Safford, Arizona Property Taxes
The median property tax rate in Safford, AZ is 0.60%, slightly higher than the Arizona state median of 0.56% but still below the national median of 0.99%. With a median home value of $140,567 in Safford, the typical annual property tax bill amounts to $811, significantly lower than the national median of $2,690. Property taxes in Safford 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 Safford'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 Safford 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
Safford, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$843
Ownwell’s Safford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Safford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Safford 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 Graham County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Safford, Arizona
Property taxes in Safford, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Safford is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Safford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Safford 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 Safford's effective property tax rate to other areas in Graham County and the national median. For comparison, the zip code 85546 has both the highest and lowest median property tax rate of 0.60%. Understanding how these regions compare with Safford provides valuable insights into the varying tax landscape across Graham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Safford Tax Rate
0.60%
Average Graham County Tax Rate
0.57%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Safford, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85546 | 0.44% | 0.54% | 0.60% | 0.72% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Safford, Arizona
In Safford, 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 Graham 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 Safford, 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 Safford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $811.00, observed in zip code 85546.
Average Safford Assessed Value
$140,567
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 Safford, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85546 | $27,677 | $73,435 | $140,567 | $202,658 | $265,990 |
Source: Ownwell
Property Tax Bills Across Safford, Arizona
In Safford, located in Graham 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 annual tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. For homeowners in Safford, the tax burden can vary significantly. The 25th percentile tax bill stands at $459, while the 75th percentile reaches $1,156, and the 90th percentile climbs to $1,543. These figures reflect a range of tax obligations, which can impact household budgets differently. The highest median tax bill in the area is $811, found in the 85546 zip code, which is also the lowest median tax bill, indicating a relatively consistent tax rate across the region. Compared to the national median property tax rate of 0.99%, Safford's tax rates offer a unique perspective on how local property taxes can affect homeowners in this specific part of Arizona.
Average Safford Tax Bill
$811
Average Graham County Tax Bill
$834
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Safford, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85546 | $188 | $459 | $811 | $1,156 | $1,543 |
Source: Ownwell