Scenic, Arizona Property Taxes
The median property tax rate in Scenic, AZ is 0.38%, significantly lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Scenic, the typical annual property tax bill is $1,217, well below the national median of $2,690. Property taxes in Scenic 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 Scenic'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 Scenic or another part of Mohave County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Scenic, Arizona Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$1,120
Ownwell’s SCENIC Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SCENIC with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SCENIC 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 Scenic, Arizona
Property taxes in Scenic, Arizona, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Scenic is 0.38%, lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Scenic set these rates annually, and they can vary significantly across different neighborhoods. Each year, Scenic 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 Scenic's effective property tax rate to other counties in Arizona and the national median. For comparison, the highest median property tax rate in the region is found in ZIP code 85001 at 1.20%, while ZIP code 86401 has the lowest median tax rate of 0.35%. Understanding how these cities compare with Scenic provides valuable insights into the varying tax landscape across Mohave County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Scenic Tax Rate
0.38%
Average Mohave County Tax Rate
0.44%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Scenic, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86432 | 0.13% | 0.27% | 0.38% | 0.55% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Scenic, Arizona
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Scenic, 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 Mohave 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 Scenic, 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 Scenic helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Scenic is $312,742, with the 25th percentile tax bill at $509 and the 75th percentile tax bill at $1,758. The highest and lowest median tax bills are both $1,217 in the zip code 86432.
Average Scenic Assessed Value
$312,742
Average Mohave County Assessed Value
$255,876
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Scenic, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86432 | $82,928 | $158,244 | $312,742 | $422,113 | $529,238 |
Source: Ownwell
Property Tax Bills Across Scenic, Arizona
In Scenic, located in Mohave County, AZ, property tax bills are determined by assessing the value of a property and applying the local tax rate. The assessed value is typically a percentage of the market value, and this figure is then multiplied by the tax rate set by local taxing authorities. For Scenic, the median home price is $312,742. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Scenic can expect a wide range in their tax bills. The 25th percentile tax bill is $509, indicating that a quarter of homeowners pay less than this amount. On the higher end, the 75th percentile tax bill is $1,758, and the 90th percentile tax bill reaches $2,296. Comparatively, the national median property tax rate is 0.99%. Understanding these factors helps Scenic homeowners anticipate their tax obligations and plan accordingly. The highest and lowest median tax bills in the area are both $1,217, showing some consistency in what residents might expect to pay.
Average Scenic Tax Bill
$1,217
Average Mohave County Tax Bill
$975
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Scenic, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86432 | $275 | $509 | $1,217 | $1,758 | $2,296 |
Source: Ownwell