Colorado City, Mohave County, Arizona Property Taxes

Name: Property Tax Bills Across Colorado City, Mohave County, Arizona
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Colorado City, AZ 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 Colorado City, AZ home value: $270,804. Median annual Colorado City, AZ tax bill: $918, $1,482 lower than the national median property tax bill of $2,400. How are property taxes in Mohave calculated? Property taxes in Colorado City, 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 Colorado City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Colorado City, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Colorado City, Mohave County, Arizona Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.32%

Estimate Property Tax Bill

$867

$804

Ownwell’s Colorado City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Colorado City with just two data points.

By entering your property's estimated assessed value, our calculator applies Colorado City’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Mohave County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Colorado City, Mohave County, Arizona

Local government entities set tax rates, which can vary widely within a state. This variance is due to each county estimating its required budget to provide services annually and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Colorado City, Mohave County, the property tax rate is significantly lower than the national median property tax rate of 1.02%. This lower rate can be appealing to property owners who are looking to minimize their tax liabilities. However, it's essential to consider how these rates translate into actual tax bills, as the lower rates might reflect lower assessed property values.

Comparing Colorado City's effective property tax rate to other cities in Arizona and the median property tax rates in the state and the U.S. can provide valuable insights for property owners. Such comparisons can help in understanding the broader tax landscape and making informed decisions about property investments and potential tax appeals.

Property Tax Rates Across Colorado City, Mohave County, Arizona

Source: Ownwell

0.32%

0.49%

0.66%

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 Colorado City Tax Rate

0.32%

Median Effective Mohave County Tax Rate

0.44%

Median Effective Arizona Tax Rate

0.56%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Colorado City, Mohave County, Arizona

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
86021	0.22%	0.29%	0.32%	0.47%	0.64%

Source: Ownwell

Property Tax Assessment Values Across Colorado City, Mohave County, Arizona

When examining property taxes in Colorado City, 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 Mohave 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 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 Mohave 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 Colorado City. For example, the median home price in Colorado City is $270,804, with tax bills ranging significantly across the county. Zip code 86021 has the highest median home price at $270,804.

Property Tax Assessment Values Across Colorado City, Mohave County, Arizona

Source: Ownwell

$62,226

$249,337

$436,448

Median Colorado City Market Value

$270,804

Median Mohave County Market Value

$255,876

Median Arizona Market Value

$302,154

Median United States Market Value

$235,294

Property Tax Assessment Values Across Colorado City, Mohave County, Arizona

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
86021	$110,660	$170,534	$270,804	$388,216	$597,325

Source: Ownwell

Property Tax Bills Across Colorado City, Mohave County, Arizona

Property tax bills in Colorado City, located in Mohave County, AZ, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the county assessor. Factors such as property size, location, and market conditions influence this assessment. Homeowners in Colorado City face a median property tax bill of $918, which is significantly lower than the national median of $2,400. However, tax bills can vary, with the 25th percentile at $561 and the 75th percentile reaching $1,483. For homeowners, these taxes are a significant expense that can impact their financial planning. Ownwell offers a solution by providing property tax appeal services. By reviewing and challenging inaccurate assessments, Ownwell helps homeowners potentially lower their tax bills. This service ensures that homeowners pay only their fair share, allowing them to allocate their resources more effectively and enjoy greater financial peace of mind.

Property Tax Bills Across Colorado City, Mohave County, Arizona

Source: Ownwell

$386

$1,086

$1,785

Median Colorado City Tax Bill

$918

Median Mohave County Tax Bill

$975

Median Arizona Tax Bill

$1,666

Median United States Tax Bill

$2,400

Property Tax Bills Across Colorado City, Mohave County, Arizona

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
86021	$279	$561	$918	$1,483	$2,400

Source: Ownwell