Eagar, Arizona Property Taxes
The median property tax rate in Eagar, AZ is 0.28%, significantly lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Eagar at $166,270, the typical annual property tax bill is $437, well below the national median of $2,690. Property taxes in Eagar are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Eagar'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 Eagar 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
Eagar, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.28%
Estimate Property Tax Bill
$466
Ownwell’s Eagar Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eagar with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eagar 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 Eagar, Arizona
Property taxes in Eagar, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eagar is 0.28%, which is significantly lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Eagar set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eagar 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 Eagar's effective property tax rate to other counties in Arizona and the national median. For comparison, the highest median property tax rate in Arizona is 0.72%, while the lowest median tax rate is 0.28%. Understanding how these cities compare with Eagar provides valuable insights into the varying tax landscape across Apache County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eagar Tax Rate
0.28%
Average Apache County Tax Rate
0.45%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eagar, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85925 | 0.19% | 0.23% | 0.28% | 0.34% | 0.41% |
Source: Ownwell
Property Tax Assessment Values Across Eagar, Arizona
In Eagar, 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 Apache County Appraisal District 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. Assessment notices in Eagar 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 Eagar helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Eagar is $166,270, with tax bills ranging from $277 at the 25th percentile to $936 at the 90th percentile. The highest and lowest median tax bill in the area is $437, found in the 85925 zip code.
Average Eagar Assessed Value
$166,270
Average Apache County Assessed Value
$114,458
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eagar, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85925 | $40,024 | $96,209 | $166,270 | $258,937 | $344,448 |
Source: Ownwell
Property Tax Bills Across Eagar, Arizona
Property tax bills in Eagar, located in Apache County, AZ, are calculated based on the assessed value of a property, which is determined by the local county assessor's office. The assessed value is typically a percentage of the property's market value. For homeowners in Eagar, the median home price is $166,270, and property tax rates are applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. Homeowners in Eagar see a range of tax bills, with the 25th percentile paying around $277 annually, while those in the 75th percentile pay approximately $681. The 90th percentile reaches up to $936. These figures are relatively low compared to the national median property tax rate of 0.99%, reflecting the region's lower property values and tax rates. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Eagar Tax Bill
$437
Average Apache County Tax Bill
$448
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Eagar, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85925 | $141 | $277 | $437 | $681 | $936 |
Source: Ownwell