Congress, Yavapai County, Arizona Property Taxes
The median property tax rate in Congress, AZ is 0.63%, slightly higher than the Arizona state median of 0.56% but lower than the national median of 0.99%. With a median home value of $140,830, the typical annual property tax bill in Congress amounts to $946, which is significantly below the national median of $2,690. Property taxes in Congress are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Navigating Congress's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Congress or another part of Yavapai County, understanding the local property tax system is crucial for homeowners and real estate investors alike.
Last Updated June 14, 2024
Congress, Yavapai County, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$887
$823
Ownwell’s Congress Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Congress with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Congress 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 Congress, Yavapai County, Arizona
Property taxes in Congress, Arizona, are essential for funding key local services such as public schools, road maintenance, and emergency services. The median tax rate in Congress is 0.63%, lower than the U.S. national median of 0.99%. Local government entities within Congress set these rates annually, and they can vary significantly across different neighborhoods. Each year, Congress 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 Congress's effective property tax rate to other counties in Arizona and the national median. For comparison, the zip code 85332 in Yavapai County has both the highest and lowest median property tax rate of 0.63%. Understanding how these cities compare with Congress 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 Congress Tax Rate
0.63%
Average Yavapai County Tax Rate
0.44%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Congress, Yavapai County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85332 | 0.49% | 0.56% | 0.63% | 0.75% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Congress, Yavapai County, Arizona
In Congress, 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 Appraisal District 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. 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 Congress helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code 85332 has the highest and lowest median tax bill at $946.
Property Tax Assessment Values Across Congress, Yavapai County, Arizona
Source: Ownwell
$77,371
$404,221
$731,070
Average Congress Assessed Value
$140,830
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 Congress, Yavapai County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85332 | $67,223 | $85,684 | $140,830 | $246,802 | $360,140 |
Source: Ownwell
Property Tax Bills Across Congress, Yavapai County, Arizona
In Congress, located in Yavapai County, AZ, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value and applies an assessment ratio. The tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's location within the county, any applicable exemptions, and the specific tax rate set by local taxing authorities. For homeowners in Congress, the median home price is $140,830. Property tax bills can vary significantly, with the 25th percentile at $588, the 75th percentile at $1,529, and the 90th percentile reaching $2,143. These property taxes impact homeowners by contributing to local services such as schools, emergency services, and infrastructure. Compared to the national median property tax rate of 0.99%, Congress's property tax rates provide a context for understanding local financial obligations and community support.
Average Congress Tax Bill
$946
Average Yavapai County Tax Bill
$1,504
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Congress, Yavapai County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85332 | $403 | $588 | $946 | $1,529 | $2,143 |
Source: Ownwell