Sun Lakes, Maricopa County, Arizona Property Taxes
Median Sun Lakes, AZ effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but higher than the Arizona state median of 0.56%.
Median Sun Lakes, AZ home value: $351,300
Median annual Sun Lakes, AZ tax bill: $2,623, $223 higher than the national median property tax bill of $2,400.
How are property taxes in Maricopa County calculated?
Property taxes in Sun Lakes, 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 Sun Lakes’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sun Lakes, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sun Lakes, Maricopa County, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$2,740
$2,543
Property Tax Rates Across Sun Lakes, Maricopa County, Arizona
Local government entities are responsible for setting tax rates, which can vary significantly 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.
Sun Lakes in Maricopa County, Arizona, presents a unique property tax landscape. The median property tax rate here is 0.78%, which is lower than the national median of 1.02%. This makes Sun Lakes an attractive location for property owners seeking lower tax rates. The property tax rate in Sun Lakes is consistent across the board, as both the highest and lowest median tax rates in the area are the same at 0.78%. This uniformity indicates a stable tax environment, which can be appealing to potential homeowners. Comparing Sun Lakes’ effective property tax rate to other cities in Arizona and the median property tax rates in the U.S. highlights its competitive advantage for those considering a move.
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 Sun Lakes Tax Rate
0.78%
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 Maricopa County Tax Rate
0.52%
Median Effective Arizona Tax Rate
0.56%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sun Lakes, Maricopa County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85248 | 0.62% | 0.69% | 0.78% | 0.87% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Sun Lakes, Maricopa County, Arizona
When examining property taxes in Sun Lakes, 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 Maricopa County appraisal district 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 Maricopa 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 Sun Lakes. For example, the median home price in Sun Lakes is $351,300, with tax bills ranging significantly across the county. Zip code 85248 has the highest median home price at $351,300.
Property Tax Assessment Values Across Sun Lakes, Maricopa County, Arizona
Source: Ownwell
$57,600
$855,800
$1,654,000
Median Sun Lakes Market Value
$351,300
Median Maricopa County Market Value
$328,300
Median Arizona Market Value
$302,154
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sun Lakes, Maricopa County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85248 | $108,500 | $288,350 | $351,300 | $429,700 | $504,230 |
Source: Ownwell
Property Tax Bills Across Sun Lakes, Maricopa County, Arizona
In Sun Lakes, AZ, property tax bills are calculated based on the assessed value of the home, which is determined by the Maricopa County Assessor's office. The assessed value is a percentage of the property's market value. This is then multiplied by the local tax rate to determine the tax bill. In Maricopa County, the median tax bill is $2,623, which is slightly above the national median of $2,400. Factors that influence the tax bill include property size, location, and any improvements made to the property. Homeowners in Sun Lakes may find their tax bills vary, with the 25th percentile at $1,846 and the 75th percentile at $3,453, indicating a range based on property specifics.
Ownwell assists homeowners by identifying potential savings through property tax appeals. By analyzing property assessments and comparing them to similar properties, Ownwell can help homeowners challenge their assessments, potentially lowering their tax bills. This service can be particularly beneficial for those in the higher tax brackets, such as the 90th percentile, where bills can reach $4,342.
Median Sun Lakes Tax Bill
$2,623
Median Maricopa County Tax Bill
$1,766
Median Arizona Tax Bill
$1,666
Median United States Tax Bill
$2,400
Property Tax Bills Across Sun Lakes, Maricopa County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85248 | $1,071 | $1,846 | $2,623 | $3,453 | $4,342 |
Source: Ownwell