Queen Creek, Arizona Property Taxes
The median property tax rate in Queen Creek, AZ, is 0.38%, significantly lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Queen Creek at $858,255, the typical annual property tax bill reaches $3,196, surpassing the national median of $2,690. Property taxes in Queen Creek 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 Queen Creek'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 Queen Creek 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
Queen Creek, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.38%
Estimate Property Tax Bill
$3,261
Ownwell’s Queen Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Queen Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Queen Creek 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 Queen Creek, Arizona
Property taxes in Queen Creek, Arizona, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Queen Creek is 0.38%, significantly lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Queen Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Queen Creek 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 Queen Creek's effective property tax rate to other counties in Arizona and the national median. Understanding how these cities compare with Queen Creek 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 Queen Creek Tax Rate
0.38%
Average Pinal County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Queen Creek, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85140 | N/A | N/A | N/A | N/A | N/A |
| 85142 | N/A | N/A | N/A | N/A | N/A |
| 85143 | N/A | N/A | N/A | N/A | N/A |
| 85144 | 0.20% | 0.32% | 0.37% | 0.42% | 0.49% |
Source: Ownwell
Property Tax Assessment Values Across Queen Creek, Arizona
In Queen Creek, 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 Queen Creek, 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 Queen Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 85144 has the highest and lowest median tax bill at $3,275.
Average Queen Creek Assessed Value
$858,255
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 Queen Creek, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85140 | N/A | N/A | N/A | N/A | N/A |
| 85142 | N/A | N/A | N/A | N/A | N/A |
| 85143 | N/A | N/A | N/A | N/A | N/A |
| 85144 | $410,601 | $651,990 | $881,095 | $1,022,640 | $1,198,852 |
Source: Ownwell
Property Tax Bills Across Queen Creek, Arizona
In Queen Creek, located in Pinal 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 this area stands at $858,255. Homeowners' tax bills can vary significantly, falling between the 25th percentile at $1,330 and the 90th percentile at $5,190. These figures are determined by the local tax rate and the assessed value of the property. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. For example, a property located in a highly desirable area or one that has undergone significant renovations may have a higher assessed value, leading to a higher tax bill. Compared to the national median property tax rate of 0.99%, Queen Creek's property taxes are relatively moderate, making it an attractive location for homeowners. However, understanding these variables is crucial for managing annual property tax expenses effectively.
Average Queen Creek Tax Bill
$3,196
Average Pinal County Tax Bill
$1,519
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Queen Creek, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85140 | N/A | N/A | N/A | N/A | N/A |
| 85142 | N/A | N/A | N/A | N/A | N/A |
| 85143 | N/A | N/A | N/A | N/A | N/A |
| 85144 | $946 | $1,892 | $3,275 | $3,822 | $5,344 |
Source: Ownwell