Thatcher, Graham County, Arizona Property Taxes
Median Thatcher, AZ effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, but lower than the Arizona state median of 0.56%.
Median Thatcher, AZ home value: $200,200
Median annual Thatcher, AZ tax bill: $1,008, $1,392 lower than the national median property tax bill of $2,400.
How are property taxes in Graham County calculated?
Property taxes in Thatcher, AZ are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Thatcher’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Thatcher, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Thatcher, Graham County, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.52%
Estimate Property Tax Bill
$1,041
$966
Property Tax Rates Across Thatcher, Graham County, Arizona
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Thatcher, located in Graham County, Arizona, the property tax rate stands at 0.52%. This rate is notably lower than the national median property tax rate of 1.02%. Residents in Thatcher benefit from a lower tax burden compared to both the state and national averages. The median property tax bill reflects this advantage, offering homeowners in Thatcher a more affordable option for property ownership.
By examining the effective property tax rate in Thatcher, you can see how it compares to other cities in Arizona and the median property tax rates in the state and the U.S. This insight can be especially useful for potential homeowners looking to understand property tax obligations and budget accordingly.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Thatcher Tax Rate
0.52%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Graham County Tax Rate
0.57%
Median Effective Arizona Tax Rate
0.56%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Thatcher, Graham County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85552 | 0.42% | 0.48% | 0.52% | 0.56% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Thatcher, Graham County, Arizona
When examining property taxes in Thatcher, AZ, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Graham County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Graham County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Thatcher. For example, the median home price in Thatcher is $200,200, with tax bills ranging significantly across the county. Zip code 85552 has the highest median home price at $200,200.
Property Tax Assessment Values Across Thatcher, Graham County, Arizona
Source: Ownwell
$57,983
$151,696
$245,408
Median Thatcher Market Value
$200,200
Median Graham County Market Value
$149,866
Median Arizona Market Value
$302,154
Median United States Market Value
$235,294
Property Tax Assessment Values Across Thatcher, Graham County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85552 | $37,862 | $112,742 | $200,200 | $272,112 | $361,592 |
Source: Ownwell
Property Tax Bills Across Thatcher, Graham County, Arizona
Median Thatcher Tax Bill
$1,008
Median Graham County Tax Bill
$834
Median Arizona Tax Bill
$1,666
Median United States Tax Bill
$2,400
Property Tax Bills Across Thatcher, Graham County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85552 | $203 | $573 | $1,008 | $1,388 | $1,880 |
Source: Ownwell