Sun City, Arizona Property Taxes
The median property tax rate in Sun City, AZ is 0.45%, significantly lower than both the national median of 0.99% and the Arizona state median of 0.56%. With a median home value of $216,500 in Sun City, the typical annual property tax bill comes to $954, well below the national median of $2,690. Property taxes in Sun City are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sun City'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 Sun City 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
Sun City, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.45%
Estimate Property Tax Bill
$974
Ownwell’s Sun City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sun City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sun City 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 Sun City, Arizona
Property taxes in Sun City, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sun City is 0.45%, which is lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Sun City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sun City 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 Sun City's effective property tax rate to other areas in Maricopa County and the national median. For comparison, the 85373 zip code has the highest median property tax rate of 0.49%, while the 85351 zip code has the lowest median tax rate of 0.43%. Understanding how these areas compare with Sun City 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 Sun City Tax Rate
0.45%
Average Maricopa County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sun City, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85351 | 0.32% | 0.37% | 0.43% | 0.47% | 0.52% |
| 85373 | 0.39% | 0.45% | 0.49% | 0.58% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Sun City, Arizona
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Sun City, 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 Maricopa 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 Sun City, 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. For instance, the highest median tax bill in Sun City is $1,306 in the 85373 zip code, while the lowest median tax bill is $871 in the 85351 zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Sun City Assessed Value
$216,500
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 Sun City, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85351 | $133,100 | $166,000 | $204,000 | $235,300 | $272,100 |
| 85373 | $169,800 | $214,500 | $264,100 | $316,700 | $369,000 |
Source: Ownwell
Property Tax Bills Across Sun City, Arizona
In Sun City, property tax bills are calculated based on the assessed value of the property, which is determined by the Maricopa County Assessor's Office. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Sun City experience varying property tax bills. For example, the 25th percentile tax bill is around $679, while the 75th percentile reaches approximately $1,263. At the higher end, the 90th percentile tax bill can be as much as $1,803. The highest median tax bill in the area is $1,306 in the 85373 zip code, whereas the lowest median tax bill is $871 in the 85351 zip code. These tax bills impact homeowners by adding an additional financial consideration to property ownership, influencing decisions on buying, selling, and maintaining homes. Compared to the national median property tax rate of 0.99%, Sun City's rates can vary, reflecting the unique local property market and tax policies.
Average Sun City Tax Bill
$954
Average Maricopa County Tax Bill
$1,766
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Sun City, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85351 | $439 | $617 | $871 | $1,081 | $1,339 |
| 85373 | $656 | $948 | $1,306 | $1,799 | $2,278 |
Source: Ownwell