85541 Property Tax Rate

Property owners in ZIP code 85541 (Payson, Arizona) pay a median of $1,620/year in property taxes on homes valued at $317,700. This translates to an effective tax rate of 0.51%, which is 6% below the Arizona state average of 0.54%.

The monthly property tax burden for a median-valued home in 85541 is approximately $135, which factors into escrow payments on mortgages. This ZIP code is located within Gila County.

Compared to similar ZIP codes in Arizona, 85541 has lower property taxes. ZIP codes with similar effective rates include 85623 (0.51%) and 86332 (0.51%).

In Payson, property taxes represent approximately 2.5% of the median household income of $63,857, 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.