Alpine, Utah Property Taxes
The median property tax rate in Alpine, UT is 0.44%, significantly lower than both the national median of 0.99% and the Utah state median of 0.55%. With the median home value in Alpine, the typical annual property tax bill reaches $4,328, surpassing the national median of $2,690. Property taxes in Alpine are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Alpine'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 Alpine 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
Alpine, Utah Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,100
Ownwell’s Alpine Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Alpine with ease. By simply entering your property's estimated assessed value, our calculator applies the median tax rate in Alpine to provide an accurate estimate of your property tax bill. This valuable tool offers a clear understanding of your potential tax liabilities. For those interested in more detailed insights, you can explore trends at a neighborhood level by scrolling down. Your property’s assessed value is determined by the county, factoring in any applicable exemptions to ensure accurate property tax calculations.
Property Tax Rates Across Alpine, Utah
Property taxes in Alpine, Utah, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alpine is 0.44%, significantly lower than both the Utah state median and the U.S. national median of 0.99%. Local government entities within Alpine set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alpine 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 Alpine's effective property tax rate to other counties in Utah and the national median. For comparison, the 84004 zip code has the highest median property tax rate of 0.44%, while the 84004 zip code also has the lowest median tax rate of 0.44%. Understanding how these cities compare with Alpine provides valuable insights into the varying tax landscape across Utah County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alpine Tax Rate
0.44%
Average Utah County Tax Rate
0.47%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alpine, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84004 | 0.44% | 0.44% | 0.44% | 0.44% | 0.45% |
Source: Ownwell
Property Tax Assessment Values Across Alpine, Utah
In Alpine, 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 Utah County Assessor 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 Alpine, 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 Alpine helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Alpine are both $4,328, found in the 84004 zip code.
Average Alpine Assessed Value
$989,100
Average Utah County Assessed Value
$478,000
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alpine, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84004 | $598,400 | $749,200 | $989,100 | $1,440,750 | $2,116,400 |
Source: Ownwell
Property Tax Bills Across Alpine, Utah
In Alpine, located in Utah 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 home's market value. Once the assessed value is established, the local tax rate is applied to this value to determine the annual property tax bill. Several factors influence the tax bill, including the median home price in the area, which stands at $989,100. Homeowners in the 25th percentile can expect a tax bill around $3,238, while those in the 75th percentile may see bills as high as $6,341. At the 90th percentile, tax bills can reach $9,452. The highest and lowest median tax bills in the area are both $4,328, indicating a consistent tax rate within the 84004 zip code. Compared to the national median property tax rate of 0.99%, Alpine's rates can significantly impact homeowners, especially those with higher-valued properties. Understanding these factors can help homeowners better anticipate their annual tax obligations.
Average Alpine Tax Bill
$4,328
Average Utah County Tax Bill
$2,288
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Alpine, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84004 | $2,577 | $3,238 | $4,328 | $6,341 | $9,452 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 15 |
| Tax Bill | |
| Issued | October 1 |
Links | |
|---|---|
| Utah Tax Assessor | |
| Phone | (801) 851-8109 |
| Website | www.utahcounty.gov |