Tacna, Arizona Property Taxes
The median property tax rate in Tacna, AZ is 1.08%, which is higher than both the national median of 0.99% and the Arizona state median of 0.56%. With the median home value in Tacna, the typical annual property tax bill amounts to $253, which is significantly lower than the national median of $2,690. Property taxes in Tacna are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Tacna'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 Tacna 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
Tacna, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$308
$285
Ownwell’s Tacna Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Tacna with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Tacna to provide an estimate of your property tax bill. This valuable 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, taking into account any applicable exemptions.
Property Tax Rates Across Tacna, Arizona
Property taxes in Tacna, Arizona, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tacna is 1.08%, higher than both the Arizona state median and the U.S. national median of 0.99%. Local government entities within Tacna set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tacna 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 Tacna's effective property tax rate to other counties in Arizona and the national median. For comparison, the 85352 zip code has the highest median property tax rate of 1.08%, while the 85352 zip code also has the lowest median tax rate of 1.08%. Understanding how these cities compare with Tacna 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.
Average Tacna Tax Rate
1.08%
Average Yuma County Tax Rate
0.88%
Average Arizona Tax Rate
0.56%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tacna, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85352 | 0.70% | 0.88% | 1.08% | 1.25% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Tacna, Arizona
In Tacna, 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 Tacna, 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. For instance, the median home price in Tacna is $28,486, with tax bills ranging from $113 at the 25th percentile to $1,068 at the 90th percentile. The zip code 85352 has both the highest and lowest median tax bill at $253. 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 Tacna helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tacna Assessed Value
$28,486
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 Tacna, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85352 | $4,671 | $9,274 | $28,486 | $53,604 | $95,898 |
Source: Ownwell
Property Tax Bills Across Tacna, Arizona
In Tacna, located in Yuma County, AZ, property tax bills are calculated based on the assessed value of your home. The local tax assessor determines this value, which is a percentage of the market value of your property. Once the assessed value is established, it is multiplied by the local tax rate to determine your annual tax bill. For example, with a median home price of $28,486, homeowners in Tacna can expect varying tax bills. At the 25th percentile, the tax bill is around $113, while at the 75th percentile, it rises to approximately $510. For those at the 90th percentile, the tax bill can be as high as $1,068. Compared to the national median property tax rate of 0.99%, Tacna's rates can significantly impact homeowners. Understanding these factors helps homeowners plan their finances better and anticipate their annual property tax obligations.
Average Tacna Tax Bill
$253
Average Yuma County Tax Bill
$1,106
Average Arizona Tax Bill
$1,666
Average United States Tax Bill
$2,690
Property Tax Bills Across Tacna, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85352 | $60 | $113 | $253 | $510 | $1,068 |
Source: Ownwell