Kingston, Utah Property Taxes
The median property tax rate in Kingston, Utah is 0.88%, which is lower than the national median of 0.99% but higher than the Utah state median of 0.55%. With the median home value in Kingston at $69,264, the typical annual property tax bill amounts to $474, falling well below the national median of $2,690. Property taxes in Kingston are calculated based on the tax assessed value, often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Kingston'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 Kingston 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
Kingston, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$610
Ownwell’s Kingston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kingston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kingston 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 Kingston, Utah
Property taxes in Kingston, Utah, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kingston is 0.49%, which is lower than both the Utah state median of 0.58% and the U.S. national median of 0.99%. Local government entities within Kingston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kingston 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 Kingston's effective property tax rate to other counties in Utah and the national median. For comparison, the zip code 84743 has the highest median property tax rate of 0.49%, while the same zip code also has the lowest median tax rate of 0.49%. Understanding how these cities compare with Kingston provides valuable insights into the varying tax landscape across Piute County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kingston Tax Rate
0.88%
Average Piute County Tax Rate
0.84%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kingston, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84743 | 0.53% | 0.55% | 0.88% | 0.95% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Kingston, Utah
In Kingston, 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 Piute 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 Kingston, 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. Kingston's median home price is $69,264, with the 25th percentile tax bill at $399 and the 75th percentile at $694. The highest and lowest median tax bills are both $474, in zip code 84743. Being aware of these valuation processes in Kingston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kingston Assessed Value
$69,264
Average Piute County Assessed Value
$99,258
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kingston, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84743 | $36,606 | $49,510 | $69,264 | $100,861 | $165,803 |
Source: Ownwell
Property Tax Bills Across Kingston, Utah
In Kingston, located in Piute County, UT, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Kingston can expect their property tax bills to be influenced by several factors, including the assessed value of their property and the local tax rate. For example, the median home price in Kingston is $69,264. Property tax bills in the area can vary significantly, with the 25th percentile tax bill being $399, the 75th percentile at $694, and the 90th percentile reaching $845. This range indicates that while some homeowners may pay relatively modest amounts, others could face higher bills depending on the value of their property and specific local tax rates. Compared to the national median property tax rate of 0.99%, Kingston's tax bills are relatively lower, making it an attractive location for homeowners looking for affordable property tax rates. This lower tax burden can significantly impact homeowners' overall financial planning and housing affordability.
Average Kingston Tax Bill
$474
Average Piute County Tax Bill
$710
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Kingston, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84743 | $349 | $399 | $474 | $694 | $845 |
Source: Ownwell