Mammoth, Arizona Property Taxes
The median property tax rate in Mammoth, AZ is 0.66%, which is lower than the national median of 0.99% but higher than the Arizona state median of 0.56%. With the median home value in Mammoth at $84,442, the typical annual property tax bill is around $431, significantly less than the national median of $2,690. Property taxes in Mammoth are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Mammoth'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 Mammoth 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
Mammoth, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.66%
Estimate Property Tax Bill
$557
Ownwell’s Mammoth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mammoth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mammoth 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 Mammoth, Arizona
Property taxes in Mammoth, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mammoth is 0.66%, which is lower than the U.S. national median of 0.99%. Local government entities within Mammoth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mammoth 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 Mammoth's effective property tax rate to other counties in Arizona and the national median. For comparison, the 85618 zip code has both the highest and the lowest median property tax rate of 0.66%. Understanding how these cities compare with Mammoth 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 Mammoth Tax Rate
0.66%
Average Pinal County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mammoth, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85618 | 0.32% | 0.47% | 0.66% | 1.23% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Mammoth, Arizona
In Mammoth, 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 Pinal County Assessor 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. 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. Mammoth's median home price is $84,442, and property tax bills can vary significantly. For example, the 25th percentile tax bill is around $216, while the 75th percentile reaches $672, and the 90th percentile goes up to $1,059. The zip code 85618 has the highest median tax bill at $431. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mammoth Assessed Value
$84,442
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 Mammoth, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85618 | $7,896 | $26,664 | $84,442 | $111,152 | $156,876 |
Source: Ownwell
Property Tax Bills Across Mammoth, Arizona
In Mammoth, located in Pinal County, AZ, property tax bills are calculated based on the assessed value of the home. The assessed value is determined by the county assessor and typically represents a percentage of the property's market value. With a median home price of $84,442, homeowners can expect their property tax bills to vary significantly. The median property tax bill in Mammoth is around $431, with the 25th percentile at $216 and the 75th percentile reaching $672. For those at the 90th percentile, the tax bill can go up to $1,059. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting homeowners' quality of life. Compared to the national median property tax rate of 0.99%, Mammoth's tax rates are relatively modest, making it an attractive option for homeowners seeking affordability. However, property owners should be aware that fluctuations in assessed home values can lead to changes in their annual tax obligations.
Average Mammoth Tax Bill
$431
Average Pinal County Tax Bill
$1,519
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Mammoth, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85618 | $102 | $216 | $431 | $672 | $1,059 |
Source: Ownwell