San Luis, Arizona Property Taxes
The median property tax rate in San Luis, AZ is 0.84%, which is lower than the national median of 0.99% but higher than the Arizona state median of 0.56%. With a median home value of $142,601 in San Luis, the typical annual property tax bill amounts to $1,155, significantly below the national median of $2,690. Property taxes in San Luis are calculated based on the tax assessed value, often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding San Luis'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 San Luis or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
San Luis, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$1,198
$1,112
Ownwell’s SAN LUIS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SAN LUIS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SAN LUIS 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 San Luis, Arizona
Property taxes in San Luis, Arizona, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in San Luis is 0.84%, which is lower than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within San Luis set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Luis 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. Understanding how these cities compare with San Luis provides valuable insights into the varying tax landscape across Yuma County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas. For comparison, the 85349 zip code has the highest median property tax rate of 1.08%, while the 85336 zip code has the lowest median tax rate of 0.83%. This data highlights the diversity in property tax rates within the region, offering homeowners a comprehensive view of how their property taxes stack up against those in nearby areas.
Average San Luis Tax Rate
0.84%
Average Yuma County Tax Rate
0.88%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Luis, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85336 | 0.52% | 0.73% | 0.83% | 0.94% | 1.03% |
| 85349 | 0.96% | 1.03% | 1.08% | 1.09% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across San Luis, Arizona
In SAN LUIS, 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 Yuma 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 SAN LUIS, 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. The median home price in SAN LUIS is $142,601, with tax bills ranging from $809 at the 25th percentile to $1,438 at the 75th percentile. The highest median tax bill is $1,611 in the 85349 zip code, while the lowest is $1,127 in the 85336 zip code. 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 SAN LUIS helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average San Luis Assessed Value
$142,601
Average Yuma County Assessed Value
$140,081
Average Arizona Assessed Value
$302,154
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across San Luis, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85336 | $41,736 | $116,649 | $141,236 | $160,785 | $187,231 |
| 85349 | $105,508 | $145,348 | $155,786 | $169,479 | $181,419 |
Source: Ownwell
Property Tax Bills Across San Luis, Arizona
In San Luis, located in Yuma County, AZ, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in San Luis is $142,601. Property tax rates are applied to this assessed value to determine the tax bill. Factors such as local government budgets, school funding, and public services influence the tax rate, which is then multiplied by the assessed value. Homeowners in San Luis can expect a range of tax bills. For instance, the 25th percentile tax bill is around $809, while the 75th percentile tax bill can reach up to $1,438. At the 90th percentile, tax bills can go as high as $1,665. Comparatively, the national median property tax rate is 0.99%, making San Luis an area with relatively moderate property tax bills. These taxes significantly impact homeowners by contributing to essential community services, including schools, infrastructure, and emergency services.
Average San Luis Tax Bill
$1,155
Average Yuma County Tax Bill
$1,106
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across San Luis, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85336 | $357 | $754 | $1,127 | $1,383 | $1,593 |
| 85349 | $1,092 | $1,475 | $1,611 | $1,738 | $1,918 |
Source: Ownwell