Delta, Utah Property Taxes
The median property tax rate in Delta, Utah is 0.65%, 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 Delta being $270,333, the typical annual property tax bill reaches $1,675, falling below the national median of $2,690. Property taxes in Delta are calculated based on the tax assessed value, which often is less than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Delta'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 Delta 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
Delta, 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 Delta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Delta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Delta 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 Delta, Utah
Property taxes in Delta, Utah, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Delta is 0.65%, which is lower than the U.S. national median of 0.99%. Local government entities within Delta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Delta 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 Delta's effective property tax rate to other areas in Utah and the national median. For comparison, the zip code 84624 has both the highest and lowest median property tax rate of 0.65%. Understanding how these areas compare with Delta provides valuable insights into the varying tax landscape across Millard County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Delta Tax Rate
0.65%
Average Millard County Tax Rate
0.56%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Delta, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84624 | 0.55% | 0.56% | 0.65% | 0.65% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Delta, Utah
In Delta, 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 Millard 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 Delta, 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 Delta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Delta is $1675, found in the 84624 zip code, which also has the lowest median tax bill.
Average Delta Assessed Value
$270,333
Average Millard County Assessed Value
$272,297
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Delta, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84624 | $125,132 | $188,135 | $270,333 | $390,293 | $558,749 |
Source: Ownwell
Property Tax Bills Across Delta, Utah
In Delta, located in Millard 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 property's market value. For instance, with a median home price of $270,333, homeowners can expect their property tax bills to vary significantly. At the 25th percentile, the tax bill is approximately $1,122, while at the 75th percentile, it reaches around $2,420. For those at the 90th percentile, the tax bill can soar to about $3,640. These figures indicate that Delta's property tax rates can have a substantial impact on homeowners, with the highest median tax bill in the area being $1,675. This is lower than the national median property tax rate of 0.99%. Understanding these factors can help homeowners better anticipate their annual expenses and plan their finances accordingly.
Average Delta Tax Bill
$1,675
Average Millard County Tax Bill
$1,608
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Delta, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84624 | $649 | $1,122 | $1,675 | $2,420 | $3,640 |
Source: Ownwell