Amado, Arizona Property Taxes
The median property tax rate in Amado, AZ is 0.98%, slightly below the national median of 0.99% yet significantly higher than the Arizona state median of 0.56%. With the median home value in Amado at $143,954, the typical annual property tax bill amounts to $1,412, which is lower than the national median of $2,690. Property taxes in Amado are calculated based on the assessed value, which is often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Amado'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 Amado or another part of Santa Cruz County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Amado, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$1,411
Ownwell’s Amado Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Amado with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Amado 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 Amado, Arizona
Property taxes in Amado, Arizona, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Amado is 0.98%, closely aligned with the state median and slightly below the U.S. national median of 0.99%. Local government entities within Amado set these rates annually, and they can vary significantly across different neighborhoods. Each year, Amado 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 Amado's effective property tax rate to other counties in Arizona and the national median. For comparison, the zip code 85645 has both the highest and lowest median property tax rate of 0.98%. Understanding how these cities compare with Amado provides valuable insights into the varying tax landscape across Santa Cruz County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Amado Tax Rate
0.98%
Average Santa Cruz County Tax Rate
0.85%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amado, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85645 | 0.71% | 0.87% | 0.98% | 1.18% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Amado, Arizona
In Amado, 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 Santa Cruz 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 Amado, 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 Amado helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 85645 has the highest and lowest median tax bill, both at $1412.
Average Amado Assessed Value
$143,954
Average Santa Cruz County Assessed Value
$140,525
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Amado, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85645 | $76,161 | $109,327 | $143,954 | $249,726 | $529,292 |
Source: Ownwell
Property Tax Bills Across Amado, Arizona
In Amado, located in Santa Cruz County, AZ, property tax bills are calculated based on the assessed value of your home, not the market value. The assessed value is determined by the county assessor's office and is a percentage of the home's market value. Various factors such as property size, location, and improvements can influence this assessed value. Once the assessed value is established, it is multiplied by the local tax rate to determine the tax bill. For homeowners in Amado, the median home price is $143,954. Tax bills can vary significantly, with the 25th percentile at $933 and the 75th percentile reaching $2,217. The highest median tax bill recorded in the area is $1,412 in the 85645 zip code, which is consistent across the board. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. Homeowners in Amado, therefore, contribute to the community’s well-being while being mindful of the financial responsibilities that come with property ownership.
Average Amado Tax Bill
$1,412
Average Santa Cruz County Tax Bill
$1,184
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Amado, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85645 | $820 | $933 | $1,412 | $2,217 | $6,644 |
Source: Ownwell