Graham County, Arizona Property Taxes
The median property tax rate in Graham County is 0.57%, slightly above the Arizona state median of 0.56% but still lower than the national median of 0.99%. With a median home value of $149,866, the typical annual property tax bill in Graham County amounts to $834, which is significantly less than the national median of $2,690. Property taxes in Graham County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Graham County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to significant annual savings. Whether you reside in Safford or another part of Graham County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Graham County, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.57%
Estimate Property Tax Bill
$854
$793
Ownwell’s Graham County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Graham County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Graham County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Graham County, Arizona
Property taxes in Graham County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Graham County is 0.57%, which is lower than the U.S. national median of 0.99%. Local government entities within Graham County set these rates annually, and they can vary significantly between different areas within the county. Each year, Graham County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Graham County's effective property tax rate with other counties in Arizona and the national median. For comparison, the city of Eden has one of the higher property tax rates in Arizona at 0.69%, while the city of Fort Thomas boasts one of the lowest at 0.50%. Analyzing how Graham County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Graham County Tax Rate
0.57%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Graham County, Arizona
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Central | 0.45% | 0.51% | 0.55% | 0.62% | 0.76% |
| Eden | N/A | N/A | N/A | N/A | N/A |
| Fort Thomas | 0.32% | 0.39% | 0.50% | 0.59% | 0.63% |
| Pima | 0.35% | 0.47% | 0.55% | 0.65% | 0.80% |
| Safford | 0.44% | 0.54% | 0.60% | 0.72% | 0.83% |
| Solomon | 0.39% | 0.54% | 0.65% | 0.82% | 0.92% |
| Thatcher | 0.42% | 0.48% | 0.52% | 0.56% | 0.65% |
| Willcox | 0.36% | 0.49% | 0.63% | 0.80% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Graham County, Arizona
In Graham County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Graham County Appraisal District. The assessed value, however, 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 Graham County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Central has the highest median tax bill at $1,244, while Fort Thomas has the lowest at $290. Being aware of these valuation processes in Graham County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Graham County Assessed Value
$149,866
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Graham County, Arizona
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Central | $54,140 | $106,589 | $245,408 | $358,518 | $470,652 |
| Eden | N/A | N/A | N/A | N/A | N/A |
| Fort Thomas | $16,056 | $25,343 | $57,983 | $130,010 | $233,966 |
| Pima | $22,773 | $50,347 | $129,626 | $233,605 | $316,660 |
| Safford | $27,677 | $73,435 | $140,567 | $202,658 | $265,990 |
| Solomon | $14,984 | $33,900 | $73,750 | $101,961 | $131,683 |
| Thatcher | $37,862 | $112,742 | $200,200 | $272,112 | $361,592 |
| Willcox | $24,398 | $49,644 | $95,236 | $181,728 | $267,958 |
Source: Ownwell
Property Tax Bills Across Graham County, Arizona
In Graham County, AZ, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Various factors such as location, property size, and improvements are considered to estimate the market value. Homeowners in Graham County see a range of property tax bills depending on these assessments. For instance, the median home price in the county is $149,866. Tax bills can vary significantly, with the 25th percentile at $427 and the 75th percentile at $1,231, reflecting differences in property values and assessment criteria. Comparatively, the highest median tax bill in the county is $1,244 in Central, while Fort Thomas has the lowest median tax bill at $290. These variations highlight how local factors influence property taxes. Understanding these factors can help homeowners anticipate their property tax obligations and manage their finances more effectively.
Average Graham County Tax Bill
$834
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Graham County, Arizona
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Central | $406 | $626 | $1,244 | $1,937 | $2,476 |
| Eden | N/A | N/A | N/A | N/A | N/A |
| Fort Thomas | $76 | $136 | $290 | $582 | $1,086 |
| Pima | $114 | $287 | $691 | $1,300 | $1,837 |
| Safford | $188 | $459 | $811 | $1,156 | $1,543 |
| Solomon | $113 | $209 | $405 | $640 | $795 |
| Thatcher | $203 | $573 | $1,008 | $1,388 | $1,880 |
| Willcox | $192 | $303 | $540 | $1,194 | $1,694 |
Source: Ownwell