85539 Property Tax Rate

Property owners in ZIP code 85539 (Miami, Arizona) pay a median of $493/year in property taxes on homes valued at $107,200. This translates to an effective tax rate of 0.46%, which is 15% below the Arizona state average of 0.54%.

The monthly property tax burden for a median-valued home in 85539 is approximately $41, which factors into escrow payments on mortgages. This ZIP code is located within Gila County. This is $1,218 less than the Arizona average of $1,711/year.

Compared to similar ZIP codes in Arizona, 85539 has higher property taxes. ZIP codes with similar effective rates include 85297 (0.46%) and 85912 (0.46%).

In Miami, property taxes represent approximately 1.1% of the median household income of $45,733, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 85539, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Gila County's tax assessor directly.