Arizona— Property Tax & Closing Costs
2024 Census dataEffective tax rate
0.46%
of assessed value annually
Median home value
$448,000
2024 ACS survey
Median taxes paid
$2,051/yr
2024 data
Coconino County's 0.46% effective property tax rate ranks 367th lowest among the 3,134 US counties tracked, placing it in the bottom 25% lowest nationally. Within Arizona's 15 counties, it's the 5th lowest. On the county's median home value of $448,000, the typical homeowner pays $2,051 annually in property tax — $422 more than the national median of $1,629. Arizona charges no state real estate transfer tax, which keeps closing costs here lower than high-transfer-tax states like New York, Pennsylvania, or Delaware.
Calculate your true cost
Enter any purchase price to see the full cost breakdown for Coconino County.
County median: $448,000
Leave at $0 if the property has no homeowners association.
LTV: 80.00%
At closing
Monthly ongoing
Year one
Low flood risk. Flood insurance not typically required. Verify at msc.fema.gov for your specific property.
All figures are estimates for planning purposes only. Mortgage payment assumes a 30-year fixed rate of 6.8% — your lender will confirm the actual rate. Closing costs vary by lender and transaction. Consult a licensed real estate attorney and lender before making any financial decisions.
Arizona property tax exemptions
Ways buyers in Coconino County may reduce their annual property tax. These programs apply statewide; verify county specifics with your local assessor.
Widow/Widower/Disabled Exemption
$4,873 off taxable value (2026) for widows, widowers, and persons with total and permanent disability. Household income limit $39,865 ($47,826 with minor children).
View official source →Senior Property Valuation Protection
Freezes the limited property value for homeowners 65+ on a renewable 3-year basis. 2026 income limit: $47,712 (single owner) / $59,640 (two or more owners); 2+ years residency.
View official source →Primary Residence Classification
Owner-occupied homes are assessed at 10% of limited property value (class 3), significantly lower than non-owner-occupied rates. Arizona constitutionally prohibits any state real estate transfer tax.
View official source →Last verified 2026-04. Exemption amounts and eligibility change frequently — always confirm with your county assessor before claiming.
Frequently asked questions
Answers to common questions about buying a home in Coconino County.
The effective property tax rate in Coconino County is 0.46% — calculated as the median annual property tax paid ($2,051) divided by the median home value ($448,000), using 2024 US Census ACS 5-year estimates. Your actual bill depends on your purchase price, homestead or senior exemptions, and any special assessments applied in your taxing district.
No. Arizona does not impose a state real estate transfer tax, which keeps closing costs in Coconino County lower than in states like New York, Pennsylvania, or Delaware where transfer taxes can add thousands of dollars at closing. Arizona prohibits real estate transfer taxes by statute (A.R.S. 11-1132). Only a flat Affidavit of Property Value fee is charged at recording.
Flood risk is relatively low. Only 0.3% of Coconino County's land falls within a FEMA Special Flood Hazard Area. Flood insurance is not typically required, though individual properties near waterways may still be in a zone — verify at msc.fema.gov.
Closing costs for a buyer in Coconino County typically run $8,960–$22,400 (2–5% of purchase price) on a median-priced home, including title insurance ($800–$2,000), appraisal ($400–$700), home inspection ($350–$600), recording fees ($100–$300), and loan origination (0.5–1.0% of the loan amount). Use the calculator above for a specific estimate at your purchase price.
Data sources for Coconino County
Every figure on this page is traceable. Verify the numbers yourself against the original public data.
Source for the 0.46% effective property tax rate, median home value, and median taxes paid (ACS 5-year, 2024 vintage).
Source for county-level flood zone exposure, wildfire risk, and other natural hazard ratings. Updated quarterly by FEMA.
Look up a specific property's flood zone and insurance rate map before making an offer on a home in Coconino County.
Guides for Arizona home buyers
What every buyer should read before making an offer.
HOA Documents
HOA lawsuits — how to check for pending litigation against your future HOA before you close
A buyer closed on a house and only then found out about ongoing HOA lawsuits. Six checks you can run yourself before your contingencies expire.
Read the guide →HOA Documents
Undisclosed HOA special assessment — what you can do if you find out after closing
HOA special assessment not on the disclosure? One buyer got a $15,000 bill the day after closing. How to catch it before — and what to do after.
Read the guide →