Phoenix, AZ variant. This is a Phoenix, AZ-specific version of the Property Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Property Tax Calculator.
Phoenix property tax runs about 0.59% of value - roughly $2,626/year on the $445,000 median home.
Property tax in Phoenix
Tax = assessed value × local rate. The 0.59% effective rate captures Phoenix's blend of county, city, and school levies.
On the $445,000 median home that's $2,626/year ($219/month), usually escrowed with your mortgage.
About Phoenix, AZ
Phoenix has no city income tax, and residents pay only Arizona state income tax on their earnings.
Phoenix has seen rapid growth in home prices and rents as a fast-growing Sun Belt city attracting new residents and businesses.
Phoenix is one of the fastest-growing major metros in the country, with expanding technology, healthcare, and manufacturing sectors.
Worked example: $445,000 home
$445,000 × 0.59% = $2,626/year. A $600,000 Phoenix home would owe about $3,540.
Quick reference
- Median home value: $445,000
- Median rent: $1,750/mo
- Median household income: $72,092
- Local sales tax: 8.6%
- Effective property tax rate: 0.59%
- Cost of living index: 109 (US avg = 100)
Frequently Asked Questions
What is the property tax rate in Phoenix?
About 0.59% of market value per year.
How much property tax on a median Phoenix home?
Roughly $2,626 per year.