Marana, Arizona Property Taxes
The median property tax rate in Marana, AZ is 0.92%, slightly below the national median of 0.99% but significantly higher than the Arizona state median of 0.56%. With the median home value in Marana at $155,290, the typical annual property tax bill is $1,376, which is lower than the national median of $2,690. Property taxes in Marana are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Marana'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 Marana 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
Marana, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$1,429
Ownwell’s Marana Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marana with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marana 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 Marana, Arizona
Property taxes in Marana, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Marana is 0.92%, slightly below the U.S. national median of 0.99%. Local government entities within Marana set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marana 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 Marana's effective property tax rate to other areas in Arizona and the national median. For comparison, the 85658 zip code has the highest median property tax rate of 0.92%, while the 85653 zip code has the lowest median tax rate of 0.88%. Understanding how these areas compare with Marana 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 Marana Tax Rate
0.92%
Average Pinal County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marana, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85653 | 0.57% | 0.66% | 0.88% | 1.42% | 1.49% |
| 85658 | 0.67% | 0.74% | 0.92% | 1.11% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Marana, Arizona
In Marana, 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 Pinal County 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 Marana, 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 Marana helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in Marana is $1,383 in zip code 85658, while the lowest is $643 in zip code 85653.
Average Marana Assessed Value
$155,290
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 Marana, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85653 | $26,348 | $34,690 | $42,575 | $160,715 | $281,308 |
| 85658 | $57,816 | $80,851 | $155,907 | $256,035 | $369,971 |
Source: Ownwell
Property Tax Bills Across Marana, Arizona
Property tax bills in Marana, located in Pinal County, AZ, are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the market value of the home. For instance, with a median home price of $155,290, the assessed value will be a fraction of this amount, subject to the local assessment ratio. Once the assessed value is determined, the property tax rate, which is specific to the region, is applied. In Marana, the median property tax bill stands at $1,383 in the 85658 zip code, while it is as low as $643 in the 85653 zip code. These figures illustrate the variability in tax bills within different parts of the city. Factors such as local government budgets, school funding requirements, and public service needs can influence the tax rate. Homeowners in Marana can expect their property tax bills to reflect these local financial demands, affecting their annual housing costs significantly.
Average Marana Tax Bill
$1,376
Average Pinal County Tax Bill
$1,519
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Marana, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85653 | $237 | $302 | $643 | $1,199 | $1,998 |
| 85658 | $562 | $857 | $1,383 | $1,979 | $2,999 |
Source: Ownwell