White Hills, Arizona Property Taxes
The median property tax rate in White Hills, AZ is 0.48%, considerably lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in White Hills at $88,364, the typical annual property tax bill reaches $423, far below the national median of $2,690. Property taxes in White Hills 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 White Hills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of White Hills 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
White Hills, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$424
$394
Ownwell’s WHITE HILLS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WHITE HILLS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WHITE HILLS 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 White Hills, Arizona
Property taxes in White Hills, Arizona, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in White Hills is 0.48%, which is lower than the U.S. national median of 0.99%. Local government entities within White Hills set these rates annually, and they can vary across different neighborhoods. Each year, White Hills 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 White Hills' effective property tax rate to other areas in Mohave County and the national median. For comparison, the 86445 zip code has both the highest and lowest median property tax rate of 0.48%. Understanding how these areas compare with White Hills 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 White Hills Tax Rate
0.48%
Average Mohave County Tax Rate
0.44%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across White Hills, Arizona
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
86445 | 0.29% | 0.38% | 0.48% | 0.57% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across White Hills, Arizona
In White Hills, 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 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 White Hills, 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 White Hills 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 $423.00 in the 86445 zip code.
Average White Hills Assessed Value
$88,364
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 White Hills, Arizona
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
86445 | $38,602 | $63,518 | $88,364 | $155,308 | $253,379 |
Source: Ownwell
Property Tax Bills Across White Hills, Arizona
Property tax bills in White Hills, located in Mohave County, AZ, are calculated based on the assessed value of a property and the local tax rate. The median home price in White Hills is $88,364. The tax bill is determined by multiplying the assessed value by the property tax rate set by local authorities. For instance, homeowners in the 25th percentile can expect a tax bill around $295, while those in the 75th percentile might see a bill of approximately $664. At the 90th percentile, tax bills can reach up to $1,032. Factors such as property improvements, market fluctuations, and local government budget needs play a role in determining the assessed value. Compared to the national median property tax rate of 0.99%, White Hills offers a relatively affordable tax environment. This can significantly impact homeowners by reducing the overall cost of property ownership, making it an attractive option for those looking to manage their expenses.
Average White Hills Tax Bill
$423
Average Mohave County Tax Bill
$975
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across White Hills, Arizona
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
86445 | $177 | $295 | $423 | $664 | $1,032 |
Source: Ownwell