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What are legal classes?

Arizona’s property tax system “classifies” property according to its usage. Each class of property is assigned an assessment ratio, pursuant to state law, ranging from 1% to 18%. The assessment ratios are applied to both the primary and secondary values of property, which determines the property’s net assessed value.  All classifications use the same tax rates (with exception of the home-owner’s rebate).

Class 1 18% Commercial and industrial real property not included in other classes. Commercial and industrial personal property exceeding $159,498 of full cash value. Mines and mining claim property and standing timber. Local telecommunications service, gas, water and electric utility company property, pipeline company property, producing oil and gas property.
Class 2 15% Agricultural real property and vacant land and Exempt Property
Class 3 10% Primary Residence
Class 4 10% Leased, Rented or Second Home; Care Facilities for Children and Adults, Bed and Breakfasts
Class 5 15% Railroad operating property, private car company property and airline flight property
Class 6 5% Noncommercial historic property, foreign trade zone property, qualifying military reuse zone property, qualifying enterprise zone property, quality environmental technology property, and qualifying environmental remediation property
Class 7 18% Commercial Historic Base (Class 1) property, subtracting for up to 10 years, all but 1% of the full cash value of modifications to restore and rehabilitate historic property
Class 8 10% Residential Commercial (Class 4) property, subtracting for up to 10 years, all but 1% of the full cash value of modifications to restore and rehabilitate historic property
Class 9 1% Possessory Interests (Certain Improvements on Government Property)
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