Catalina, Arizona Property Taxes
The median property tax rate in Catalina, AZ is 0.86%, which is lower than the national median of 0.99% but significantly higher than the Arizona state median of 0.56%. With a median home value of $157,209 in Catalina, the typical annual property tax bill is around $1,069, falling below the national median of $2,690. Property taxes in Catalina are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Gaining a thorough understanding of Catalina'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 Catalina or another part of Pinal County, a solid grasp of the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Catalina, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$1,352
Ownwell’s Catalina Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Catalina with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Catalina 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 Catalina, Arizona
Property taxes in Catalina, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Catalina is 0.86%, slightly below the U.S. national median of 0.99%. Local government entities within Catalina set these rates annually, and they can vary significantly across different neighborhoods. Each year, Catalina 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 Catalina's effective property tax rate to other counties in Arizona and the national median. For comparison, the 85738 zip code has the highest median property tax rate of 0.86%, while the same zip code also has the lowest median tax rate of 0.86%. Understanding how these cities compare with Catalina provides valuable insights into the varying tax landscape across Pinal County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Catalina Tax Rate
0.86%
Average Pinal County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Catalina, Arizona
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85738 | 0.72% | 0.77% | 0.86% | 0.87% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Catalina, Arizona
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Catalina, 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 Pinal 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 Catalina, 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. The median home price in Catalina stands at $157,209, with tax bills ranging from $815 at the 25th percentile to $3,544 at the 90th percentile. 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 Catalina helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Catalina Assessed Value
$157,209
Average Pinal County Assessed Value
$319,292
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Catalina, Arizona
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85738 | $82,025 | $110,219 | $157,209 | $319,590 | $417,019 |
Source: Ownwell
Property Tax Bills Across Catalina, Arizona
Property tax bills in Catalina, located in Pinal County, AZ, are determined based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. For homeowners in Catalina, the median home price is $157,209. Property tax bills can vary significantly, ranging from the 25th percentile at $815 to the 90th percentile at $3,544. Several factors contribute to the final tax bill, including property size, location, and improvements. Homeowners in the 85738 zip code experience a median tax bill of $1,069, which is the highest in the area. Compared to the national median property tax rate of 0.99%, Catalina's property tax rates can be considered moderate, yet they still represent a significant expense for homeowners. Understanding these factors can help residents anticipate their property tax liabilities and plan their finances accordingly.
Average Catalina Tax Bill
$1,069
Average Pinal County Tax Bill
$1,519
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Catalina, Arizona
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85738 | $662 | $815 | $1,069 | $2,616 | $3,544 |
Source: Ownwell