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North Pima News

Tuesday, December 24, 2024

Pima County effective property tax rate in Q2 2022 was lower than the national average

Realestate4

Property owners in Pima County paid 0.6% of the value of their homes in property taxes in the second quarter of 2022, which is less than 0.5 times the national average, according to the real estate analysis posted by the North Pima News.

The median sales price of a Pima County home in the second quarter of 2022 was $340,500, based on data from the 4,197 properties sold during that time. In 2018 the median tax bill for the county was $1,989, which is 0.6% of the median value of the homes that were taxed.

This is 0.5 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Pima County real estate data showed homeowners in four cities paid the highest tax rate of 0.9%.

The following table compares Arivaca Junction with some other cities belonging to Pima County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2022.

CityQ2 2022 SalesQ2 2022 Median PriceMedian tax 2022Effective tax rate
Arivaca Junction1$118,000$1,0330.9%
Vail65$380,000$3,3690.9%
Rincon Valley30$545,000$4,6570.9%
Summerhaven4$516,500$4,7190.9%
Marana245$410,000$3,3560.8%
Oro Valley273$470,000$3,5900.8%
Sahuarita245$340,000$2,5780.8%
Tucson Estates24$345,000$2,6650.8%
Summit5$141,500$1,0840.8%
Corona de Tucson35$375,000$3,0840.8%
Casas Adobes336$360,000$2,4810.7%
Avra Valley7$235,000$1,6510.7%
Valencia West61$330,000$2,2300.7%
Picture Rocks10$352,500$2,5580.7%
Catalina Foothills261$650,000$4,5520.7%
Catalina21$401,300$2,8750.7%
Flowing Wells19$225,000$1,4900.7%
Tucson2,068$300,000$1,7850.6%
Drexel Heights99$280,000$1,6650.6%
Green Valley282$293,000$1,6610.6%
Tanque Verde73$629,000$3,8740.6%
Ajo12$125,000$7860.6%
Three Points5$375,000$1,8410.5%
South Tucson14$171,500$7760.5%

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