Aneth, Utah Property Taxes
The median property tax rate in Aneth, UT is 0.61%, which is lower than the national median of 0.99% but slightly higher than the Utah state median of 0.55%. With a median home value of $242,239 in Aneth, the typical annual property tax bill is approximately $1,470, which is below the national median of $2,690. Property taxes in Aneth are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Aneth'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 Aneth 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
Aneth, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.61%
Estimate Property Tax Bill
$1,478
Ownwell’s Aneth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aneth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aneth 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 Aneth, Utah
Property taxes in Aneth, Utah, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aneth is 0.61%, which is lower than the U.S. national median of 0.99%. Local government entities within Aneth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aneth 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 Aneth's effective property tax rate to other areas in Utah and the national median. For comparison, the zip code 84510 has the highest median property tax rate of 0.61%, while the lowest median tax rate is also 0.61%. Understanding how these cities compare with Aneth 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 Aneth Tax Rate
0.61%
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 Aneth, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84510 | 0.61% | 0.61% | 0.61% | 0.61% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Aneth, Utah
In Aneth, 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 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 Aneth, 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 Aneth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the median tax bill in Aneth is $1,470, consistent across all zip codes, including the highest and lowest, both being 84510.
Average Aneth Assessed Value
$242,239
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 Aneth, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84510 | $242,239 | $242,239 | $242,239 | $242,239 | $242,239 |
Source: Ownwell
Property Tax Bills Across Aneth, Utah
In Aneth, located in San Juan County, UT, property tax bills are calculated based on the assessed value of a home. The median home price in Aneth is $242,239. Local tax authorities determine the assessed value, which is then multiplied by the local property tax rate. The tax rate in Aneth is notable for its consistency, with the 25th, 75th, and 90th percentile tax bills all being $1,470. This uniformity in tax bills suggests a stable tax environment for homeowners. Several factors are considered in determining the tax bill, including the home's market value, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Aneth's rates reflect a different approach to property taxation, potentially offering a predictable financial landscape for homeowners. Understanding how these elements interact helps homeowners anticipate their annual property tax obligations, allowing for better financial planning and stability.
Average Aneth Tax Bill
$1,470
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 Aneth, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84510 | $1,470 | $1,470 | $1,470 | $1,470 | $1,470 |
Source: Ownwell