Tonto Basin, Gila County, Arizona Property Taxes
Median Tonto Basin, AZ effective property tax rate: 1.23%, significantly higher than the national median of 1.02%, but lower than the Arizona state median of 0.56%.
Median Tonto Basin, AZ home value: $94,392
Median annual Tonto Basin, AZ tax bill: $1,157, $1,243 lower than the national median property tax bill of $2,400.
How are property taxes in Gila County calculated?
Property taxes in Tonto Basin, 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 Tonto Basin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tonto Basin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tonto Basin, Gila County, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.23%
Estimate Property Tax Bill
$1,161
$1,077
Property Tax Rates Across Tonto Basin, Gila County, Arizona
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This is because each county annually estimates the budget required to provide essential services and then divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although the process of setting tax rates and budgets involves votes and laws, this is essentially how it works each year.
In Tonto Basin, located in Gila County, AZ, the effective property tax rate is a reflection of this process. When comparing Tonto Basin’s rate to other cities in Arizona, it aligns closely with the state median, which is slightly above the national median of 1.02%. This means that residents in Tonto Basin may experience property tax rates that are somewhat higher than the national average, yet consistent with the state’s overall trend. Understanding these rates is crucial for homeowners who are looking to manage their property tax obligations effectively.
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 Tonto Basin Tax Rate
1.23%
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
0.98%
Median Effective Arizona Tax Rate
0.56%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Tonto Basin, Gila County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85553 | 0.80% | 1.03% | 1.23% | 1.38% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Tonto Basin, Gila County, Arizona
When examining property taxes in Tonto Basin, AZ, 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 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 Gila 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 Tonto Basin. For example, the median home price in Tonto Basin is $94,392, with tax bills ranging significantly across the county. 85553 has the highest median home price at $94,392.
Property Tax Assessment Values Across Tonto Basin, Gila County, Arizona
Source: Ownwell
$31,529
$125,984
$220,439
Median Tonto Basin Market Value
$94,392
Median Gila County Market Value
$124,196
Median Arizona Market Value
$302,154
Median United States Market Value
$235,294
Property Tax Assessment Values Across Tonto Basin, Gila County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85553 | $36,114 | $53,519 | $94,392 | $144,558 | $205,613 |
Source: Ownwell
Property Tax Bills Across Tonto Basin, Gila County, Arizona
Median Tonto Basin Tax Bill
$1,157
Median Gila County Tax Bill
$1,221
Median Arizona Tax Bill
$1,666
Median United States Tax Bill
$2,400
Property Tax Bills Across Tonto Basin, Gila County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85553 | $423 | $681 | $1,157 | $1,739 | $2,486 |
Source: Ownwell