Huntington, Utah Property Taxes
The median property tax rate in Huntington, Utah is 0.91%, slightly lower than the national median of 0.99% but significantly higher than the Utah state median of 0.55%. With a median home value of $140,380 in Huntington, the typical annual property tax bill amounts to $1,250, which is below the national median of $2,690. Property taxes in Huntington are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Huntington'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 Huntington 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
Huntington, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$1,277
Ownwell’s Huntington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Huntington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Huntington 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 Huntington, Utah
Property taxes in Huntington, Utah, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Huntington is 0.91%, slightly lower than the U.S. national median of 0.99%. Local government entities within Huntington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Huntington 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 Huntington's effective property tax rate to other areas in Utah and the national median. For comparison, the zip code 84528 has both the highest and lowest median property tax rate in the region at 0.91%. Understanding how these areas compare with Huntington provides valuable insights into the varying tax landscape across Emery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Huntington Tax Rate
0.91%
Average Emery County Tax Rate
0.91%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Huntington, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84528 | 0.76% | 0.91% | 0.91% | 0.91% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Huntington, 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 Emery 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 Huntington, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Huntington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Huntington are both $1,250, found in the 84528 zip code.
Average Huntington Assessed Value
$140,380
Average Emery County Assessed Value
$143,069
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Huntington, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84528 | $51,010 | $77,845 | $140,380 | $195,866 | $259,595 |
Source: Ownwell
Property Tax Bills Across Huntington, Utah
In Huntington, property tax bills are calculated based on the assessed value of a home, which is determined by the local county assessor. The assessed value is a percentage of the market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the home's location within Emery County, its size, and any applicable exemptions can influence the assessed value. For homeowners in Huntington, property taxes can vary significantly. The 25th percentile tax bill is around $705, while the 75th percentile tax bill reaches $1,700. At the higher end, the 90th percentile tax bill can be as much as $2,337. These variations reflect differences in property values and any applicable exemptions or deductions. Comparatively, Huntington's property tax rates can be more favorable than the national median property tax rate of 0.99%. Understanding how these factors interplay helps homeowners anticipate their tax obligations and manage their finances more effectively.
Average Huntington Tax Bill
$1,250
Average Emery County Tax Bill
$1,330
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Huntington, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84528 | $481 | $705 | $1,250 | $1,700 | $2,337 |
Source: Ownwell