Peoria, Pinal County, Arizona Property Taxes

Name: Property Tax Bills Across Peoria, Pinal County, Arizona
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Peoria, AZ effective property tax rate: 0.46%, significantly lower than the national median of 1.02%, but lower than the Arizona state median of 0.56%.
Median Peoria, AZ home value: $213,707
Median annual Peoria, AZ tax bill: $977, $1,423 lower than the national median property tax bill of $2,400.

How are property taxes in Pinal calculated?

Property taxes in Peoria, AZ are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Peoria’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Peoria, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Peoria, Pinal County, Arizona Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.46%

Estimate Property Tax Bill

$983

$912

Ownwell’s Peoria Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Peoria with just two data points. By entering your property's estimated assessed value, our calculator applies Peoria’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Pinal County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Peoria, Pinal County, Arizona

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Peoria’s effective property tax rate to other cities in Arizona and the median property tax rates in Arizona and the U.S. Peoria, located in Pinal County, benefits from a property tax rate lower than the national median. This can make it an attractive option for homeowners looking to reduce their tax burden. Arizona’s median property tax rate is also significantly below the national average, further enhancing the state’s appeal. Understanding how these rates are calculated and how they compare to national figures can provide valuable insights for property owners. Whether you’re a current resident or considering a move, knowing the property tax landscape can help you make informed financial decisions.

Property Tax Rates Across Peoria, Pinal County, Arizona

Source: Ownwell

0.37%

0.75%

1.13%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Peoria Tax Rate

0.46%

Median Effective Pinal County Tax Rate

0.52%

Median Effective Arizona Tax Rate

0.56%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Peoria, Pinal County, Arizona

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
85345	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Peoria, Pinal County, Arizona

When examining property taxes in Peoria, Arizona, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Pinal County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Pinal County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Peoria. For example, the median home price in Peoria is $213,707, with tax bills typically around $977 across the county.

Property Tax Assessment Values Across Peoria, Pinal County, Arizona

Source: Ownwell

$31,372

$501,001

$970,629

Median Peoria Market Value

$213,707

Median Pinal County Market Value

$319,292

Median Arizona Market Value

$302,154

Median United States Market Value

$235,294

Property Tax Assessment Values Across Peoria, Pinal County, Arizona

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
85345	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Peoria, Pinal County, Arizona

In Peoria, located in Pinal County, AZ, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the property's market value, which is influenced by various factors such as location, size, and condition. With a median home price of $213,707, the tax bill for many homeowners in Peoria is consistent, with amounts like $977 seen at the 25th, 75th, and 90th percentiles. This bill is significantly lower than the national median property tax bill of $2,400, offering some financial relief to homeowners in the area. However, discrepancies in assessed values can lead to higher than necessary tax bills. This is where Ownwell can assist. By providing expert property tax appeal services, Ownwell helps homeowners ensure their properties are accurately assessed, potentially lowering their tax obligations. With Ownwell's guidance, homeowners can navigate the complexities of property tax assessments, maximizing their savings and reducing their financial burden.

Property Tax Bills Across Peoria, Pinal County, Arizona

Source: Ownwell

$216

$3,213

$6,209

Median Peoria Tax Bill

$977

Median Pinal County Tax Bill

$1,519

Median Arizona Tax Bill

$1,666

Median United States Tax Bill

$2,400

Property Tax Bills Across Peoria, Pinal County, Arizona

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
85345	N/A	N/A	N/A	N/A	N/A

Source: Ownwell