Forest Lakes, Coconino County, Arizona Property Taxes

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Property Taxes in Forest Lakes, Arizona

Median Forest Lakes, Arizona effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, and slightly higher than the Arizona state median of 0.51%.
Median Forest Lakes, Arizona home value: $416,415
Median annual Forest Lakes, Arizona tax bill: $2,065, lower than the national median property tax bill of $2,400.

How are property taxes in Coconino calculated?

Property taxes in Forest Lakes, Arizona 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 Forest Lakes's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Forest Lakes, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Forest Lakes, Coconino 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

$2,207

$2,048

How Does the Forest Lakes Property Tax Calculator Work?

Use this Forest Lakes property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Forest Lakes' median effective tax rate of 0.53% — based on actual property records in Coconino County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Forest Lakes' median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Forest Lakes: rates range from 0.53% in 85931 to 0.53% in 85931, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Forest Lakes.

About Forest Lakes Property Taxes

About Property Taxes in Forest Lakes, Coconino, Arizona

Forest Lakes’ median effective property tax rate of 0.53% is lower than the Arizona state median of 0.51% and lower than the national median of 1.02%. This rate reflects the Coconino County base levy combined with local school district levies and Community facilities districts (CFDs) that vary by subdivision throughout the city.

Property tax rates are not uniform across Forest Lakes. Homeowners in the 85931 ZIP code carry a median effective rate of 0.53%, while those in the lowest ZIP also pay 0.53%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Coconino County. Understanding which part of Forest Lakes you live in can make a meaningful difference to your annual tax bill.

Forest Lakes homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the April 28, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Forest Lakes, Coconino County, Arizona

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Forest Lakes's effective property tax rate to other cities in Arizona and the median property tax rates in Arizona and the U.S.

Property Tax Rates Across Forest Lakes, Coconino County, Arizona

Source: Ownwell

0.16%

0.65%

1.13%

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 Forest Lakes Tax Rate

0.53%

Median Effective Coconino County Tax Rate

0.48%

Median Effective Arizona Tax Rate

0.51%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Forest Lakes, Coconino County, Arizona

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
85931	0.44%	0.47%	0.53%	0.55%	0.63%

Source: Ownwell

Property Tax Assessment Values Across Forest Lakes, Coconino County, Arizona

When examining property taxes in Forest Lakes, 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 Coconino County appraisal district 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.

Assessment notices:

In Coconino County, assessment notices are sent in February each year. They'll typically reach your mailbox by the middle of February.

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 Forest Lakes.

For example, the median home price in Forest Lakes is $416,415, with tax bills ranging significantly across the county. 85931 has the highest median home price at $416,415.

Property Tax Assessment Values Across Forest Lakes, Coconino County, Arizona

Source: Ownwell

$9,432

$423,843

$838,253

Median Forest Lakes Market Value

$416,415

Median Coconino County Market Value

$423,156

Median Arizona Market Value

$327,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Forest Lakes, Coconino County, Arizona

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
85931	$185,927	$314,186	$416,415	$526,847	$648,922

Source: Ownwell

Property Tax Bills Across Forest Lakes, Coconino County, Arizona

Forest Lakes property tax bills are calculated using the assessed value of a home and the tax rates set by local taxing authorities in Coconino County. The bill is based on the market value of the property, which is then assessed for taxation, and that amount is multiplied by the applicable tax rate to determine what a homeowner owes.

For Forest Lakes homeowners, the median home price is $416,415, and the median property tax bill is $2,065. That is slightly below the national median property tax bill of $2,400, but property taxes can still vary widely from one home to another. The 25th percentile tax bill is $1,522, while the 75th percentile reaches $2,793, showing how differences in home value and local rates can affect the final amount.

Property taxes directly affect monthly housing costs and long-term affordability, making it important for homeowners to understand how their bill is determined.

Property Tax Bills Across Forest Lakes, Coconino County, Arizona

Source: Ownwell

$39

$1,553

$3,067

Median Forest Lakes Tax Bill

$2,065

Median Coconino County Tax Bill

$1,958

Median Arizona Tax Bill

$1,695

Median United States Tax Bill

$2,400

Property Tax Bills Across Forest Lakes, Coconino County, Arizona

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
85931	$969	$1,522	$2,065	$2,793	$3,543

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	April 15

Links
Coconino Tax Assessor
Website	eagleassessor.coconino.az.gov

Frequently Asked Property Tax Questions in Forest Lakes, Arizona

How are property taxes calculated in Forest Lakes, Arizona?

Property taxes in Forest Lakes, Arizona are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Forest Lakes, Arizona?

To appeal your property taxes in Forest Lakes, Arizona, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Forest Lakes, Arizona?

Common property tax exemptions in Forest Lakes, Arizona include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Forest Lakes, Arizona?

Property tax deadlines in Forest Lakes, Arizona vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Forest Lakes, Arizona?

Ownwell provides professional property tax appeal services in Forest Lakes, Arizona. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.