Property Taxes in Central, Arizona
Median Central, Arizona effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, and lower than the Arizona state median of 0.51%.
Median Central, Arizona home value: $252,972
Median annual Central, Arizona tax bill: $1,349, lower than the national median property tax bill of $2,400.
How are property taxes in Graham calculated?
Property taxes in Central, 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 Central's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Central, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Central Property Tax Calculator Work?
Use this Central property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Central's median effective tax rate of 0.55% — based on actual property records in Graham 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 Central'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 Central: rates range from 0.55% in 85531 to 0.55% in 85531, primarily due to differences in school district levies and local assessment districts. Central's median effective tax rate is lower than Arizona's 0.51% state median tax rate, and the median property tax bill is $1,349, which is $1,051 lower than the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Central.
About Central Property Taxes
About Property Taxes in Central, Graham, Arizona
Central's median effective property tax rate of 0.55% is lower than the Arizona state median of 0.51% and lower than the national median of 1.02%. This rate reflects the Graham 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 Central. Homeowners in the 85531 ZIP code carry a median effective rate of 0.55%, while those in the same ZIP pay 0.55%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Graham County. Understanding which part of Central you live in can make a meaningful difference to your annual tax bill.
Central 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 Central, Graham 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 Central'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 Central Tax Rate
0.55%
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 Graham County Tax Rate
0.52%
Median Effective Arizona Tax Rate
0.51%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Central, Graham County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85531 | 0.44% | 0.51% | 0.55% | 0.60% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Central, Graham County, Arizona
When examining property taxes in Central, 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 Graham County assessor 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 Graham County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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. For Central, the median home price is $252,972, with tax bills ranging significantly across the county. ZIP code 85531 has the highest median home price at $252,972.
Property Tax Assessment Values Across Central, Graham County, Arizona
Source: Ownwell
$68,335
$160,654
$252,972
Median Central Market Value
$252,972
Median Graham County Market Value
$164,520
Median Arizona Market Value
$327,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Central, Graham County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85531 | $60,998 | $129,008 | $252,972 | $376,917 | $497,182 |
Source: Ownwell
Property Tax Bills Across Central, Graham County, Arizona
Property tax bills in Central are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value and any eligible exemptions. For homeowners, that means the bill is not set by the purchase price alone, but by how the county values the home for tax purposes.
With a median home price of $252,972, tax bills can vary widely depending on the property and its location within Graham County. The 25th percentile tax bill is $689, while the 75th percentile is $1,975 and the 90th percentile reaches $2,573. The median tax bill in the area is $1,349, which is below the national median property tax bill of $2,400.
These differences matter because even homes with similar market values can face different tax bills if assessed values or exemptions differ. For homeowners, understanding how the bill is calculated can help explain why property taxes change and why some homes are taxed more than others.
Median Central Tax Bill
$1,349
Median Graham County Tax Bill
$815
Median Arizona Tax Bill
$1,695
Median United States Tax Bill
$3,209
Property Tax Bills Across Central, Graham County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85531 | $406 | $689 | $1,349 | $1,975 | $2,573 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 28 |
Links | |
|---|---|
| Graham Tax Assessor | |
| Website | gcwebinfo.graham.az.gov |