Marana, Arizona Property Taxes
The median property tax rate in Marana, AZ is 1.02%, slightly higher than the national median of 0.99% and significantly above Arizona's state median of 0.56%. With a median home value of $325,059, the typical annual property tax bill in Marana amounts to $3,257, surpassing the national median of $2,690. Property taxes in Marana are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Marana'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 Marana 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
Marana, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$3,316
$3,077
Ownwell’s Marana Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Marana with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marana 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 Marana, Arizona
Property taxes in Marana, Arizona, are crucial for funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Marana is 1.02%, which is higher than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Marana set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marana 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 Marana's effective property tax rate to other areas in Pima County and the national median. For comparison, the 85653 zip code has the highest median property tax rate of 1.06%, while the 85642 zip code has the lowest median tax rate of 0.83%. Understanding how these areas compare with Marana provides valuable insights into the varying tax landscape across Pima County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Marana Tax Rate
1.02%
Average Pima County Tax Rate
0.81%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marana, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85642 | 0.83% | 0.83% | 0.83% | 0.83% | 0.83% |
| 85653 | 0.63% | 0.93% | 1.06% | 1.18% | 1.36% |
| 85658 | 0.91% | 0.96% | 1.01% | 1.06% | 1.13% |
| 85742 | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Marana, Arizona
In Marana, 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 Pima 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 Marana, 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 Marana helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Marana is $4,221 in the 85658 zip code, while the lowest is $2,108 in the 85653 zip code.
Average Marana Assessed Value
$325,059
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 Marana, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85642 | $431,500 | $431,500 | $431,500 | $431,500 | $431,500 |
| 85653 | $40,579 | $71,242 | $256,956 | $337,280 | $384,645 |
| 85658 | $259,242 | $329,989 | $423,236 | $519,231 | $753,370 |
| 85742 | $295,248 | $295,248 | $295,248 | $295,248 | $295,248 |
Source: Ownwell
Property Tax Bills Across Marana, Arizona
In Marana, property tax bills are calculated based on the assessed value of the property, which is determined by the Pima County Assessor's Office. The assessed value is a percentage of the property's market value, reflecting its worth in the current real estate market. Various factors such as location, property size, and home improvements are considered in this assessment. Homeowners in Marana can expect their tax bills to vary significantly. For example, the 25th percentile tax bill is around $1,383, while the 75th percentile tax bill reaches $4,359. The highest median tax bill in the area, found in zip code 85658, is $4,221, whereas the lowest, in zip code 85653, is $2,108. With a median home price of $325,059, Marana's property tax rates influence homeowners' annual expenses. These taxes fund essential services like schools, public safety, and infrastructure, directly impacting the community's quality of life. Comparing to the national median property tax rate of 0.99%, Marana's rates provide a unique perspective on local taxation.
Average Marana Tax Bill
$3,257
Average Pima County Tax Bill
$2,088
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Marana, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85642 | $3,589 | $3,589 | $3,589 | $3,589 | $3,589 |
| 85653 | $513 | $803 | $2,108 | $3,469 | $4,219 |
| 85658 | $2,469 | $3,257 | $4,221 | $5,126 | $7,706 |
| 85742 | $2,486 | $2,486 | $2,486 | $2,486 | $2,486 |
Source: Ownwell