Sonoita, Arizona Property Taxes
The median property tax rate in Sonoita, AZ is 1.18%, considerably higher than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Sonoita at $296,567, the typical annual property tax bill reaches $3,551, exceeding the national median of $2,690. Property taxes in Sonoita are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sonoita'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 Sonoita 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
Sonoita, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$3,499
Ownwell’s Sonoita Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sonoita with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sonoita 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 Sonoita, Arizona
Property taxes in Sonoita, Arizona, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Sonoita is 1.18%, notably higher than the U.S. national median of 0.99%. Local government entities within Sonoita set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sonoita 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 Sonoita's effective property tax rate to other areas within Santa Cruz County and the national median. For comparison, the zip code 85637 has the highest median property tax rate of 1.18%, while the same zip code also has the lowest median tax rate of 1.18%. Understanding how these areas compare with Sonoita 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 Sonoita Tax Rate
1.18%
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 Sonoita, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85637 | 1.09% | 1.15% | 1.18% | 1.29% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Sonoita, Arizona
In Sonoita, 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 Sonoita, 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 Sonoita helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Sonoita is $3,551 in the 85637 zip code, while the lowest median tax bill is also $3,551 in the same zip code.
Average Sonoita Assessed Value
$296,567
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 Sonoita, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85637 | $156,583 | $215,249 | $296,567 | $412,792 | $584,910 |
Source: Ownwell
Property Tax Bills Across Sonoita, Arizona
In Sonoita, located in Santa Cruz County, AZ, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and is a percentage of the property's market value. Homeowners in Sonoita typically receive tax bills that can vary significantly depending on several factors, including the home's assessed value and the local tax rate. The median home price in Sonoita is $296,567, and property tax bills can range from $2,613 at the 25th percentile to $7,248 at the 90th percentile. The highest median tax bill recorded in the area is $3,551, which is above the national median property tax rate of 0.99%. This variation in tax bills can significantly impact homeowners, influencing their annual budgeting and long-term financial planning. Understanding how these factors interplay is crucial for homeowners to anticipate their tax liabilities and manage their finances effectively. Higher property taxes can lead to increased monthly mortgage payments, affecting overall affordability and potentially influencing decisions about buying or selling property in Sonoita.
Average Sonoita Tax Bill
$3,551
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 Sonoita, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85637 | $1,890 | $2,613 | $3,551 | $4,996 | $7,248 |
Source: Ownwell