Bullhead City, Arizona Property Taxes
The median property tax rate in Bullhead City, AZ is 0.55%, which is lower than both the national median of 0.99% and the Arizona state median of 0.56%. With a median home value of $200,202 in Bullhead City, the typical annual property tax bill amounts to $839, significantly below the national median of $2,690. Property taxes in Bullhead City 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 Bullhead City's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Bullhead City 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
Bullhead City, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,101
$1,022
Ownwell’s Bullhead City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bullhead City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bullhead City 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 Bullhead City, Arizona
Property taxes in Bullhead City, Arizona, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Bullhead City is 0.55%, which is lower than the U.S. national median of 0.99%. Local government entities within Bullhead City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bullhead City 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 Bullhead City's effective property tax rate to other areas in Mohave County and the national median. For comparison, the 86429 zip code has the highest median property tax rate of 0.60%, while the 86442 zip code has the lowest median tax rate of 0.54%. Understanding how these areas compare with Bullhead City provides valuable insights into the varying tax landscape across Mohave County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bullhead City Tax Rate
0.55%
Average Mohave County Tax Rate
0.44%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bullhead City, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86429 | 0.42% | 0.52% | 0.60% | 0.66% | 0.73% |
| 86442 | 0.35% | 0.45% | 0.54% | 0.62% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Bullhead City, Arizona
In Bullhead City, 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 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 Bullhead City, 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 Bullhead City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $1,785 in zip code 86429, while the lowest is $662 in zip code 86442.
Average Bullhead City Assessed Value
$200,202
Average Mohave County Assessed Value
$255,876
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bullhead City, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86429 | $103,104 | $231,994 | $320,501 | $421,866 | $523,006 |
| 86442 | $43,933 | $64,375 | $166,837 | $265,918 | $379,356 |
Source: Ownwell
Property Tax Bills Across Bullhead City, Arizona
In Bullhead City, located in Mohave County, AZ, property tax bills are calculated based on the assessed value of a home. The assessment typically reflects a percentage of the property's market value, which is determined by the county assessor. Homeowners in Bullhead City experience varying property tax bills, influenced by the specific characteristics and value of their properties. For instance, the median home price in Bullhead City is $200,202. The tax bill can range significantly, with the 25th percentile at $384 and the 75th percentile at $1,681, highlighting the variability based on property value and exemptions. The highest median tax bill in the area is $1,785 in the 86429 zip code, while the lowest is $662 in the 86442 zip code. These property taxes impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Understanding how these taxes are calculated and their implications can help homeowners better manage their finances and anticipate annual expenses.
Average Bullhead City Tax Bill
$839
Average Mohave County Tax Bill
$975
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Bullhead City, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86429 | $450 | $1,052 | $1,785 | $2,492 | $3,155 |
| 86442 | $198 | $343 | $662 | $1,336 | $2,165 |
Source: Ownwell