Scottsdale, Arizona Property Taxes
The median property tax rate in Scottsdale, AZ is 0.35%, significantly lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Scottsdale at $405,039, the typical annual property tax bill amounts to $1,419, well below the national median of $2,690. Property taxes in Scottsdale 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 Scottsdale'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 Scottsdale 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
Scottsdale, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.35%
Estimate Property Tax Bill
$1,418
Ownwell’s Scottsdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Scottsdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Scottsdale 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 Scottsdale, Arizona
Property taxes in Scottsdale, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Scottsdale is 0.57%, significantly lower than the U.S. national median of 0.99%. Local government entities within Scottsdale set these rates annually, and they can vary across different neighborhoods. Each year, Scottsdale 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. Understanding how Scottsdale's tax rate compares with other areas 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 Scottsdale Tax Rate
0.35%
Average Pinal County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Scottsdale, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85258 | 0.35% | 0.35% | 0.35% | 0.35% | 0.35% |
Source: Ownwell
Property Tax Assessment Values Across Scottsdale, Arizona
In Scottsdale, 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 Pinal 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 Scottsdale, 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 Scottsdale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Scottsdale are both $1,419, found in the 85258 zip code.
Average Scottsdale Assessed Value
$405,039
Average Pinal County Assessed Value
$319,292
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Scottsdale, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85258 | $405,039 | $405,039 | $405,039 | $405,039 | $405,039 |
Source: Ownwell
Property Tax Bills Across Scottsdale, Arizona
In Scottsdale, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor's office and is a percentage of the market value of the property. For homeowners in Scottsdale, the median home price is $405,039. The tax rate in Scottsdale is influenced by various factors, including local government budgets, school funding, and public services. The median property tax bill in Scottsdale is $1,419, which is significantly lower than the national median property tax rate of 0.99%. Homeowners should be aware that property taxes can impact their overall housing costs and should be factored into their budget planning. Understanding how these taxes are calculated and what influences them can help homeowners anticipate changes in their annual tax bills and manage their finances more effectively.
Average Scottsdale Tax Bill
$1,419
Average Pinal County Tax Bill
$1,519
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Scottsdale, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85258 | $1,419 | $1,419 | $1,419 | $1,419 | $1,419 |
Source: Ownwell