Stanfield, Arizona Property Taxes
The median property tax rate in Stanfield, AZ is 0.53%, which is significantly lower than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Stanfield at $146,006, the typical annual property tax bill amounts to $802, well below the national median of $2,690. Property taxes in Stanfield 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 Stanfield's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Stanfield or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stanfield, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.53%
Estimate Property Tax Bill
$774
Ownwell’s Stanfield Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stanfield with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stanfield 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 Stanfield, Arizona
Property taxes in Stanfield, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stanfield is 0.53%, which is lower than the U.S. national median of 0.99%. Local government entities within Stanfield set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stanfield 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 Stanfield's effective property tax rate to other counties in Arizona and the national median. For comparison, the 85172 zip code has the highest median property tax rate of 0.53%, while the same zip code also has the lowest median tax rate of 0.53%. Understanding how these cities compare with Stanfield 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 Stanfield Tax Rate
0.53%
Average Pinal County Tax Rate
0.52%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stanfield, Arizona
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85172 | 0.32% | 0.36% | 0.53% | 1.21% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Stanfield, Arizona
In Stanfield, 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. In Stanfield, 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 Stanfield helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $146,006, with tax bills ranging from $332 at the 25th percentile to $2,365 at the 90th percentile. The zip code 85172 has the highest median tax bill of $802.
Average Stanfield Assessed Value
$146,006
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 Stanfield, Arizona
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85172 | $12,574 | $32,475 | $146,006 | $420,360 | $491,636 |
Source: Ownwell
Property Tax Bills Across Stanfield, Arizona
In Stanfield, located in Pinal County, AZ, property tax bills are calculated based on the assessed value of a home and the applicable tax rate. The assessed value is determined by the county assessor and typically represents a percentage of the property's market value. For example, with the median home price in Stanfield at $146,006, the assessed value is a fraction of this amount. The property tax rate in Stanfield is applied to the assessed value to determine the annual tax bill. Homeowners in the 25th percentile can expect a tax bill of around $332, while those in the 75th percentile may see bills as high as $1,746. At the 90th percentile, tax bills can reach up to $2,365. These property taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Stanfield's property tax rates provide a relatively moderate financial impact on homeowners, ensuring they contribute fairly to community services while maintaining affordability.
Average Stanfield Tax Bill
$802
Average Pinal County Tax Bill
$1,519
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Stanfield, Arizona
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
85172 | $153 | $332 | $802 | $1,746 | $2,365 |
Source: Ownwell