Nutrioso, Arizona Property Taxes
The median property tax rate in Nutrioso, AZ is 0.43%, significantly lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Nutrioso at $222,013, the typical annual property tax bill comes to $867, well below the national median of $2,690. Property taxes in Nutrioso are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Nutrioso'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 Nutrioso 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
Nutrioso, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.43%
Estimate Property Tax Bill
$955
Ownwell’s Nutrioso Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Nutrioso with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Nutrioso 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 Nutrioso, Arizona
Property taxes in Nutrioso, Arizona, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Nutrioso is 0.43%, which is lower than the U.S. national median of 0.99%. Local government entities within Nutrioso set these rates annually, and they can vary significantly across different neighborhoods. Each year, Nutrioso 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 Nutrioso's effective property tax rate to other areas in Apache County and the national median. For comparison, the zip code 85932 has both the highest and lowest median property tax rate of 0.43%. Understanding how these cities compare with Nutrioso provides valuable insights into the varying tax landscape across Apache County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Nutrioso Tax Rate
0.43%
Average Apache County Tax Rate
0.45%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nutrioso, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85932 | 0.24% | 0.34% | 0.43% | 0.52% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Nutrioso, Arizona
In Nutrioso, 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 Apache 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 Nutrioso, 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. For instance, the highest median tax bill in zip code 85932 is $867, while the lowest median tax bill in the same zip code is also $867. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Nutrioso Assessed Value
$222,013
Average Apache County Assessed Value
$114,458
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nutrioso, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85932 | $34,633 | $127,710 | $222,013 | $353,024 | $503,108 |
Source: Ownwell
Property Tax Bills Across Nutrioso, Arizona
In Nutrioso, property tax bills are calculated based on the assessed value of a home, which is determined by the Apache County Assessor's Office. The assessed value is a percentage of the property's market value, reflecting the home's worth in the current real estate market. Various factors influence the assessed value, including the property's size, age, location, and any improvements made. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For Nutrioso, the median home price is $222,013. Homeowners can expect their property tax bills to vary significantly, with the 25th percentile at $453 and the 75th percentile reaching $1,512. The 90th percentile tax bill can go as high as $2,200. These property taxes fund essential community services such as schools, public safety, and infrastructure. While Nutrioso's property tax rates are relatively moderate, they still represent a crucial expense for homeowners, impacting overall affordability and the cost of maintaining homeownership.
Average Nutrioso Tax Bill
$867
Average Apache County Tax Bill
$448
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Nutrioso, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85932 | $179 | $453 | $867 | $1,512 | $2,200 |
Source: Ownwell