Superior, Arizona Property Taxes
The median property tax rate in Superior, AZ is 0.47%, significantly lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Superior, the typical annual property tax bill amounts to $542, well below the national median of $2,690. Property taxes in Superior are calculated based on the tax assessed value, which generally falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Superior's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Superior or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Superior, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$551
Ownwell’s Superior Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Superior with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Superior 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 Superior, Arizona
Property taxes in Superior, Arizona, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Superior is 0.47%, which is lower than the U.S. national median of 0.99%. Local government entities within Superior set these rates annually, and they can vary significantly across different neighborhoods. Each year, Superior 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 Superior's effective property tax rate to other counties in Arizona and the national median. For comparison, the zip code 85173 has the same median property tax rate of 0.47%. Understanding how these cities compare with Superior provides valuable insights into the varying tax landscape across Pinal County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Superior Tax Rate
0.47%
Average Pinal County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Superior, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85173 | 0.29% | 0.38% | 0.47% | 0.57% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Superior, Arizona
In Superior, 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 Pinal County 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 Superior, 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 Superior helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 85173, with a median tax bill of $542.
Average Superior Assessed Value
$117,273
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 Superior, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85173 | $48,274 | $78,227 | $117,273 | $163,919 | $217,094 |
Source: Ownwell
Property Tax Bills Across Superior, Arizona
In Superior, AZ, property tax bills are calculated based on the assessed value of a home, which is determined by the Pinal County Assessor's Office. The assessed value is a percentage of the market value of the property. Once the assessed value is established, the local property tax rate is applied to calculate the annual tax bill. For homeowners in Superior, the median home price is $117,273, and the property tax rate is influenced by various factors, including local government budgets and community needs. Homeowners can expect their tax bills to range significantly, with the 25th percentile at $322 and the 75th percentile at $817. For those in the 90th percentile, tax bills can reach up to $1,212. These property taxes fund essential public services such as schools, public safety, and infrastructure. Understanding how these taxes are calculated helps homeowners anticipate their financial obligations and plan accordingly. The highest and lowest median tax bills in Superior both stand at $542, which is below the national median property tax rate of 0.99%.
Average Superior Tax Bill
$542
Average Pinal County Tax Bill
$1,519
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Superior, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85173 | $164 | $322 | $542 | $817 | $1,212 |
Source: Ownwell