Blanding, Utah Property Taxes
The median property tax rate in Blanding, UT is 0.74%, which is lower than the national median of 0.99% but higher than the Utah state median of 0.55%. With a median home value of $195,795 in Blanding, the typical annual property tax bill amounts to $1,422, which is below the national median of $2,690. Property taxes in Blanding are calculated based on the assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Blanding'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 Blanding 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
Blanding, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$1,449
Ownwell’s Blanding Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Blanding with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Blanding 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 Blanding, Utah
Property taxes in Blanding, Utah, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blanding is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Blanding set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blanding 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 Blanding's effective property tax rate to other counties in Utah and the national median. For comparison, the zip code 84511 has both the highest and lowest median property tax rate of 0.74%. Understanding how these cities compare with Blanding provides valuable insights into the varying tax landscape across San Juan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blanding Tax Rate
0.74%
Average San Juan County Tax Rate
0.74%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blanding, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84511 | 0.65% | 0.74% | 0.74% | 0.74% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Blanding, Utah
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Blanding, Utah. The market value represents 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 San Juan 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 Blanding, 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. The highest median tax bill in Blanding is $1422, while the lowest is also $1422, both in the 84511 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Blanding Assessed Value
$195,795
Average San Juan County Assessed Value
$196,330
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blanding, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84511 | $92,133 | $139,674 | $195,795 | $264,437 | $355,969 |
Source: Ownwell
Property Tax Bills Across Blanding, Utah
In Blanding, San Juan County, UT, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in Blanding is $195,795, and property taxes are determined by applying the local tax rate to this assessed value. Factors such as property size, location, and improvements can influence the assessed value, which in turn affects the tax bill. Homeowners in Blanding typically see a range of property tax bills, with the 25th percentile at $1,016 and the 75th percentile at $1,944. The highest median tax bill recorded in the area is $1,422, which is notably lower than the national median property tax rate of 0.99%. This relatively lower tax burden can make homeownership more affordable for residents, although fluctuations in assessed values can still impact annual tax bills. Understanding these factors is crucial for homeowners to anticipate their property tax responsibilities accurately.
Average Blanding Tax Bill
$1,422
Average San Juan County Tax Bill
$1,457
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Blanding, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84511 | $676 | $1,016 | $1,422 | $1,944 | $2,567 |
Source: Ownwell