Tempe, Maricopa County, Arizona Property Taxes

Name: Property Tax Bills Across Tempe, Maricopa County, Arizona
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Tempe, AZ effective property tax rate: 0.57%, significantly lower than the national median of 1.02%, but higher than the Arizona state median of 0.56%.
Median Tempe, AZ home value: $361,800
Median annual Tempe, AZ tax bill: $2,007, $393 lower than the national median property tax bill of $2,400.

How are property taxes in Maricopa County calculated?

Property taxes in Tempe, 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 Tempe’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tempe, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Tempe, Maricopa County, Arizona Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.57%

Estimate Property Tax Bill

$2,062

$1,914

Ownwell’s Tempe Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tempe with just two data points. By entering your property's estimated assessed value, our calculator applies Tempe’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Maricopa County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tempe, Maricopa County, Arizona

Local government entities set tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Maricopa County, Tempe's effective property tax rate is a key point of interest. When compared to other cities in Arizona, Tempe's tax rate offers a unique perspective on property taxation in the state. The median property tax rate in Arizona stands below the national median, making it an attractive option for property owners. This is evident when comparing Tempe's rates against the national median property tax rate of 1.02%. Additionally, the highest and lowest median tax rates in Tempe also reflect the diversity in property taxation across different zip codes within the city. This variation highlights the importance of understanding local tax dynamics when considering property investments in Tempe.

Property Tax Rates Across Tempe, Maricopa County, Arizona

Source: Ownwell

0.30%

0.61%

0.91%

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 Tempe Tax Rate

0.57%

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 Tempe, Maricopa County, Arizona

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
85281	0.37%	0.45%	0.52%	0.63%	0.83%
85282	0.44%	0.49%	0.53%	0.58%	0.63%
85283	0.44%	0.51%	0.58%	0.65%	0.73%
85284	0.61%	0.66%	0.71%	0.78%	0.85%
85288	0.32%	0.41%	0.56%	0.68%	0.78%

Source: Ownwell

Property Tax Assessment Values Across Tempe, Maricopa County, Arizona

When examining property taxes in Tempe, 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 Assessor's Office 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.

Assessment notices: 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 Tempe.

For example, the median home price in Tempe is $361,800, with tax bills ranging significantly across the county. Zip code 85284 has the highest median home price at $513,300.

Property Tax Assessment Values Across Tempe, Maricopa County, Arizona

Source: Ownwell

$57,600

$855,800

$1,654,000

Median Tempe Market Value

$361,800

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 Tempe, Maricopa County, Arizona

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
85281	$176,800	$232,350	$333,500	$400,300	$501,500
85282	$205,600	$273,200	$358,600	$407,600	$457,300
85283	$209,200	$290,500	$357,800	$415,200	$481,600
85284	$349,300	$429,000	$513,300	$632,600	$871,500
85288	$185,300	$250,800	$292,600	$358,750	$426,300

Source: Ownwell

Property Tax Bills Across Tempe, Maricopa County, Arizona

In Tempe, located in Maricopa County, AZ, property tax bills are determined by the assessed value of a property, which is derived from the market value. The median home price in Tempe is $361,800, and the property's assessed value is multiplied by the local tax rate to calculate the tax bill. Factors such as location, property size, and improvements can influence this assessed value. Homeowners in Tempe face a median property tax bill that can range significantly, from the 25th percentile at $1,432 to the 90th percentile at $3,776. The highest median tax bill in the area is $3,624 in ZIP code 85284, while the lowest is $1,655 in ZIP code 85288. Compared to the national median property tax bill of $2,400, Tempe's tax bills can be relatively high. Ownwell assists homeowners by identifying potential tax savings through appeals and exemptions, ensuring they are not overpaying. By leveraging local expertise, Ownwell can help reduce the financial burden on homeowners, potentially saving them a substantial amount on their property taxes.

Property Tax Bills Across Tempe, Maricopa County, Arizona

Source: Ownwell

$264

$3,639

$7,013

Median Tempe Tax Bill

$2,007

Median Maricopa County Tax Bill

$1,766

Median Arizona Tax Bill

$1,666

Median United States Tax Bill

$2,400

Property Tax Bills Across Tempe, Maricopa County, Arizona

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
85281	$802	$1,203	$1,686	$2,356	$3,284
85282	$1,003	$1,386	$1,857	$2,254	$2,727
85283	$998	$1,450	$2,049	$2,639	$3,312
85284	$2,317	$2,921	$3,624	$4,701	$6,774
85288	$802	$1,164	$1,655	$2,103	$2,600

Source: Ownwell