Roll, Arizona Property Taxes
The median property tax rate in Roll, Arizona is 1.06%, which is higher than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Roll, the typical annual property tax bill amounts to $503, significantly lower than the national median of $2,690. Property taxes in Roll are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Roll'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 Roll or another part of Yuma County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Roll, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$595
Ownwell's ROLL Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ROLL with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ROLL 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 Roll, Arizona
Property taxes in Roll, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roll is 1.06%, higher than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Roll set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roll 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. For comparison, the 85347 zip code has both the highest and lowest median property tax rate at 1.06%. Understanding how these areas compare with Roll provides valuable insights into the varying tax landscape across Yuma County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Roll Tax Rate
1.06%
Average Yuma County Tax Rate
0.88%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roll, Arizona
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85347 | 0.67% | 0.87% | 1.06% | 1.22% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Roll, Arizona
In ROLL, 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 Yuma 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 ROLL, 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 ROLL helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 85347 has the highest and lowest median tax bill at $503, reflecting the unique property tax landscape in the area.
Average Roll Assessed Value
$56,169
Average Yuma County Assessed Value
$140,081
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Roll, Arizona
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85347 | $5,901 | $14,532 | $56,169 | $131,388 | $315,846 |
Source: Ownwell
Property Tax Bills Across Roll, Arizona
In the city of Roll in Yuma County, AZ, property tax bills are calculated based on the assessed value of the home. The assessed value is determined by the county assessor's office and is a percentage of the property's market value. Homeowners in Roll can expect a range of property tax bills, with the 25th percentile at $173 and the 75th percentile at $1,265. At the 90th percentile, tax bills can reach up to $3,431, reflecting higher-valued properties. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. The highest median tax bill in the area is $503, found in zip code 85347. This figure is relatively low compared to the national median property tax rate of 0.99%, making Roll an attractive location for homeowners seeking lower property taxes. Understanding these factors can help homeowners better anticipate their annual tax obligations and plan their finances accordingly.
Average Roll Tax Bill
$503
Average Yuma County Tax Bill
$1,106
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Roll, Arizona
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85347 | $74 | $173 | $503 | $1,265 | $3,431 |
Source: Ownwell