Mormon Lake, Coconino County, Arizona Property Taxes
Property Taxes in Mormon Lake, Arizona
Median Mormon Lake, Arizona effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, and lower than the Arizona state median of 0.51%.
Median Mormon Lake, Arizona home value: $218,264
Median annual Mormon Lake, Arizona tax bill: $1,094, $1,306 lower than the national median property tax bill of $2,400.
How are property taxes in Coconino calculated?
Property taxes in Mormon Lake, 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 Mormon Lake's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mormon Lake, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Mormon Lake, Coconino County, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.56%
Estimate Property Tax Bill
$1,222
$1,134
How Does the Mormon Lake Property Tax Calculator Work?
Use this Mormon Lake property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mormon Lake's median effective tax rate of 0.56% — 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 Mormon Lake's 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 Mormon Lake: rates range from 0.56% in 86038 to 0.56% in 86038, 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 Mormon Lake.
About Mormon Lake Property Taxes
About Property Taxes in Mormon Lake, Coconino, Arizona
Mormon Lake’s median effective property tax rate of 0.56% is higher 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 Mormon Lake. Homeowners in the 86038 ZIP code carry a median effective rate of 0.56%, while those in the same ZIP code pay 0.56%. This spread reflects how school district boundaries and local assessment districts are drawn across Coconino County. Understanding which part of Mormon Lake you live in can make a meaningful difference to your annual tax bill.
Mormon Lake 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 Mormon Lake, 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 Mormon Lake's effective property tax rate to other cities in Arizona and the median property tax rates in Arizona and the U.S.
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 Mormon Lake Tax Rate
0.56%
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 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 Mormon Lake, Coconino County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86038 | 0.39% | 0.47% | 0.56% | 0.63% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Mormon Lake, Coconino County, Arizona
When examining property taxes in Mormon Lake, 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 assessor 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 the spring 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. For example, the median home price in Mormon Lake is $218,264, with tax bills ranging significantly across the county. ZIP code 86038 has the highest median home price at $218,264.
Property Tax Assessment Values Across Mormon Lake, Coconino County, Arizona
Source: Ownwell
$9,432
$423,843
$838,253
Median Mormon Lake Market Value
$218,264
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 Mormon Lake, Coconino County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86038 | $41,770 | $117,914 | $218,264 | $387,344 | $572,612 |
Source: Ownwell
Property Tax Bills Across Mormon Lake, Coconino County, Arizona
How Are Property Tax Bills Calculated in Mormon Lake?
Property tax bills in Mormon Lake are based on the assessed value of a home and the local tax rate set by taxing authorities in Coconino County. When a property’s market value rises, the assessed value can increase as well, which may lead to a higher tax bill. The bill is also shaped by local budgets and the mix of services funded by property taxes.
For homeowners, this means the amount due can vary even among similar homes. The median home price in Mormon Lake is $218,264, and property tax bills can range widely, with the 25th percentile at $686, the 75th percentile at $1,825, and the 90th percentile at $3,132. The median tax bill is $1,094, which is below the national median property tax bill of $2,400. That can make the area more affordable on a tax basis, but changes in assessed value can still affect monthly housing costs and long-term ownership expenses.
Median Mormon Lake Tax Bill
$1,094
Median Coconino County Tax Bill
$1,958
Median Arizona Tax Bill
$1,695
Median United States Tax Bill
$2,400
Property Tax Bills Across Mormon Lake, Coconino County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86038 | $363 | $686 | $1,094 | $1,825 | $3,132 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 15 |
Links | |
|---|---|
| Coconino Tax Assessor | |
| Website | eagleassessor.coconino.az.gov |