Ash Fork, Arizona Property Taxes
The median property tax rate in Ash Fork, AZ is 1.08%, which is significantly higher than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Ash Fork at $10,521, the typical annual property tax bill amounts to $149, which is notably lower than the national median of $2,690. Property taxes in Ash Fork are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as primary residence and agricultural exemptions. 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 Coconino County, grasping 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
$2,500,000
$5,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$1,120
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, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ash Fork is 1.08%, which is higher than 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 areas in Arizona and the national median. For comparison, the zip code 86320 has both the highest and lowest median property tax rate of 1.08%. Understanding how these areas compare with Ash Fork provides valuable insights into the varying tax landscape across Coconino County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ash Fork Tax Rate
1.08%
Average Coconino County Tax Rate
0.54%
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 | 0.62% | 0.87% | 1.08% | 1.28% | 1.54% |
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 Coconino 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. Being aware of these valuation processes in Ash Fork helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Ash Fork is $10,521, with tax bills ranging from $71 at the 25th percentile to $539 at the 90th percentile. The highest and lowest median tax bills are both $149 in the 86320 zip code.
Average Ash Fork Assessed Value
$10,521
Average Coconino County Assessed Value
$335,366
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 | $4,590 | $5,878 | $10,521 | $36,155 | $57,003 |
Source: Ownwell
Property Tax Bills Across Ash Fork, Arizona
In Ash Fork, located in Coconino County, AZ, property tax bills are calculated based on the assessed value of a home. The county assessor determines this value, which is typically a percentage of the market value of the property. For homeowners in Ash Fork, the median home price stands at $10,521. Property tax rates are then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's location, its assessed value, and the specific tax rate set by local authorities. In Ash Fork, the property tax bills vary significantly. For example, the 25th percentile tax bill is $71, while the 75th percentile tax bill reaches $337, and the 90th percentile tax bill is $539. These tax bills are relatively low compared to the national median property tax rate of 0.99%, reflecting the lower property values in the area. For homeowners, understanding these factors can help in budgeting and financial planning, ensuring they are prepared for their annual property tax obligations.
Average Ash Fork Tax Bill
$149
Average Coconino County Tax Bill
$1,766
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 | $45 | $71 | $149 | $337 | $539 |
Source: Ownwell