, Arizona
In Seville, 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 Pima 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 Seville, 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 Seville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Seville are both $3009, with the zip code 44273 representing these values.
Average Seville Assessed Value
$354,442
Average Pima County Assessed Value
$262,759
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Seville, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44273 | $354,442 | $354,442 | $354,442 | $354,442 | $354,442 |
Source: Ownwell
Property Tax Bills Across Seville, Arizona
In Seville, Pima County, AZ, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Seville is $354,442. Homeowners in this region can expect a median property tax bill of $3,009, which is consistent across the 25th, 75th, and 90th percentiles. This uniformity suggests a stable tax environment, making it easier for residents to anticipate their annual expenses. Several factors influence the tax bill, including the property's assessed value, the tax rate set by local authorities, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Seville's tax rate reflects a significant investment in community services and infrastructure. For homeowners, this means that while their tax bills are predictable, they contribute directly to the quality of local amenities and public services, enhancing the overall living experience in Seville.
Average Seville Tax Bill
$3,009
Average Pima County Tax Bill
$2,088
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Seville, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44273 | $3,009 | $3,009 | $3,009 | $3,009 | $3,009 |
Source: Ownwell