Understanding Property Taxes in Gilbert, AZ

Property taxes are an important consideration for homebuyers. Here’s what you need to know about property taxes in Gilbert, AZ.

How Property Taxes are Calculated

Property taxes in Gilbert are based on the assessed value of the property and the local tax rate.

Average Property Tax Rates

The average property tax rate in Gilbert is competitive compared to other areas in Arizona.

Exemptions and Discounts

Homeowners may qualify for various exemptions and discounts, such as the primary residence exemption and senior citizen discounts.

Paying Your Property Taxes

Property taxes can be paid annually or semi-annually through the county treasurer’s office.

Impact on Real Estate Decisions

Understanding property taxes can help you make informed decisions about buying or selling property in Gilbert.

Conclusion

Being aware of property tax rates and available exemptions can help you manage your finances and make better real estate decisions in Gilbert, AZ.