Carefree, Maricopa County, Arizona Property Taxes
Median Carefree, Arizona effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, but lower than the Arizona state median of 0.56%.
Median Carefree, Arizona home value: $751,950
Median annual Carefree, Arizona tax bill: $2,401, $1 higher than the national median property tax bill of $2,400.
How are property taxes in Maricopa County calculated?
Property taxes in Carefree, 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 Carefree’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Carefree, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Carefree, Maricopa County, Arizona Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.27%
Estimate Property Tax Bill
$2,502
$2,322
Property Tax Rates Across Carefree, Maricopa County, Arizona
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 Carefree’s effective property tax rate to other cities in Arizona and the median property tax rates in Arizona and the U.S.
Carefree, located in Maricopa County, boasts a property tax rate that is significantly lower than the national median property tax rate of 1.02%. This offers property owners in Carefree a financial advantage, making it an attractive location for those seeking lower property tax obligations. Arizona's median property tax rate is also notably lower than the national average, providing a favorable tax environment for residents. By choosing Carefree, property owners can benefit from these appealing tax rates while enjoying the services funded by these taxes.
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 Carefree Tax Rate
0.27%
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 Maricopa County Tax Rate
0.46%
Median Effective Arizona Tax Rate
0.51%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Carefree, Maricopa County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85377 | 0.20% | 0.23% | 0.27% | 0.31% | 0.34% |
Source: Ownwell
Property Tax Assessment Values Across Carefree, Maricopa County, Arizona
When examining property taxes in Carefree, 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 Maricopa 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.
Assessment notices: Maricopa County sends assessment notices 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 Carefree.
For example, the median home price in Carefree is $751,950, with tax bills ranging significantly across the county. Zip code 85377 has the highest median home price at $751,950.
Property Tax Assessment Values Across Carefree, Maricopa County, Arizona
Source: Ownwell
$69,000
$1,217,500
$2,366,000
Median Carefree Market Value
$926,800
Median Maricopa County Market Value
$369,000
Median Arizona Market Value
$327,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Carefree, Maricopa County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85377 | $419,600 | $634,700 | $926,800 | $1,263,550 | $1,690,740 |
Source: Ownwell
Property Tax Bills Across Carefree, Maricopa County, Arizona
Median Carefree Tax Bill
$2,456
Median Maricopa County Tax Bill
$1,779
Median Arizona Tax Bill
$1,695
Median United States Tax Bill
$2,400
Property Tax Bills Across Carefree, Maricopa County, Arizona
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 85377 | $1,031 | $1,679 | $2,456 | $3,449 | $4,935 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 22 |
Links | |
|---|---|
| Maricopa Tax Assessor | |
| Website | mcassessor.maricopa.gov |