What is the property tax rate in Payson AZ?

You’re smart to be looking into property taxes! They’re a key part of homeownership costs. Here’s the lowdown on Payson, AZ, and why Brian Inman can be a valuable resource:

Property Tax Rate in Payson, AZ

It’s not a simple one-size-fits-all answer, but here’s the breakdown:

  • Average Rate: The median property tax rate in Payson is 0.87%. This means that for a home assessed at $100,000, you’d pay about $870 per year in property taxes.
  • Factors Affecting Your Rate:
    • Assessed Value: This is determined by the Gila County Assessor and is often lower than market value.
    • Taxing Districts: Payson has several taxing districts (town, county, school district), each with its own rate.
    • Exemptions: You might qualify for exemptions that lower your tax bill (e.g., primary residence, veteran, senior).

How This Compares:

  • Higher than State Average: Payson’s rate is higher than Arizona’s state average (0.56%).
  • Lower than National Average: It’s lower than the U.S. national average (0.99%).

Finding Your Exact Rate:

  • Gila County Assessor’s Website: This is your go-to resource for tax rates and assessed values.
  • Tax Bill: Your annual tax bill will show the exact rate and breakdown for each taxing district.

Why Brian Inman Can Help with Property Tax Questions:

  • Local Expertise: As a Payson resident and experienced realtor, Brian understands the local tax structure and can provide insights into how property taxes might affect your homeownership costs.
  • Connections: He can connect you with resources like the Gila County Assessor’s office or tax professionals if you have specific questions or need assistance with exemptions.
  • Property Value Guidance: Brian can help you understand how property taxes relate to the value of a home you’re considering buying or selling.
  • Big-Picture Perspective: He can factor property taxes into your overall budget and financial planning when considering a real estate transaction in Payson.

Beyond Taxes:

Brian can also assist with a wide range of real estate questions, from market trends and neighborhood insights to financing options and negotiation strategies. His knowledge and dedication to client service make him a valuable resource for anyone navigating the Payson real estate market.