Munds Park, Coconino County, Arizona Property Taxes
Median Munds Park, AZ effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but higher than the Arizona state median of 0.56%.
Median Munds Park, AZ home value: $303,715
Median annual Munds Park, AZ tax bill: $2,031, $369 lower than the national median property tax bill of $2,400.
How are property taxes in Coconino County calculated?
Property taxes in Munds Park, AZ 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 Munds Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Munds Park, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Munds Park, Coconino County, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$2,126
$1,973
Property Tax Rates Across Munds Park, Coconino County, Arizona
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the core process.
In Munds Park, located in Coconino County, the effective property tax rate is particularly notable. Coconino County's median property tax rate stands at 0.70%, which is significantly lower than the national median property tax rate of 1.02%. This makes Munds Park an attractive option for property owners looking for lower tax liabilities. In comparison to other cities in Arizona, Munds Park maintains a competitive edge with its favorable tax rate.
Despite the variations in tax rates across the state, Munds Park's rate is consistent, providing a stable and predictable tax environment for property owners. This stability can be particularly appealing for those considering property investments or relocations, ensuring that property tax expenses remain manageable.
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 Munds Park Tax Rate
0.70%
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
0.54%
Median Effective Arizona Tax Rate
0.56%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Munds Park, Coconino County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86017 | 0.56% | 0.62% | 0.70% | 0.90% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Munds Park, Coconino County, Arizona
When examining property taxes in Munds Park, 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.
In Coconino County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Munds Park.
For example, the median home price in Munds Park is $303,715, with tax bills ranging significantly across the county. The 86017 zip code has the highest median home price at $303,715.
Property Tax Assessment Values Across Munds Park, Coconino County, Arizona
Source: Ownwell
$7,008
$305,874
$604,740
Median Munds Park Market Value
$303,715
Median Coconino County Market Value
$335,366
Median Arizona Market Value
$302,154
Median United States Market Value
$235,294
Property Tax Assessment Values Across Munds Park, Coconino County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86017 | $55,590 | $88,008 | $303,715 | $443,886 | $572,999 |
Source: Ownwell
Property Tax Bills Across Munds Park, Coconino County, Arizona
Median Munds Park Tax Bill
$2,031
Median Coconino County Tax Bill
$1,766
Median Arizona Tax Bill
$1,666
Median United States Tax Bill
$2,400
Property Tax Bills Across Munds Park, Coconino County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86017 | $629 | $1,008 | $2,031 | $2,941 | $3,790 |
Source: Ownwell
