Winslow, Arizona Property Taxes
The median property tax rate in Winslow, AZ is 0.52%, which is lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Winslow, the typical annual property tax bill reaches $529, significantly below the national median of $2,690. Property taxes in Winslow 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 Winslow'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 Winslow 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
Winslow, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.52%
Estimate Property Tax Bill
$573
Ownwell’s Winslow Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Winslow with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Winslow 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 Winslow, Arizona
Property taxes in Winslow, Arizona, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Winslow is 0.52%, which is lower than the U.S. national median of 0.99%. Local government entities within Winslow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Winslow 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 Winslow's effective property tax rate to other counties in Arizona and the national median. For comparison, the 86047 zip code has the highest median property tax rate of 0.52%, while the same zip code also has the lowest median tax rate of 0.52%. Understanding how these cities compare with Winslow 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 Winslow Tax Rate
0.52%
Average Navajo County Tax Rate
0.54%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Winslow, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86047 | 0.35% | 0.44% | 0.52% | 0.61% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Winslow, Arizona
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Winslow, AZ. 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 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 Winslow, 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. The median home price in Winslow is $110,105. The 25th percentile tax bill is $306, while the 75th percentile tax bill is $812, and the 90th percentile tax bill is $1183. The highest and lowest median tax bills are both $529, located in zip code 86047. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Winslow Assessed Value
$110,105
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 Winslow, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86047 | $29,634 | $62,662 | $110,105 | $160,952 | $213,070 |
Source: Ownwell
Property Tax Bills Across Winslow, Arizona
In Winslow, AZ, property tax bills are calculated based on the assessed value of a home, which is determined by the Navajo County Assessor's office. The assessed value is a percentage of the property's market value, which is influenced by factors such as location, property size, and recent sales of similar homes in the area. Once the assessed value is established, the tax rate is applied to calculate the annual property tax bill. Homeowners in Winslow can expect a wide range of tax bills. For instance, the 25th percentile tax bill is around $306, while the 75th percentile tax bill reaches approximately $812. The highest median tax bill in the area is $529, and this figure is consistent across the zip code 86047. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. Compared to the national median property tax rate of 0.99%, Winslow's property tax landscape offers a unique perspective on how local factors influence tax obligations.
Average Winslow Tax Bill
$529
Average Navajo County Tax Bill
$1,032
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Winslow, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86047 | $164 | $306 | $529 | $812 | $1,183 |
Source: Ownwell