Desert Hills, Arizona Property Taxes
The median property tax rate in Desert Hills, AZ is 0.63%, slightly higher than the state median of 0.56% but lower than the national median of 0.99%. With a median home value of $550,050, the typical annual property tax bill in Desert Hills reaches $3,436, surpassing the national median of $2,690. Property taxes here are calculated based on the assessed value, which often falls below market value due to exemptions like primary residence and agricultural exemptions. Understanding Desert Hills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Desert Hills or another part of Maricopa County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Desert Hills, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$3,465
Ownwell’s Desert Hills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Desert Hills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Desert Hills 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 Maricopa County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Desert Hills, Arizona
Property taxes in Desert Hills, Arizona, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Desert Hills is 0.63%, which is lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Desert Hills set these rates annually, and they can vary significantly across different neighborhoods. Each year, Desert Hills 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 Desert Hills' effective property tax rate to other areas in Maricopa County and the national median. For comparison, the 85086 zip code has a median property tax rate of 0.63%, which is consistent across the board. Understanding how these areas compare with Desert Hills provides valuable insights into the varying tax landscape across Maricopa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Desert Hills Tax Rate
0.63%
Average Maricopa County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Desert Hills, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85086 | 0.59% | 0.59% | 0.63% | 0.67% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Desert Hills, Arizona
In Desert Hills, 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 Maricopa 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 Desert Hills, 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. The median home price in Desert Hills is $550,050. The annual tax bills range from $3,197 at the 25th percentile to $3,602 at the 90th percentile. Notably, the zip code 85086 has both the highest and lowest median tax bill, which is $3,436. 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 Desert Hills helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Desert Hills Assessed Value
$550,050
Average Maricopa County Assessed Value
$328,300
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Desert Hills, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85086 | $463,230 | $512,325 | $550,050 | $573,075 | $595,710 |
Source: Ownwell
Property Tax Bills Across Desert Hills, Arizona
In Desert Hills, Maricopa County, AZ, property tax bills are calculated based on the assessed value of the 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 $550,050, the assessed value is used to calculate the tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Desert Hills can expect their property tax bills to vary. The 25th percentile tax bill is around $3,197, while the 75th percentile tax bill is approximately $3,585. The highest median tax bill in the area reaches $3,436, which is in the zip code 85086. These figures show that property taxes in Desert Hills can significantly impact homeowners, especially when compared to the national median property tax rate of 0.99%. Understanding these factors can help homeowners anticipate their annual property tax obligations and budget accordingly.
Average Desert Hills Tax Bill
$3,436
Average Maricopa County Tax Bill
$1,766
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Desert Hills, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85086 | $3,018 | $3,197 | $3,436 | $3,585 | $3,602 |
Source: Ownwell