Clarkdale, Arizona Property Taxes
The median property tax rate in Clarkdale, AZ is 0.66%, which is lower than the national median of 0.99% but higher than the Arizona state median of 0.56%. With the median home value in Clarkdale at $323,700, the typical annual property tax bill amounts to $2,020, falling below the national median of $2,690. Property taxes in Clarkdale are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Clarkdale'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 Clarkdale or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clarkdale, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.66%
Estimate Property Tax Bill
$2,136
$1,983
Ownwell’s Clarkdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clarkdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clarkdale 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 Clarkdale, Arizona
Property taxes in Clarkdale, Arizona, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarkdale is 0.66%, lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Clarkdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clarkdale 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 Clarkdale's effective property tax rate to other counties in Arizona and the national median. For comparison, the 86324 zip code has the highest median property tax rate of 0.66%, while the same 86324 zip code also has the lowest median tax rate of 0.66%. Understanding how these cities compare with Clarkdale provides valuable insights into the varying tax landscape across Yavapai County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clarkdale Tax Rate
0.66%
Average Yavapai County Tax Rate
0.44%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarkdale, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86324 | 0.44% | 0.53% | 0.66% | 0.74% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Clarkdale, Arizona
In Clarkdale, 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 Yavapai 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 Clarkdale, 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 Clarkdale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills, both $2020, are found in zip code 86324.
Average Clarkdale Assessed Value
$323,700
Average Yavapai County Assessed Value
$367,324
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clarkdale, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86324 | $121,117 | $209,656 | $323,700 | $426,861 | $557,332 |
Source: Ownwell
Property Tax Bills Across Clarkdale, Arizona
In Clarkdale, Yavapai County, AZ, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the final tax bill. For instance, with a median home price of $323,700, homeowners can expect varying tax bills. Factors such as property location, home improvements, and local government budgets influence these calculations. The 25th percentile tax bill in Clarkdale is $1,251, while the 75th percentile reaches $2,555, and the 90th percentile can go up to $3,333. These amounts are slightly below the national median property tax rate of 0.99%, reflecting the relatively moderate tax environment in the area. For homeowners, understanding these factors is crucial as they directly affect annual financial planning. High property taxes can increase the cost of homeownership, while lower taxes can make it more affordable.
Average Clarkdale Tax Bill
$2,020
Average Yavapai County Tax Bill
$1,504
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarkdale, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86324 | $628 | $1,251 | $2,020 | $2,555 | $3,333 |
Source: Ownwell