Ash Fork, Arizona Property Taxes
The median property tax rate in Ash Fork, AZ is 0.50%, which is notably lower than both the national median of 0.99% and the Arizona state median of 0.56%. With a median home value of $107,129 in Ash Fork, the typical annual property tax bill amounts to $556, significantly below the national median of $2,690. Property taxes in Ash Fork are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Ash Fork'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 Ash Fork or another part of Yavapai County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ash Fork, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.5%
Estimate Property Tax Bill
$536
Ownwell’s ASH FORK Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ASH FORK with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ASH FORK 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 Ash Fork, Arizona
Property taxes in Ash Fork, Arizona, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ash Fork is 0.50%, which is lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Ash Fork set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ash Fork 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 Ash Fork's effective property tax rate to other counties in Arizona and the national median. For comparison, the 86320 zip code has the highest median property tax rate of 0.50%, while the same 86320 zip code also has the lowest median tax rate of 0.50%. Understanding how these cities compare with Ash Fork provides valuable insights into the varying tax landscape across Yavapai County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ash Fork Tax Rate
0.50%
Average Yavapai County Tax Rate
0.44%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ash Fork, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86320 | 0.35% | 0.44% | 0.50% | 0.73% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Ash Fork, Arizona
In Ash Fork, 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 Yavapai 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 Ash Fork, 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. For instance, the highest median tax bill in Ash Fork is $556.00, found in the 86320 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ash Fork Assessed Value
$107,129
Average Yavapai County Assessed Value
$367,324
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ash Fork, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86320 | $30,657 | $54,496 | $107,129 | $168,276 | $239,298 |
Source: Ownwell
Property Tax Bills Across Ash Fork, Arizona
In Ash Fork, located in Yavapai County, AZ, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is determined by the county assessor and is a percentage of the property's market value. Various factors influence this assessed value, including the property's location, size, and any improvements made. The median home price in Ash Fork is $107,129, and property tax bills vary significantly within the area. For instance, the 25th percentile tax bill is $270, while the 75th percentile reaches $852. At the higher end, the 90th percentile tax bill is $1,169. This range indicates that while some homeowners may face relatively low property tax bills, others could see much higher amounts depending on their property's assessed value and specific characteristics. Compared to the national median property tax rate of 0.99%, Ash Fork's property tax bills reflect the local economic conditions and property values. Homeowners need to be aware of these factors as they can significantly impact their annual tax obligations.
Average Ash Fork Tax Bill
$556
Average Yavapai County Tax Bill
$1,504
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Ash Fork, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86320 | $167 | $270 | $556 | $852 | $1,169 |
Source: Ownwell