Greer, Arizona Property Taxes
The median property tax rate in Greer, AZ is 0.52%, which is lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Greer at $327,255, the typical annual property tax bill amounts to $1,576, well below the national median of $2,690. Property taxes in Greer are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Greer'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 Greer or another part of Apache County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Greer, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.52%
Estimate Property Tax Bill
$1,702
$1,579
Ownwell’s GREER Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in GREER with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in GREER 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 Greer, Arizona
Property taxes in Greer, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Greer is 0.52%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Greer set these rates annually, and they can vary across different neighborhoods. Each year, Greer 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 Greer's effective property tax rate to other areas in Apache County and the national median. For comparison, the zip code 85927 has the highest median property tax rate of 0.52%, while the same zip code also has the lowest median tax rate of 0.52%. Understanding how these areas compare with Greer 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 Greer Tax Rate
0.52%
Average Apache County Tax Rate
0.45%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greer, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85927 | 0.33% | 0.42% | 0.52% | 0.58% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Greer, Arizona
In Greer, 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 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 Greer, 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. The median home price in Greer is $327,255, with tax bills ranging from $836 at the 25th percentile to $3,922 at the 90th percentile. The highest and lowest median tax bills are both $1,576 and are found in the 85927 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Greer Assessed Value
$327,255
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 Greer, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85927 | $85,058 | $182,665 | $327,255 | $512,107 | $760,613 |
Source: Ownwell
Property Tax Bills Across Greer, Arizona
In Greer, located in Apache County, AZ, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to determine the final tax bill. The median home price in Greer is $327,255, and the property tax rate in the area is relatively lower compared to the national median property tax rate of 0.99%. Several factors influence the tax bill, including the home's assessed value, local tax rates, and any applicable exemptions or deductions. For instance, the tax bill for the 25th percentile is $836, while it reaches $2,616 for the 75th percentile and $3,922 for the 90th percentile. These variations show how different property values and tax rates can significantly impact homeowners' annual tax obligations. Understanding these factors helps homeowners anticipate their tax liabilities and plan their finances accordingly.
Average Greer Tax Bill
$1,576
Average Apache County Tax Bill
$448
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Greer, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85927 | $360 | $836 | $1,576 | $2,616 | $3,922 |
Source: Ownwell