Cornville, Yavapai County, Arizona Property Taxes

Name: Property Tax Bills Across Cornville, Yavapai County, Arizona
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Cornville, AZ effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, but lower than the Arizona state median of 0.56%.
Median Cornville, AZ home value: $404,938
Median annual Cornville, AZ tax bill: $2,130, $270 lower than the national median property tax bill of $2,400.

How are property taxes in Yavapai calculated?

Property taxes in Cornville, AZ are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Cornville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cornville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cornville, Yavapai County, Arizona Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.53%

Estimate Property Tax Bill

$2,146

$1,992

Ownwell’s Cornville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cornville with just two data points. By entering your property's estimated assessed value, our calculator applies Cornville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Yavapai County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cornville, Yavapai County, Arizona

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Cornville, located in Yavapai County, Arizona, the effective property tax rate is 0.53%. This rate is consistent across the county, reflecting the highest and lowest median tax rates in the region. Compared to the national median property tax rate of 1.02%, Cornville's rate is significantly lower. This can be an attractive factor for homeowners seeking to minimize their property tax expenses. However, it's essential to consider that while the tax rate is lower, the services funded by these taxes may vary in quality and availability. As you evaluate property tax rates, it's crucial to weigh these factors in your decision-making process.

Property Tax Rates Across Cornville, Yavapai County, Arizona

Source: Ownwell

0.31%

0.48%

0.66%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Cornville Tax Rate

0.53%

Median Effective Yavapai County Tax Rate

0.44%

Median Effective Arizona Tax Rate

0.56%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cornville, Yavapai County, Arizona

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
86325	0.43%	0.48%	0.53%	0.59%	0.68%

Source: Ownwell

Property Tax Assessment Values Across Cornville, Yavapai County, Arizona

When examining property taxes in Cornville, Arizona, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Yavapai County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Yavapai County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cornville. For example, the median home price in Cornville is $404,938, with tax bills ranging significantly across the county. Zip code 86325 has the highest median home price at $404,938.

Property Tax Assessment Values Across Cornville, Yavapai County, Arizona

Source: Ownwell

$77,371

$404,221

$731,070

Median Cornville Market Value

$404,938

Median Yavapai County Market Value

$367,324

Median Arizona Market Value

$302,154

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cornville, Yavapai County, Arizona

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
86325	$85,394	$226,758	$404,938	$521,483	$687,782

Source: Ownwell

Property Tax Bills Across Cornville, Yavapai County, Arizona

In Cornville, Yavapai County, AZ, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Cornville is $404,938. Homeowners in this area face property tax bills that range from $1,203 at the 25th percentile to $3,697 at the 90th percentile. The median property tax bill in Cornville is $2,130, which is lower than the national median of $2,400. Factors influencing the tax bill include the property's assessed value, local tax rates, and applicable exemptions. Higher assessed values or increased local tax rates can lead to higher tax bills, impacting homeowners' finances. Ownwell offers valuable assistance to homeowners in Cornville by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or overlooked exemptions, Ownwell helps homeowners lower their tax bills, ensuring they only pay their fair share. This can lead to significant savings and financial relief for property owners.

Property Tax Bills Across Cornville, Yavapai County, Arizona

Source: Ownwell

$476

$1,807

$3,138

Median Cornville Tax Bill

$2,130

Median Yavapai County Tax Bill

$1,504

Median Arizona Tax Bill

$1,666

Median United States Tax Bill

$2,400

Property Tax Bills Across Cornville, Yavapai County, Arizona

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
86325	$473	$1,203	$2,130	$2,741	$3,697

Source: Ownwell