Seligman, Coconino County, Arizona Property Taxes

Local government entities determine property tax rates, leading to significant variation within a state. Each year, counties calculate their required budget to fund services and divide this by the total assessed value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Seligman, located in Coconino County, Arizona, the effective property tax rate stands at 0.63%. This rate is notably below both the Arizona state median and the national median property tax rate of 1.02%. The lower rate in Seligman can be attributed to various factors, including budgetary needs and the total assessed property values within Coconino County.

Comparing Seligman’s rate to other cities in Arizona, it becomes evident that property tax rates can vary considerably across the state. This variation underscores the importance of understanding local tax policies and how they impact property owners. By staying informed, property owners in Seligman and beyond can better navigate the complexities of property taxation and potentially identify opportunities for tax savings.

In Seligman, located in Coconino County, AZ, property tax bills are determined based on the assessed value of a home. The median home price is $70,450, and the property tax rate is applied to this assessed value to calculate the tax bill. Factors such as local government budgets and school district funding needs can influence the property tax rates. Homeowners in Seligman typically face property tax bills ranging from $379 at the 25th percentile to $428 at the 90th percentile. Compared to the national median property tax bill of $2,400, Seligman's tax bills are significantly lower, offering some financial relief to homeowners.

However, even with lower tax bills, it's essential for homeowners to ensure they are not overpaying. This is where Ownwell can help. By providing expert property tax appeal and exemption services, Ownwell assists homeowners in reducing their tax burden. Our team analyzes your property's assessed value and identifies opportunities for savings, ensuring you only pay your fair share. With Ownwell's support, homeowners can achieve significant savings on their property tax bills.