Property Taxes in Payson, Arizona
Median Payson, Arizona effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, and lower than the Arizona state median of 0.51%.
Median Payson, Arizona home value: $315,286
Median annual Payson, Arizona tax bill: $1,904, $496 lower than the national median property tax bill of $2,400.
How are property taxes in Gila calculated?
Property taxes in Payson, 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 Payson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Payson, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Payson Property Tax Calculator Work?
Use this Payson property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Payson's median effective tax rate of 0.64% — based on actual property records in Gila County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Payson'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 Payson: rates range from 0.64% in 85541 to 0.64% in 85541, 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 Payson.
About Payson Property Taxes
About Property Taxes in Payson, Gila, Arizona
Payson’s median effective property tax rate of 0.64% is higher than the Arizona state median of 0.51% and lower than the national median of 1.02%. This rate reflects the Gila 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 Payson. Homeowners in the 85541 ZIP code carry a median effective rate of 0.64%, while those in the 85541 pay 0.64%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Gila County. Understanding which part of Payson you live in can make a meaningful difference to your annual tax bill.
Payson 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 Payson, Gila 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 Payson’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 Payson Tax Rate
0.64%
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 Gila County Tax Rate
0.63%
Median Effective Arizona Tax Rate
0.51%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Payson, Gila County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85541 | 0.45% | 0.54% | 0.64% | 0.75% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Payson, Gila County, Arizona
When examining property taxes in Payson, 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 Gila County 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 Gila County, assessment notices are sent in February each year.
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 Payson.
For example, the median home price in Payson is $315,286, with tax bills ranging significantly across the county. 85541 has the highest median home price at $315,286.
Property Tax Assessment Values Across Payson, Gila County, Arizona
Source: Ownwell
$45,843
$215,264
$384,685
Median Payson Market Value
$315,286
Median Gila County Market Value
$246,900
Median Arizona Market Value
$327,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Payson, Gila County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85541 | $100,010 | $188,970 | $315,286 | $477,750 | $734,337 |
Source: Ownwell
Property Tax Bills Across Payson, Gila County, Arizona
Property tax bills in Payson are based on the assessed value of a home and the local tax rate set for Gila County. The bill is calculated by applying that rate to the property’s assessed value, so homes with higher values generally face larger tax bills. For Payson homeowners, this means the amount owed can vary depending on both the market value of the property and how it is classified for tax purposes.
The median home price in Payson is $315,286, and the median property tax bill is $1,904, which is below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Tax bills can still differ widely across households, with the 25th percentile at $1,159 and the 75th percentile at $2,887. At the 90th percentile, bills reach $4,631, showing how much higher taxes can be for more valuable homes.
Median Payson Tax Bill
$1,904
Median Gila County Tax Bill
$1,468
Median Arizona Tax Bill
$1,695
Median United States Tax Bill
$3,209
Property Tax Bills Across Payson, Gila County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85541 | $693 | $1,159 | $1,904 | $2,887 | $4,631 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 28 |
Links | |
|---|---|
| Gila Tax Assessor | |
| Website | assessor.gilacountyaz.gov |