Orangeville, Utah Property Taxes
The median property tax rate in Orangeville, Utah is 0.91%, which is below the national median of 0.99% but significantly higher than the Utah state median of 0.55%. With a median home value of $158,473 in Orangeville, the typical annual property tax bill amounts to $1,563, falling short of the national median of $2,690. Property taxes in Orangeville are determined based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Gaining a thorough understanding of Orangeville's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're residing in Orangeville or investing in real estate within the city, a deep comprehension of the local property tax structure is advantageous for both homeowners and investors.
Last Updated June 14, 2024
Orangeville, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$1,442
Ownwell’s Orangeville Property Tax Bill Calculator is an indispensable tool for homeowners, real estate investors, and potential buyers who want to estimate their annual property taxes in Orangeville. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Orangeville to provide an accurate estimate of your property tax bill. This valuable resource helps you anticipate your potential tax liabilities, making financial planning easier. For those interested in more granular data, you can explore neighborhood-level trends by scrolling down. Your property’s assessed value, determined by the county, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Orangeville, Utah
Property taxes in Orangeville, Utah, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orangeville is 0.91%, slightly below the U.S. national median of 0.99%. Local government entities within Orangeville set these rates annually, and they can vary across different neighborhoods. Each year, Orangeville 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 Orangeville's effective property tax rate to other areas in Utah and the national median. For comparison, the zip code 84537 has both the highest and lowest median property tax rate of 0.91%. Understanding how these areas compare with Orangeville 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 Orangeville 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 Orangeville, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84537 | 0.91% | 0.91% | 0.91% | 1.14% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Orangeville, Utah
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Orangeville, Utah. 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 local 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 Orangeville, 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 Orangeville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 84537, with a median tax bill of $1,563.
Average Orangeville Assessed Value
$158,473
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 Orangeville, Utah
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84537 | $83,244 | $102,816 | $158,473 | $215,216 | $272,921 |
Source: Ownwell
Property Tax Bills Across Orangeville, Utah
In Orangeville, Emery County, UT, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The tax rate, applied to this assessed value, determines the annual tax bill for homeowners. For instance, with a median home price of $158,473, homeowners might expect a range of tax bills. At the 25th percentile, the tax bill is around $1,075, while at the 75th percentile, it can go up to $2,085. The 90th percentile sees tax bills reaching approximately $2,667. These figures are influenced by various factors, including local government budgets, school funding, and public services. Comparatively, the national median property tax rate is 0.99%, making Orangeville's rates somewhat reflective of broader trends. Homeowners in Orangeville should be aware of these factors as they directly impact their annual financial obligations and the value of their property over time.
Average Orangeville Tax Bill
$1,563
Average Emery County Tax Bill
$1,330
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Orangeville, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84537 | $766 | $1,075 | $1,563 | $2,085 | $2,667 |
Source: Ownwell