Dewey Humboldt, Arizona Property Taxes
The median property tax rate in Dewey Humboldt, AZ is 0.62%, slightly higher than the Arizona state median of 0.56% but lower than the national median of 0.99%. With a median home value of $165,114 in Dewey Humboldt, the typical annual property tax bill is $1,009, which is below the national median of $2,690. Property taxes in Dewey Humboldt are calculated based on the assessed value, which is often lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Dewey Humboldt'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 Dewey Humboldt 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
Dewey Humboldt, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.62%
Estimate Property Tax Bill
$1,024
Ownwell’s Dewey-Humboldt Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dewey-Humboldt with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dewey-Humboldt 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 Dewey Humboldt, Arizona
Property taxes in Dewey Humboldt, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dewey Humboldt is 0.62%, which is lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Dewey Humboldt set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dewey Humboldt 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 Dewey Humboldt's effective property tax rate to other counties in Arizona and the national median. For comparison, the zip code 86327 has the highest median property tax rate of 0.62%, while the same zip code also has the lowest median tax rate of 0.62%. Understanding how these cities compare with Dewey Humboldt provides valuable insights into the varying tax landscape across Yavapai County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dewey Humboldt Tax Rate
0.62%
Average Yavapai County Tax Rate
0.44%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dewey Humboldt, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86327 | 0.47% | 0.55% | 0.62% | 0.66% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Dewey Humboldt, Arizona
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Dewey Humboldt, 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 Yavapai 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. In Dewey Humboldt, 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 Dewey Humboldt helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 86327 has the highest and lowest median tax bill, both valued at $1009.
Average Dewey Humboldt Assessed Value
$165,114
Average Yavapai County Assessed Value
$367,324
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dewey Humboldt, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86327 | $82,481 | $121,225 | $165,114 | $321,530 | $562,821 |
Source: Ownwell
Property Tax Bills Across Dewey Humboldt, Arizona
In Dewey-Humboldt, located in Yavapai County, AZ, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price here is $165,114. Property taxes are calculated by applying the local tax rate to this assessed value. Factors such as property location, improvements, and exemptions play a role in determining the final tax bill. Homeowners in Dewey-Humboldt can expect tax bills to vary. For instance, the 25th percentile tax bill is around $790, while the 75th percentile reaches approximately $1,595. The 90th percentile tax bill can go up to $2,489. The median tax bill in the area is $1,009, which is relatively lower compared to the national median property tax rate of 0.99%. This means that while property taxes in Dewey-Humboldt are significant, they are still manageable and can be influenced by various factors, providing some flexibility for homeowners.
Average Dewey Humboldt Tax Bill
$1,009
Average Yavapai County Tax Bill
$1,504
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Dewey Humboldt, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86327 | $556 | $790 | $1,009 | $1,595 | $2,489 |
Source: Ownwell