Parker, La Paz County, Arizona Property Taxes
Median Parker, AZ effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, but higher than the Arizona state median of 0.56%.
Median Parker, AZ home value: $192,451
Median annual Parker, AZ tax bill: $1,186, $1,214 lower than the national median property tax bill of $2,400.
How are property taxes in La Paz calculated?
Property taxes in Parker, 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 Parker’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Parker, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Parker, La Paz County, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.72%
Estimate Property Tax Bill
$1,386
$1,286
Property Tax Rates Across Parker, La Paz County, Arizona
Local government entities are responsible for setting tax rates, which can differ significantly across a state. This variation occurs because each county annually estimates the budget necessary to provide essential services and then divides that by the total value of all taxable property within its area. This calculation determines the property tax rate. While setting tax rates and budgets involves votes and legislation, this is the annual process in a nutshell.
In Parker, located in La Paz County, Arizona, the effective property tax rate is a reflection of this process. When compared to other cities in Arizona and the national landscape, Parker's rate provides insight into how local fiscal policies impact property owners. Arizona’s median property tax rate is lower than the national median, offering a more favorable environment for property owners. This can be particularly beneficial for homeowners seeking to manage their expenses effectively. Understanding these rates and their implications can empower property owners to make informed decisions about property investments and appeals. Parker's property tax rate is an integral part of the broader financial landscape for its residents.
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 Parker Tax Rate
0.72%
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 La Paz County Tax Rate
0.85%
Median Effective Arizona Tax Rate
0.56%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Parker, La Paz County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85344 | 0.43% | 0.57% | 0.72% | 0.84% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Parker, La Paz County, Arizona
When examining property taxes in Parker, 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 La Paz County Assessor's Office 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 La Paz County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Parker. For example, the median home price in Parker is $192,451, with tax bills ranging significantly across the county. Zip code 85344 has the highest median home price at $192,451.
Property Tax Assessment Values Across Parker, La Paz County, Arizona
Source: Ownwell
$28,508
$110,480
$192,451
Median Parker Market Value
$192,451
Median La Paz County Market Value
$97,828
Median Arizona Market Value
$302,154
Median United States Market Value
$235,294
Property Tax Assessment Values Across Parker, La Paz County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85344 | $40,809 | $108,249 | $192,451 | $357,738 | $714,357 |
Source: Ownwell
Property Tax Bills Across Parker, La Paz County, Arizona
In Parker, located in La Paz County, AZ, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. Homeowners in Parker face a median property tax bill of $1,186, which is significantly lower than the national median of $2,400. The property tax rate in this area is influenced by local budgetary needs and voter-approved measures, impacting the overall tax bill. For homeowners, understanding these factors is crucial, as property taxes can significantly affect monthly expenses and long-term financial planning.
Ownwell offers valuable assistance to homeowners by helping them navigate the property tax appeal process. By analyzing property assessments and market trends, Ownwell identifies opportunities for reductions in tax bills. This service can be particularly beneficial for those in Parker, where property tax bills can reach up to $5,402 for homes in the 90th percentile. With Ownwell's expertise, homeowners can potentially save a substantial amount on their property taxes.
Median Parker Tax Bill
$1,186
Median La Paz County Tax Bill
$836
Median Arizona Tax Bill
$1,666
Median United States Tax Bill
$2,400
Property Tax Bills Across Parker, La Paz County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85344 | $294 | $645 | $1,186 | $2,380 | $5,402 |
Source: Ownwell