Eagar, Arizona Property Taxes
The median property tax rate in Eagar, AZ is 1.47%, significantly higher than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Eagar at $311,455, the typical annual property tax bill reaches $4,581, far exceeding the national median of $2,690. Property taxes in Eagar 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 Eagar'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 Eagar 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
Eagar, Arizona Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$1,120
Ownwell’s Eagar Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eagar with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eagar 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 Eagar, Arizona
Property taxes in Eagar, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eagar is 1.47%, significantly higher than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Eagar set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eagar 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 Eagar's effective property tax rate to other counties in Arizona and the national median. For comparison, the zip code 85925 has the highest median property tax rate of 1.47%, while the same zip code also has the lowest median tax rate of 1.47%. Understanding how these areas compare with Eagar provides valuable insights into the varying tax landscape across Apache County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eagar Tax Rate
1.47%
Average Pima County Tax Rate
0.81%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eagar, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85925 | 1.47% | 1.47% | 1.47% | 1.47% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Eagar, Arizona
In Eagar, 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 Apache 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 Eagar, 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 Eagar helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $4581 in zip code 85925, which is also the lowest median tax bill, providing a clear picture of the local tax landscape.
Average Eagar Assessed Value
$311,455
Average Pima County Assessed Value
$262,759
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eagar, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85925 | $311,455 | $311,455 | $311,455 | $311,455 | $311,455 |
Source: Ownwell
Property Tax Bills Across Eagar, Arizona
In Eagar, AZ, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Eagar can expect a median home price of $311,455, with tax bills typically around $4,581. This amount is consistent across various percentiles, indicating a stable tax rate within the region. Several factors influence the final tax bill, including the assessed value determined by the county assessor, local tax rates, and any applicable exemptions or deductions. For instance, if a property qualifies for certain exemptions, the taxable assessed value may be reduced, thereby lowering the tax bill. Homeowners in Eagar pay property taxes to fund essential local services such as schools, infrastructure, and public safety. Compared to the national median property tax rate of 0.99%, Eagar's property tax rate and resulting bills can be seen as moderate. Understanding these factors helps homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average Eagar Tax Bill
$4,581
Average Pima County Tax Bill
$2,088
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Eagar, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85925 | $4,581 | $4,581 | $4,581 | $4,581 | $4,581 |
Source: Ownwell