Parks, Coconino County, Arizona Property Taxes
Property Taxes in Parks, Arizona
Median Parks, Arizona effective property tax rate: 0.43%, significantly lower than the national median of 1.02%, and lower than the Arizona state median of 0.51%.
Median Parks, Arizona home value: $377,815
Median annual Parks, Arizona tax bill: $1,457, lower than the national median property tax bill of $2,400.
How are property taxes in Coconino calculated?
Property taxes in Parks, 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 Parks's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Parks, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Parks, Coconino County, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.43%
Estimate Property Tax Bill
$1,625
$1,508
How Does the Parks Property Tax Calculator Work?
Use this Parks property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Parks's median effective tax rate of 0.43% — 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 Parks'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 Parks: rates range from $1457 in 86018 to $1457 in 86018, 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 Parks.
About Parks Property Taxes
About Property Taxes in Parks, Coconino, Arizona
Parks's median effective property tax rate of 0.43% 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 other local charges that can vary by area.
Property tax rates are not uniform across Parks. Homeowners in the 86018 ZIP code carry a median effective rate of 0.43%, while those in the same ZIP code also pay 0.43%. This shows how local boundaries can still shape what homeowners owe, even when the citywide rate is consistent.
Parks homeowners who believe their assessed value is too high can file a formal appeal with the 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 Parks, 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 Parks'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 Parks Tax Rate
0.43%
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 Parks, Coconino County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86018 | 0.29% | 0.36% | 0.43% | 0.55% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Parks, Coconino County, Arizona
When examining property taxes in Parks, 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 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. 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 Parks.
For example, the median home price in Parks is $377,815, with tax bills ranging significantly across the county. 86018 has the highest median home price at $377,815.
Property Tax Assessment Values Across Parks, Coconino County, Arizona
Source: Ownwell
$9,432
$423,843
$838,253
Median Parks Market Value
$377,815
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 Parks, Coconino County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86018 | $48,448 | $161,058 | $377,815 | $610,001 | $887,222 |
Source: Ownwell
Property Tax Bills Across Parks, Coconino County, Arizona
Property tax bills in Parks are based on the assessed value of a home, which is then multiplied by the local tax rate to determine what a homeowner owes. The assessed value is influenced by the market value of the property, so changes in home prices can affect the bill over time. In Parks, the median home price is $377,815, and the median tax bill is $1,457, which is below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Homeowners with lower-value properties may see bills closer to the $760 25th percentile, while higher-value homes can reach $2,484 at the 75th percentile and $3,517 at the 90th percentile. These differences show how location, property characteristics, and assessed value can shape what each homeowner pays. For many residents, understanding how the bill is calculated is important because even small changes in assessed value can have a noticeable impact on annual property taxes.
Median Parks Tax Bill
$1,457
Median Coconino County Tax Bill
$1,958
Median Arizona Tax Bill
$1,695
Median United States Tax Bill
$2,400
Property Tax Bills Across Parks, Coconino County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 86018 | $293 | $760 | $1,457 | $2,484 | $3,517 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 15 |
Links | |
|---|---|
| Coconino Tax Assessor | |
| Website | eagleassessor.coconino.az.gov |