Scottsdale, Arizona Property Taxes
The median property tax rate in Scottsdale, AZ is 0.44%, significantly lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Scottsdale at $560,800, the typical annual property tax bill reaches $2,604, which is just below the national median of $2,690. Property taxes in Scottsdale 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 Scottsdale'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 Scottsdale 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
Scottsdale, 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 Scottsdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Scottsdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Scottsdale 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 Maricopa County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Scottsdale, Arizona
Property taxes in Scottsdale, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Scottsdale is 0.44%, which is significantly lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Scottsdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Scottsdale 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 Scottsdale's effective property tax rate to other counties in Arizona and the national median. For comparison, the 85254 zip code has the highest median property tax rate of 0.59%, while the 85258 zip code has the lowest median tax rate of 0.44%. Understanding how these cities compare with Scottsdale provides valuable insights into the varying tax landscape across Maricopa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Scottsdale Tax Rate
0.44%
Average Maricopa County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Scottsdale, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85250 | 0.29% | 0.32% | 0.36% | 0.43% | 0.49% |
| 85251 | 0.24% | 0.28% | 0.33% | 0.39% | 0.53% |
| 85253 | 0.28% | 0.30% | 0.33% | 0.34% | 0.34% |
| 85254 | 0.46% | 0.53% | 0.59% | 0.66% | 0.72% |
| 85255 | 0.40% | 0.46% | 0.54% | 0.63% | 0.70% |
| 85256 | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% |
| 85257 | 0.25% | 0.27% | 0.30% | 0.35% | 0.44% |
| 85258 | 0.35% | 0.40% | 0.44% | 0.49% | 0.54% |
| 85259 | 0.39% | 0.44% | 0.50% | 0.54% | 0.57% |
| 85260 | 0.33% | 0.40% | 0.45% | 0.51% | 0.57% |
| 85262 | 0.26% | 0.31% | 0.38% | 0.43% | 0.47% |
| 85266 | 0.32% | 0.37% | 0.39% | 0.44% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Scottsdale, Arizona
In Scottsdale, 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 Maricopa 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 Scottsdale, 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 Scottsdale is $560,800. The median annual tax bill varies significantly, with the 25th percentile at $1,428 and the 75th percentile at $4,074. Notably, the highest median tax bill is $4,359 in zip code 85255, while the lowest is $1,013 in zip code 85256. 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 Scottsdale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Scottsdale Assessed Value
$560,800
Average Maricopa County Assessed Value
$328,300
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Scottsdale, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85250 | $231,100 | $309,300 | $436,700 | $522,800 | $667,710 |
| 85251 | $179,700 | $230,000 | $377,600 | $547,100 | $766,300 |
| 85253 | $716,140 | $738,400 | $775,500 | $834,500 | $869,900 |
| 85254 | $309,200 | $471,000 | $589,150 | $690,200 | $864,790 |
| 85255 | $407,800 | $570,075 | $793,700 | $1,189,850 | $1,780,650 |
| 85256 | $283,500 | $283,500 | $283,500 | $283,500 | $283,500 |
| 85257 | $190,600 | $323,700 | $412,800 | $469,100 | $541,200 |
| 85258 | $251,700 | $360,600 | $575,050 | $765,000 | $969,790 |
| 85259 | $348,000 | $481,100 | $729,800 | $1,038,300 | $1,356,360 |
| 85260 | $252,300 | $320,600 | $483,700 | $670,500 | $1,021,600 |
| 85262 | $522,540 | $656,100 | $928,800 | $1,482,700 | $2,396,420 |
| 85266 | $537,820 | $636,300 | $818,500 | $1,060,425 | $1,356,270 |
Source: Ownwell
Property Tax Bills Across Scottsdale, Arizona
In Scottsdale, property tax bills are calculated based on the assessed value of a home, which is determined by the Maricopa County Assessor's Office. This assessed value is a percentage of the property's market value. For instance, with a median home price of $560,800, the assessed value is a fraction of this market price. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Several factors influence the final tax bill, including the specific tax rate in the homeowner's area and any applicable exemptions. In Scottsdale, property tax bills can vary significantly. The 25th percentile tax bill is $1,428, while the 75th percentile reaches $4,074. At the 90th percentile, homeowners may see bills as high as $6,155. The highest median tax bill in Scottsdale is $4,359 in the 85255 zip code, whereas the lowest is $1,013 in the 85256 zip code. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their finances effectively.
Average Scottsdale Tax Bill
$2,604
Average Maricopa County Tax Bill
$1,766
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Scottsdale, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85250 | $772 | $1,123 | $1,573 | $1,992 | $2,704 |
| 85251 | $460 | $661 | $1,296 | $1,967 | $3,347 |
| 85253 | $2,341 | $2,377 | $2,436 | $2,536 | $2,596 |
| 85254 | $1,834 | $2,746 | $3,461 | $4,318 | $5,464 |
| 85255 | $2,216 | $2,997 | $4,359 | $6,332 | $8,988 |
| 85256 | $1,013 | $1,013 | $1,013 | $1,013 | $1,013 |
| 85257 | $528 | $942 | $1,222 | $1,467 | $1,896 |
| 85258 | $913 | $1,573 | $2,557 | $3,439 | $4,760 |
| 85259 | $1,400 | $2,084 | $3,643 | $5,350 | $7,271 |
| 85260 | $837 | $1,339 | $2,221 | $3,244 | $5,297 |
| 85262 | $1,616 | $2,263 | $3,533 | $5,860 | $9,673 |
| 85266 | $2,114 | $2,541 | $3,174 | $4,091 | $5,367 |
Source: Ownwell