Dolan Springs, Arizona Property Taxes
The median property tax rate in Dolan Springs, AZ is 0.66%, slightly higher than the Arizona state median of 0.56% but still below the national median of 0.99%. With a median home value of $62,226, the typical annual property tax bill in Dolan Springs amounts to $396, which is significantly lower than the national median of $2,690. Property taxes in Dolan Springs are calculated based on the assessed value, which is often less than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Dolan Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Dolan Springs or another part of Mohave County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dolan Springs, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.66%
Estimate Property Tax Bill
$411
Ownwell’s Dolan Springs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dolan Springs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dolan Springs 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 Dolan Springs, Arizona
Property taxes in Dolan Springs, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dolan Springs is 0.66%, which is lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Dolan Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dolan Springs 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 Dolan Springs' effective property tax rate to other counties in Arizona and the national median. For comparison, the 86441 zip code has both the highest and lowest median property tax rate of 0.66%. Understanding how these cities compare with Dolan Springs 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 Dolan Springs Tax Rate
0.66%
Average Mohave County Tax Rate
0.44%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dolan Springs, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86441 | 0.39% | 0.54% | 0.66% | 0.80% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Dolan Springs, Arizona
In Dolan Springs, 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 Mohave 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 Dolan Springs, 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 Dolan Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $396, found in zip code 86441.
Average Dolan Springs Assessed Value
$62,226
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 Dolan Springs, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86441 | $21,295 | $39,744 | $62,226 | $92,162 | $135,109 |
Source: Ownwell
Property Tax Bills Across Dolan Springs, Arizona
In Dolan Springs, located in Mohave County, AZ, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value, which is then multiplied by the tax rate to calculate the annual tax bill. For homeowners in Dolan Springs, the median home price is $62,226, resulting in varying tax bills. The 25th percentile tax bill is $232, while the 75th percentile reaches $610, and the 90th percentile goes up to $838. These tax bills are influenced by multiple factors, including property size, location, and improvements. Compared to the national median property tax rate of 0.99%, Dolan Springs offers relatively affordable property taxes, with the highest median tax bill in the area being $396. This affordability can make homeownership more accessible and less financially burdensome for residents, providing a significant advantage in the current housing market.
Average Dolan Springs Tax Bill
$396
Average Mohave County Tax Bill
$975
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Dolan Springs, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86441 | $100 | $232 | $396 | $610 | $838 |
Source: Ownwell