Green Valley, Arizona Property Taxes
The median property tax rate in Green Valley, AZ is 0.73%, which is lower than the national median of 0.99% but higher than the Arizona state median of 0.56%. With the median home value in Green Valley, the typical annual property tax bill amounts to $1,931, falling below the national median of $2,690. Property taxes in Green Valley 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 Green Valley'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 Green Valley 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
Green Valley, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$1,901
Ownwell’s Green Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Green Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Green Valley 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 Green Valley, Arizona
Property taxes in Green Valley, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Green Valley is 0.73%, which is lower than the U.S. national median of 0.99%. Local government entities within Green Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Green Valley 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 Green Valley's effective property tax rate to other areas in Pima County and the national median. For comparison, the 85716 zip code has the highest median property tax rate of 1.02%, while the 85718 zip code has the lowest median tax rate of 0.60%. Understanding how these areas compare with Green Valley provides valuable insights into the varying tax landscape across Pima County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Green Valley Tax Rate
0.73%
Average Pima County Tax Rate
0.81%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Green Valley, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85269 | N/A | N/A | N/A | N/A | N/A |
| 85288 | 0.95% | 0.95% | 0.95% | 0.95% | 0.95% |
| 85614 | 0.54% | 0.66% | 0.73% | 0.83% | 0.96% |
| 85622 | 0.63% | 0.66% | 0.74% | 0.81% | 0.84% |
| 85629 | 0.67% | 0.73% | 0.84% | 0.91% | 0.98% |
| 85652 | 0.95% | 0.95% | 0.95% | 0.95% | 0.95% |
| 85712 | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% |
| 85716 | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% |
| 85718 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| 86298 | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
| 86529 | 0.71% | 0.71% | 0.71% | 0.71% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Green Valley, Arizona
In Green Valley, 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 Pima 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 Green Valley, 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 Green Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Pima County is $4,833 in zip code 85718, while the lowest is $1,033 in zip code 85629.
Average Green Valley Assessed Value
$260,468
Average Pima County Assessed Value
$262,759
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Green Valley, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85269 | N/A | N/A | N/A | N/A | N/A |
| 85288 | $242,647 | $242,647 | $242,647 | $242,647 | $242,647 |
| 85614 | $114,886 | $187,292 | $248,284 | $327,196 | $432,127 |
| 85622 | $183,221 | $231,172 | $304,282 | $359,114 | $437,482 |
| 85629 | $50,986 | $94,462 | $116,398 | $158,059 | $169,388 |
| 85652 | $269,924 | $269,924 | $269,924 | $269,924 | $269,924 |
| 85712 | $345,461 | $345,461 | $345,461 | $345,461 | $345,461 |
| 85716 | $277,585 | $277,585 | $277,585 | $277,585 | $277,585 |
| 85718 | $811,806 | $811,806 | $811,806 | $811,806 | $811,806 |
| 86298 | $326,593 | $326,593 | $326,593 | $326,593 | $326,593 |
| 86529 | $268,524 | $268,524 | $268,524 | $268,524 | $268,524 |
Source: Ownwell
Property Tax Bills Across Green Valley, Arizona
In Green Valley, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor's office. The assessed value is a percentage of the property's market value, and the tax rate is applied to this assessed value to determine the tax bill. Factors that influence the assessed value include property size, location, and any improvements made to the property. Homeowners in Green Valley can expect varying tax bills depending on their property's assessed value. For example, the 25th percentile tax bill is around $1,282, while the 75th percentile tax bill reaches approximately $2,732. Those in the 90th percentile can see tax bills as high as $3,640. These figures highlight the range of property tax obligations within the community. Compared to the national median property tax rate of 0.99%, Green Valley’s property tax rates can significantly impact homeowners, especially when considering the highest median tax bill in the county, which is $4,833 in the 85718 zip code. Conversely, the lowest median tax bill in the county is $1,033 in the 85629 zip code.
Average Green Valley Tax Bill
$1,931
Average Pima County Tax Bill
$2,088
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Green Valley, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85269 | N/A | N/A | N/A | N/A | N/A |
| 85288 | $2,297 | $2,297 | $2,297 | $2,297 | $2,297 |
| 85614 | $588 | $1,212 | $1,814 | $2,667 | $3,728 |
| 85622 | $1,175 | $1,570 | $2,273 | $2,853 | $3,449 |
| 85629 | $534 | $690 | $1,033 | $1,134 | $1,397 |
| 85652 | $2,562 | $2,562 | $2,562 | $2,562 | $2,562 |
| 85712 | $2,768 | $2,768 | $2,768 | $2,768 | $2,768 |
| 85716 | $2,837 | $2,837 | $2,837 | $2,837 | $2,837 |
| 85718 | $4,833 | $4,833 | $4,833 | $4,833 | $4,833 |
| 86298 | $2,656 | $2,656 | $2,656 | $2,656 | $2,656 |
| 86529 | $1,917 | $1,917 | $1,917 | $1,917 | $1,917 |
Source: Ownwell