Kaysville, Utah Property Taxes
The median property tax rate in Kaysville, UT is 0.54%, slightly below the Utah state median of 0.55% and significantly lower than the national median of 0.99%. With the median home value in Kaysville at $589,000, the typical annual property tax bill reaches $3,120, surpassing the national median of $2,690. Property taxes in Kaysville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kaysville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Kaysville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kaysville, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.54%
Estimate Property Tax Bill
$3,181
Ownwell’s Kaysville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kaysville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kaysville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Kaysville, Utah
Property taxes in Kaysville, Utah, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kaysville is 0.54%, lower than the U.S. national median of 0.99%. Local government entities within Kaysville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kaysville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Kaysville's effective property tax rate to other counties in Utah and the national median. For comparison, the zip code 84037 has the highest median property tax rate of 0.54%, while the same zip code also has the lowest median tax rate of 0.54%. Understanding how these cities compare with Kaysville provides valuable insights into the varying tax landscape across Davis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kaysville Tax Rate
0.54%
Average Davis County Tax Rate
0.56%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kaysville, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84037 | 0.54% | 0.54% | 0.54% | 0.55% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Kaysville, Utah
In Kaysville, Utah, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Davis County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Kaysville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the median home price in Kaysville is $589,000. Homeowners in the 25th percentile pay an annual tax bill of $2,442, while those in the 75th percentile pay $4,065. The highest median tax bill in Kaysville is $3,120, and the lowest is also $3,120, both in the 84037 zip code. By understanding these valuation processes, property owners can identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kaysville Assessed Value
$589,000
Average Davis County Assessed Value
$472,000
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kaysville, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84037 | $399,000 | $463,000 | $589,000 | $758,000 | $951,000 |
Source: Ownwell
Property Tax Bills Across Kaysville, Utah
In Kaysville, located in Davis County, UT, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value, taking into account factors such as location, property size, and improvements. Homeowners in Kaysville can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $2,442, while at the 75th percentile, it rises to $4,065. The highest median tax bill in the area is $3,120, which is notably lower than the national median property tax rate of 0.99%. This relatively lower property tax rate can be a significant benefit for homeowners, making Kaysville an attractive place for those looking to manage their property expenses effectively. However, it’s essential for homeowners to stay informed about the assessed value of their property and any changes in local tax rates to anticipate their annual tax obligations accurately.
Average Kaysville Tax Bill
$3,120
Average Davis County Tax Bill
$2,654
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Kaysville, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84037 | $2,008 | $2,442 | $3,120 | $4,065 | $5,125 |
Source: Ownwell