San Manuel, Arizona Property Taxes
The median property tax rate in San Manuel, AZ is 0.74%, which is lower than the national median of 0.99% but higher than the Arizona state median of 0.56%. With a median home value of $102,107 in San Manuel, the typical annual property tax bill is $745, significantly below the national median of $2,690. Property taxes in San Manuel are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding San Manuel'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 San Manuel or another part of Pinal County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
San Manuel, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$756
Ownwell’s San Manuel Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in San Manuel with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in San Manuel 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 San Manuel, Arizona
Property taxes in San Manuel, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in San Manuel is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within San Manuel set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Manuel 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 San Manuel's effective property tax rate to other areas and the national median. For comparison, the 85631 zip code has the highest median property tax rate of 0.74%, while the same zip code also has the lowest median tax rate of 0.74%. Understanding how these areas compare with San Manuel 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 San Manuel Tax Rate
0.74%
Average Pinal County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Manuel, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85631 | 0.56% | 0.68% | 0.74% | 0.79% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across San Manuel, Arizona
In San Manuel, 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'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 San Manuel, 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 San Manuel helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in San Manuel is $102,107, with tax bills ranging from $678 at the 25th percentile to $1,011 at the 90th percentile. The highest and lowest median tax bills both occur in the 85631 zip code at $745.
Average San Manuel Assessed Value
$102,107
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 San Manuel, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85631 | $81,974 | $91,700 | $102,107 | $119,995 | $145,416 |
Source: Ownwell
Property Tax Bills Across San Manuel, Arizona
In San Manuel, located in Pinal County, AZ, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the market value of the property. For a median home price of $102,107, the tax bill can vary significantly. Factors such as property condition, improvements, and market trends all play a role in determining the assessed value. Homeowners in San Manuel typically see tax bills ranging from $678 at the 25th percentile to $852 at the 75th percentile, with the 90th percentile reaching up to $1,011. These figures are relatively lower compared to the national median property tax rate of 0.99%, providing some financial relief to homeowners in the area. The tax bill impacts homeowners by contributing to local services such as schools, infrastructure, and public safety. Understanding how these taxes are calculated can help homeowners budget more effectively and potentially seek exemptions or appeals if they believe their property has been over-assessed.
Average San Manuel Tax Bill
$745
Average Pinal County Tax Bill
$1,519
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across San Manuel, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85631 | $606 | $678 | $745 | $852 | $1,011 |
Source: Ownwell