Wenden, Arizona Property Taxes
The median property tax rate in Wenden, AZ is 1.29%, considerably higher than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Wenden at $28,508, the typical annual property tax bill reaches $319, which is significantly lower than the national median of $2,690. Property taxes in Wenden are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Wenden'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 Wenden 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
Wenden, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$368
Ownwell’s Wenden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wenden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wenden 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 Wenden, Arizona
Property taxes in Wenden, Arizona, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wenden is 1.29%, higher than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Wenden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wenden 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 Wenden's effective property tax rate to other counties in Arizona and the national median. For comparison, the 85357 zip code has the highest median property tax rate of 1.29%, while the same zip code also has the lowest median tax rate of 1.29%. Understanding how these cities compare with Wenden 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 Wenden Tax Rate
1.29%
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 Wenden, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85357 | 0.94% | 1.16% | 1.29% | 1.44% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Wenden, Arizona
In Wenden, 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 La Paz County Appraisal District 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 Wenden, 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 Wenden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Wenden are both $319, found in zip code 85357.
Average Wenden Assessed Value
$28,508
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 Wenden, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85357 | $8,911 | $15,824 | $28,508 | $51,690 | $92,883 |
Source: Ownwell
Property Tax Bills Across Wenden, Arizona
In Wenden, La Paz County, AZ, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. The assessed value is a percentage of the property's market value. Once the assessed value is established, the local tax rate is applied to determine the annual property tax bill. Homeowners in Wenden can expect a range of property tax bills. For instance, at the 25th percentile, the tax bill is around $191, while at the 75th percentile, it rises to approximately $599. At the 90th percentile, homeowners might see tax bills as high as $1,112. The median home price in Wenden is $28,508, significantly lower than the national median, which helps explain the relatively modest property tax bills compared to other regions. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Homeowners need to be aware of these taxes as they can influence overall housing affordability and long-term financial planning.
Average Wenden Tax Bill
$319
Average La Paz County Tax Bill
$836
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Wenden, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85357 | $111 | $191 | $319 | $599 | $1,112 |
Source: Ownwell