Mesa, Arizona Property Taxes
The median property tax rate in Mesa, AZ is 0.49%, considerably lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Mesa at $304,700, the typical annual property tax bill reaches $1,448, significantly below the national median of $2,690. Property taxes in Mesa are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Mesa'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 Mesa 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
Mesa, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.49%
Estimate Property Tax Bill
$1,493
Ownwell’s Mesa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mesa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mesa 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 Mesa, Arizona
Property taxes in Mesa, Arizona, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mesa is 0.49%, which is lower than the U.S. national median of 0.99%. Local government entities within Mesa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mesa 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 Mesa's effective property tax rate to other counties in Arizona and the national median. For comparison, the 207 M zip code has the highest median property tax rate of 0.88%, while the 85202 zip code has the lowest median tax rate of 0.41%. Understanding how these cities compare with Mesa 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 Mesa Tax Rate
0.49%
Average Maricopa County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mesa, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 207 M | 0.88% | 0.88% | 0.88% | 0.88% | 0.88% |
| 85201 | 0.24% | 0.28% | 0.33% | 0.44% | 0.52% |
| 85202 | 0.25% | 0.32% | 0.41% | 0.47% | 0.53% |
| 85203 | 0.30% | 0.38% | 0.46% | 0.52% | 0.59% |
| 85204 | 0.28% | 0.32% | 0.38% | 0.46% | 0.52% |
| 85205 | 0.37% | 0.42% | 0.47% | 0.54% | 0.67% |
| 85206 | 0.44% | 0.51% | 0.60% | 0.70% | 0.82% |
| 85207 | 0.36% | 0.44% | 0.53% | 0.65% | 0.75% |
| 85208 | 0.36% | 0.43% | 0.52% | 0.70% | 0.87% |
| 85209 | 0.41% | 0.45% | 0.55% | 0.76% | 1.09% |
| 85210 | 0.26% | 0.29% | 0.35% | 0.47% | 0.53% |
| 85212 | 0.42% | 0.47% | 0.59% | 0.77% | 0.86% |
| 85213 | 0.39% | 0.48% | 0.57% | 0.64% | 0.74% |
| 85215 | 0.47% | 0.53% | 0.63% | 0.80% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Mesa, Arizona
In Mesa, 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 Mesa, 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 Mesa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Mesa is $304,700, with tax bills ranging from $911 at the 25th percentile to $3,192 at the 90th percentile. The highest median tax bill is in zip code 85212 at $2,546, while the lowest is in zip code 207 M at $659.
Average Mesa Assessed Value
$304,700
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 Mesa, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 207 M | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 |
| 85201 | $155,500 | $190,300 | $262,700 | $303,800 | $381,200 |
| 85202 | $156,100 | $188,500 | $303,200 | $364,300 | $415,700 |
| 85203 | $185,800 | $260,600 | $319,300 | $388,900 | $509,660 |
| 85204 | $215,000 | $247,500 | $276,700 | $308,200 | $365,780 |
| 85205 | $207,200 | $243,200 | $304,000 | $369,100 | $494,070 |
| 85206 | $74,700 | $180,800 | $265,300 | $309,800 | $362,000 |
| 85207 | $241,500 | $299,000 | $404,000 | $587,150 | $772,200 |
| 85208 | $71,000 | $95,100 | $258,100 | $304,100 | $346,700 |
| 85209 | $5,900 | $221,850 | $295,200 | $363,000 | $433,920 |
| 85210 | $151,600 | $191,000 | $261,300 | $336,100 | $386,000 |
| 85212 | $313,200 | $359,300 | $409,100 | $482,500 | $549,700 |
| 85213 | $195,700 | $294,600 | $385,000 | $484,000 | $645,180 |
| 85215 | $86,200 | $237,200 | $341,300 | $423,700 | $542,700 |
Source: Ownwell
Property Tax Bills Across Mesa, Arizona
In Mesa, located in Maricopa 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 Mesa is $304,700. The tax rate is applied to this assessed value to determine the tax bill. For instance, homeowners in Mesa may see tax bills ranging from the 25th percentile at $911 to the 75th percentile at $2,101, with the 90th percentile reaching $3,192. Factors considered in calculating property taxes include the home's assessed value, local tax rates, and applicable exemptions. For example, the highest median tax bill in Mesa is $2,546 in the 85212 zip code, while the lowest is $659 in the 207 M zip code. These variations can significantly impact homeowners, influencing their annual expenses and overall financial planning. Compared to the national median property tax rate of 0.99%, Mesa's property taxes can be seen as relatively moderate, offering some relief to homeowners in the area.
Average Mesa Tax Bill
$1,448
Average Maricopa County Tax Bill
$1,766
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Mesa, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 207 M | $659 | $659 | $659 | $659 | $659 |
| 85201 | $418 | $550 | $866 | $1,287 | $1,719 |
| 85202 | $456 | $627 | $1,210 | $1,658 | $2,101 |
| 85203 | $556 | $1,003 | $1,414 | $1,894 | $2,758 |
| 85204 | $635 | $798 | $1,053 | $1,328 | $1,706 |
| 85205 | $809 | $1,030 | $1,419 | $1,914 | $2,954 |
| 85206 | $578 | $936 | $1,447 | $1,786 | $2,195 |
| 85207 | $771 | $1,319 | $2,153 | $3,571 | $5,078 |
| 85208 | $464 | $671 | $1,148 | $1,489 | $1,802 |
| 85209 | $64 | $1,006 | $1,538 | $1,994 | $2,493 |
| 85210 | $408 | $570 | $853 | $1,551 | $1,872 |
| 85212 | $1,415 | $1,813 | $2,546 | $3,395 | $4,183 |
| 85213 | $827 | $1,423 | $2,176 | $2,940 | $4,582 |
| 85215 | $705 | $1,309 | $1,985 | $2,638 | $3,610 |
Source: Ownwell