San Antonio, Utah Property Taxes
The median property tax rate in San Antonio, UT is 0.55%, which aligns with the state median but is notably lower than the national median of 0.99%. With the median home value in San Antonio, the typical annual property tax bill reaches $30,035, significantly surpassing the national median of $2,690. Property taxes in San Antonio are calculated based on the tax assessed value, often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding San Antonio'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 San Antonio or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
San Antonio, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$29,894
Ownwell’s San Antonio Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in San Antonio with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in San Antonio 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 San Antonio, Utah
Property taxes in San Antonio, Utah, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in San Antonio is 0.55%, lower than both the Utah state median and the U.S. national median of 0.99%. Local government entities within San Antonio set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Antonio 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 San Antonio's effective property tax rate to other counties in Utah and the national median. For comparison, the 78258 zip code has the highest median property tax rate of 0.55%, while the same zip code also has the lowest median tax rate of 0.55%. Understanding how these cities compare with San Antonio 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 San Antonio Tax Rate
0.55%
Average Summit County Tax Rate
0.52%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Antonio, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78258 | 0.55% | 0.55% | 0.55% | 0.55% | 0.55% |
Source: Ownwell
Property Tax Assessment Values Across San Antonio, Utah
In San Antonio, 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. 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 San Antonio helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in San Antonio are both found in the 78258 zip code, with a median tax bill of $30,035.
Average San Antonio Assessed Value
$5,435,200
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 San Antonio, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78258 | $5,435,200 | $5,435,200 | $5,435,200 | $5,435,200 | $5,435,200 |
Source: Ownwell
Property Tax Bills Across San Antonio, Utah
In San Antonio, Summit County, Utah, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as the home's location, size, and market conditions are considered in the assessment process. For instance, the median home price in San Antonio is $5,435,200. With the national median property tax rate at 0.99%, homeowners in this area face significant tax bills. Specifically, the tax bill at the 25th, 75th, and 90th percentiles is consistently $30,035, indicating a uniform tax rate across different property values within this range. The highest and lowest median tax bills in the region are also $30,035, both in the 78258 zip code. These property tax bills can significantly impact homeowners, influencing their financial planning and overall cost of homeownership. Understanding how these taxes are calculated helps homeowners better anticipate their annual expenses and manage their budgets effectively.
Average San Antonio Tax Bill
$30,035
Average Summit County Tax Bill
$4,794
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across San Antonio, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78258 | $30,035 | $30,035 | $30,035 | $30,035 | $30,035 |
Source: Ownwell