To calculate taxes and fees for residential properties in Phoenix Arizona, start with the property tax. The assessed value is 60% of the property’s full cash value. Multiply this by the millage rate (varies by city/town within Maricopa County) and divide by 1,000. Add monthly fees such as city utility charges, water rates, and potential homeowners association (HOA) fees. For example, a $300,000 assessed property with a 1.1% millage rate would incur $3,300 annually in property taxes. Additional fees may include a $15 monthly city utility fee, $50-$100 for water, and $200-$500 HOA fees if applicable.

The process reflects Arizona’s property tax structure, where local governments set millage rates based on assessed value. Maricopa County’s average millage rate is 1.1% (2023 data), but rates can range from 0.5% to 2.5% depending on jurisdiction. Property taxes fund schools, infrastructure, and public services, making them a key component of homeownership costs. Monthly fees cover utilities like water (Phoenix averages $50/month for 5,000 gallons) and垃圾 collection. HOA fees, if present, cover community maintenance and amenities. Data from the Maricopa County Assessor’s Office shows 60% assessed value caps ensure taxes remain manageable. City of Phoenix utility fees total $15.50/month (2023), while HOA costs vary by development. These calculations help buyers and owners budget accurately, ensuring compliance with local regulations and avoiding unexpected expenses.