Casa Grande, Arizona Property Taxes
The median property tax rate in Casa Grande, AZ is 0.54%, lower than both the national median of 0.99% and the Arizona state median of 0.56%. With a median home value of $266,778 in Casa Grande, the typical annual property tax bill is about $1,350, which is below the national median of $2,690. Property taxes in Casa Grande are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Casa Grande'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 Casa Grande 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
Casa Grande, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.54%
Estimate Property Tax Bill
$1,441
Ownwell’s Casa Grande Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Casa Grande with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Casa Grande 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 Casa Grande, Arizona
Property taxes in Casa Grande, Arizona, are essential for funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Casa Grande is 0.54%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Casa Grande set these rates annually, and they can vary significantly across different neighborhoods. Each year, Casa Grande 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 Casa Grande's effective property tax rate to other areas in Pinal County and the national median. For comparison, the 85194 zip code has the highest median property tax rate of 0.59%, while the 85122 zip code has the lowest median tax rate of 0.53%. Understanding how these areas compare with Casa Grande provides valuable insights into the varying tax landscape across Pinal County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Casa Grande Tax Rate
0.54%
Average Pinal County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Casa Grande, Arizona
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85122 | 0.33% | 0.46% | 0.53% | 0.61% | 0.70% |
85193 | 0.27% | 0.39% | 0.58% | 0.86% | 1.01% |
85194 | 0.36% | 0.50% | 0.59% | 0.70% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Casa Grande, Arizona
In Casa Grande, 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 Pinal 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. 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 Casa Grande helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Casa Grande, the highest median tax bill is $1931 in the 85194 zip code, while the lowest is $421 in the 85193 zip code. The median home price in the area stands at $266,778, with tax bills ranging from $662 at the 25th percentile to $2413 at the 90th percentile.
Average Casa Grande Assessed Value
$266,778
Average Pinal County Assessed Value
$319,292
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Casa Grande, Arizona
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85122 | $77,943 | $176,164 | $262,587 | $331,439 | $391,919 |
85193 | $13,252 | $27,963 | $63,568 | $133,604 | $336,990 |
85194 | $69,495 | $211,092 | $324,209 | $391,812 | $510,110 |
Source: Ownwell
Property Tax Bills Across Casa Grande, Arizona
In Casa Grande, located in Pinal County, AZ, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Casa Grande is $266,778. Property tax rates in this area can vary significantly. For instance, homeowners in the 25th percentile pay around $662 annually, while those in the 75th percentile face bills of up to $1,921. The 90th percentile sees even higher taxes, reaching $2,413. Several factors influence the final tax bill, including the home's assessed value, local tax rates, and any applicable exemptions. The highest median tax bill in Casa Grande is $1,931 in the 85194 zip code, while the lowest is $421 in the 85193 zip code. These variations can significantly impact homeowners, affecting monthly budgets and long-term financial planning. Compared to the national median property tax rate of 0.99%, Casa Grande's rates reflect a diverse range of financial responsibilities for its residents.
Average Casa Grande Tax Bill
$1,350
Average Pinal County Tax Bill
$1,519
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Casa Grande, Arizona
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85122 | $331 | $701 | $1,307 | $1,814 | $2,228 |
85193 | $44 | $158 | $421 | $823 | $1,766 |
85194 | $330 | $847 | $1,931 | $2,444 | $3,146 |
Source: Ownwell