Bouse, Arizona Property Taxes
The median property tax rate in Bouse, AZ is 1.00%, slightly higher than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Bouse, the typical annual property tax bill reaches $561, well below the national median of $2,690. Property taxes in Bouse 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 Bouse'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 Bouse or another part of La Paz County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bouse, 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 Bouse Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bouse with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bouse 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 Bouse, Arizona
Property taxes in Bouse, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bouse is 1.00%, slightly above the U.S. national median of 0.99%. Local government entities within Bouse set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bouse 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 Bouse's effective property tax rate to other areas in La Paz County and the national median. For comparison, the zip code 85325 has both the highest and lowest median property tax rate of 1.00%. Understanding how these areas compare with Bouse provides valuable insights into the varying tax landscape across La Paz County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bouse Tax Rate
1.00%
Average La Paz County Tax Rate
0.85%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bouse, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85325 | 0.56% | 0.79% | 1.00% | 1.29% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Bouse, Arizona
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bouse, Arizona. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the La Paz 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 Bouse, 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 Bouse is $56,414, with property tax bills ranging from $329 at the 25th percentile to $1,329 at the 90th percentile. The highest and lowest median tax bills both stand at $561 in the 85325 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 Bouse Assessed Value
$56,414
Average La Paz County Assessed Value
$97,828
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bouse, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85325 | $21,863 | $34,407 | $56,414 | $87,824 | $126,383 |
Source: Ownwell
Property Tax Bills Across Bouse, Arizona
In Bouse, located in La Paz County, AZ, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county assessor and is a percentage of the property's market value. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Bouse typically see property tax bills ranging from $329 at the 25th percentile to $850 at the 75th percentile, with the 90th percentile reaching up to $1,329. The median home price in Bouse is $56,414, and the median tax bill is $561, which is significantly lower than the national median property tax rate of 0.99%. These property taxes fund essential local services such as schools, public safety, and infrastructure. For homeowners, understanding how these taxes are calculated can help in financial planning and ensuring that they are not overpaying.
Average Bouse Tax Bill
$561
Average La Paz County Tax Bill
$836
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Bouse, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85325 | $182 | $329 | $561 | $850 | $1,329 |
Source: Ownwell