85501 Property Tax Rate

Property owners in ZIP code 85501 (Globe, Arizona) pay a median of $1,038/year in property taxes on homes valued at $166,400. This translates to an effective tax rate of 0.62%, which is 15% above the Arizona state average of 0.54%.

The monthly property tax burden for a median-valued home in 85501 is approximately $87, which factors into escrow payments on mortgages. This ZIP code is located within Gila County. This is $673 less than the Arizona average of $1,711/year.

Compared to similar ZIP codes in Arizona, 85501 has higher property taxes. ZIP codes with similar effective rates include 85603 (0.62%) and 85931 (0.62%).

In Globe, property taxes represent approximately 1.6% of the median household income of $65,933, providing context for the relative tax burden on homeowners in this area.

Arizona taxes owner-occupied primary residences at a 10% assessment ratio (vs. 18% for other property types), and your property will be reassessed at purchase price; Limited Property Value caps annual increases thereafter. The Gila County Assessor provides the Senior Valuation Protection program for qualifying seniors and the standard owner-occupancy discount — file your owner-occupancy claim within 60 days of closing. Contact the Gila County Assessor to confirm the program's current income or age thresholds and submit supporting documents.