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Annexation Facts from the City
of Peoria |
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Myth:
It’s more expensive to live in a City than in an unincorporated area. |
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Fact:
The year-to-year costs of living within municipal boundaries are comparable
to those in an unincorporated county island. While property taxes for Peoria
residents are more, the difference is usually offset by lower insurance
premiums and elimination of the need to pay for a separate fire service
provider (such as Rural Metro).
Depending on the specific
circumstances for each property owner, actual costs will vary as shown in
the example below. |
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The Costs of
Annexation - A Comparative Example |
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City of Peoria |
Unincorporated Area
(Low Estimate for Fire Protection) |
Unincorporated Area
(High Estimate for Fire Protection) |
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Property Tax 1 |
$ 2,608 |
$ 2,290 |
$ 2,290 |
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Homeowner’s insurance
2 |
$866 |
$1,286 |
$ 1,286 |
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Fire protection 3 |
(no additional charge) |
$166 |
$567 |
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Total: |
$ 3,474 |
$ 3,742 |
$ 4,143 |
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Additional annual cost
to county island residents:: |
+ $268 |
+ 669 |
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1 Estimated total
annual property tax cost for a $250,000 home. |
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2
Annual estimate based upon a $250,000 home built in 2000. For a
similarly valued home built in 1975, the cost within City boundaries is
$1132, in a county island $1681. Contact your insurance provider for
costs specific to your property. |
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3Estimates provided
by Rural/Metro Corporation. Differences are based upon square footage of
the home. |
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Return to annexation
myths |
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Return to annexation home |
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Questions? e-mail
annexation@peoriaaz.gov, or
call 623-773-7107 |
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