Evanston, Utah Property Taxes
The median property tax rate in Evanston, UT is 0.48%, considerably lower than both the national median of 0.99% and the Utah state median of 0.55%. With the median home value in Evanston at $548,281, the typical annual property tax bill reaches $2,140, which is below the national median of $2,690. Property taxes in Evanston 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 Evanston'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 Evanston 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
Evanston, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$2,632
Ownwell’s Evanston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Evanston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Evanston 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 Evanston, Utah
Property taxes in Evanston, Utah, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Evanston is 0.48%, which is lower than both the Utah state median and the U.S. national median of 0.99%. Local government entities within Evanston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Evanston 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 Evanston's effective property tax rate to other counties in Utah and the national median. For comparison, the 82930 zip code has the highest median property tax rate of 0.48%, while the same zip code also has the lowest median tax rate of 0.48%. Understanding how these cities compare with Evanston provides valuable insights into the varying tax landscape across Summit County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Evanston Tax Rate
0.48%
Average Summit County Tax Rate
0.52%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Evanston, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82930 | 0.43% | 0.48% | 0.48% | 0.48% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Evanston, Utah
In Evanston, 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 Summit 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 Evanston, 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. For instance, the tax bill at the 25th percentile is $1,932, while the 75th percentile is $2,890, and the 90th percentile reaches $4,074. The zip code with the highest median tax bill is 82930, with a median of $2,140, which is also the lowest in the region. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Evanston Assessed Value
$548,281
Average Summit County Assessed Value
$1,192,250
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Evanston, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82930 | $402,098 | $414,074 | $548,281 | $606,083 | $854,371 |
Source: Ownwell
Property Tax Bills Across Evanston, Utah
In Evanston, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor’s office. The assessed value is a percentage of the market value of the property. Homeowners in Evanston, located in Summit County, experience varying property tax bills depending on the value of their homes. The national median property tax rate is 0.99%, but local rates can differ significantly. For example, the 25th percentile of tax bills in Evanston is $1,932, while the 75th percentile reaches $2,890, and the 90th percentile can go up to $4,074. These figures illustrate the range of property tax bills homeowners might expect, depending on their property’s assessed value. The highest and lowest median tax bills in the area are both $2,140, indicating a relatively consistent tax rate across different properties. Understanding how these factors impact their tax bills helps homeowners budget effectively and anticipate annual expenses related to property ownership.
Average Evanston Tax Bill
$2,140
Average Summit County Tax Bill
$4,794
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Evanston, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82930 | $1,801 | $1,932 | $2,140 | $2,890 | $4,074 |
Source: Ownwell