Heber, Arizona Property Taxes
The median property tax rate in Heber, AZ is 0.55%, slightly below both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Heber at $235,922, the typical annual property tax bill is $1,267, which is lower than the national median of $2,690. Property taxes in Heber 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 Heber's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Heber or another part of Navajo County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Heber, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,298
$1,204
Ownwell’s Heber Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Heber with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Heber 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 Heber, Arizona
Property taxes in Heber, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Heber is 0.55%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Heber set these rates annually, and they can vary significantly across different neighborhoods. Each year, Heber 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 Heber's effective property tax rate to other counties in Arizona and the national median. For comparison, the zip code 85928 has the highest median property tax rate of 0.55%, while the lowest median tax rate is also 0.55% in the same zip code. Understanding how these areas compare with Heber provides valuable insights into the varying tax landscape across Navajo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Heber Tax Rate
0.55%
Average Navajo County Tax Rate
0.54%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Heber, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85928 | 0.32% | 0.46% | 0.55% | 0.62% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Heber, Arizona
In Heber, 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 Navajo 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 Heber, 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 Heber helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 85928 has the highest and lowest median tax bill at $1,267, reflecting the varied property values in the area.
Average Heber Assessed Value
$235,922
Average Navajo County Assessed Value
$216,485
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Heber, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85928 | $27,566 | $63,101 | $235,922 | $417,821 | $553,236 |
Source: Ownwell
Property Tax Bills Across Heber, Arizona
In Heber, Navajo County, AZ, property tax bills are calculated based on the assessed value of your home. This assessed value is typically a percentage of the market value, determined by the county assessor. The property tax rate in Heber is then applied to this assessed value to calculate your tax bill. Factors such as property improvements, local tax rates, and exemptions can influence the final amount. For homeowners in Heber, the tax bills can vary significantly. The 25th percentile tax bill is around $308, while the 75th percentile reaches up to $2,284, and the 90th percentile can be as high as $3,069. The median home price in the area is $235,922. Comparatively, the national median property tax rate is 0.99%, providing a benchmark for understanding local tax obligations. These property taxes contribute to essential public services like schools, infrastructure, and emergency services, impacting the overall quality of life for residents.
Average Heber Tax Bill
$1,267
Average Navajo County Tax Bill
$1,032
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Heber, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85928 | $138 | $308 | $1,267 | $2,284 | $3,069 |
Source: Ownwell