Joseph City, Arizona Property Taxes
The median property tax rate in Joseph City, AZ is 0.70%, notably lower than the national median of 0.99% but higher than the Arizona state median of 0.56%. With the median home value in Joseph City at $107,824, the typical annual property tax bill amounts to $743, which is significantly below the national median of $2,690. Property taxes in Joseph City are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Joseph City'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 Joseph City 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
Joseph City, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$755
Ownwell’s Joseph City Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Joseph City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Joseph City to provide an estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in more granular insights, localized neighborhood trends are also available. Your property’s assessed value is determined by the county for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Joseph City, Arizona
Property taxes in Joseph City, Arizona, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Joseph City is 0.70%, which is lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Joseph City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Joseph 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 Joseph City's effective property tax rate to other counties in Arizona and the national median. For comparison, the 86032 zip code has both the highest and lowest median property tax rate of 0.70%. Understanding how these cities compare with Joseph City 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 Joseph City Tax Rate
0.70%
Average Navajo County Tax Rate
0.54%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Joseph City, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86032 | 0.61% | 0.66% | 0.70% | 0.83% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Joseph City, Arizona
In Joseph 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 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 Joseph 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 Joseph City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 86032, with a median tax bill of $743.
Average Joseph City Assessed Value
$107,824
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 Joseph City, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86032 | $14,243 | $41,583 | $107,824 | $171,558 | $240,573 |
Source: Ownwell
Property Tax Bills Across Joseph City, Arizona
In Joseph City, located in Navajo County, AZ, property tax bills are calculated based on the assessed value of your home, which is determined by local tax assessors. The median home price here is $107,824, and this value plays a crucial role in determining your tax bill. Property taxes are influenced by various factors including the property's assessed value, local tax rates, and any applicable exemptions. For homeowners in Joseph City, property tax bills can vary significantly. The 25th percentile tax bill is $346, while the 75th percentile reaches $1,136, and the 90th percentile can be as high as $1,587. These figures highlight the range of property tax obligations homeowners might face, depending on their property's assessed value and any exemptions they might qualify for. Comparatively, Joseph City's property tax rates are lower than the national median property tax rate of 0.99%, making it a relatively affordable option for homeowners. However, understanding these factors is essential for budgeting and financial planning.
Average Joseph City Tax Bill
$743
Average Navajo County Tax Bill
$1,032
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Joseph City, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86032 | $123 | $346 | $743 | $1,136 | $1,587 |
Source: Ownwell