86004 Property Tax Rate

Property owners in ZIP code 86004 (Flagstaff, Arizona) pay a median of $2,027/year in property taxes on homes valued at $464,100. This translates to an effective tax rate of 0.44%, which is 19% below the Arizona state average of 0.54%.

The monthly property tax burden for a median-valued home in 86004 is approximately $169, which factors into escrow payments on mortgages. This ZIP code is located within Coconino County. This is $316 more than the Arizona average of $1,711/year.

Compared to similar ZIP codes in Arizona, 86004 has lower property taxes. ZIP codes with similar effective rates include 85018 (0.44%) and 85043 (0.44%).

In Flagstaff, property taxes represent approximately 2.6% of the median household income of $77,486, providing context for the relative tax burden on homeowners in this area.

Arizona's 10% assessment ratio for owner-occupied primary residences (versus 18% for investment property) applies immediately upon purchase, keeping your Coconino County tax bill substantially lower than states without this classification. The Senior Valuation Protection program freezes assessed value increases for homeowners 65 and older who have lived in their primary residence for at least 10 years — contact the Coconino County Assessor to verify your eligibility and file an application. Submit your primary residence claim to the Coconino County Assessor within 30 days of closing to lock in the favorable 10% assessment ratio and avoid retroactive reclassification as investment property.