Naples, Utah Property Taxes
The median property tax rate in Naples, Utah is 1.07%, considerably higher than both the national median of 0.99% and the Utah state median of 0.55%. With the median home value in Naples, the typical annual property tax bill reaches $1,139, exceeding the national median of $2,690. Property taxes in Naples 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 Naples' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Naples 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
Naples, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$1,132
Ownwell’s Naples Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Naples. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Naples to provide an accurate estimate of your property tax bill. This helps you gain a clear understanding of your potential tax liabilities. For those interested in more detailed insights, including neighborhood-level trends, additional localized information is available. Your property’s assessed value, determined by Uintah County, factors in any applicable exemptions, ensuring a precise calculation for your tax obligations.
Property Tax Rates Across Naples, Utah
Property taxes in Naples, Utah, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Naples is 1.07%, higher than the U.S. national median of 0.99%. Local government entities within Naples set these rates annually, and they can vary significantly across different neighborhoods. Each year, Naples 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 Naples' effective property tax rate to other areas in Uintah County and the national median. For comparison, the 84078 zip code has the highest median property tax rate of 1.07%, while the lowest median tax rate is also 1.07%. Understanding how these areas compare with Naples provides valuable insights into the varying tax landscape across Uintah County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Naples Tax Rate
1.07%
Average Uintah County Tax Rate
1.10%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Naples, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84078 | 1.01% | 1.04% | 1.07% | 1.08% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Naples, Utah
In Naples, 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 Uintah 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 Naples, 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 Naples helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 84078 has both the highest and lowest median tax bill, amounting to $1,139.
Average Naples Assessed Value
$105,812
Average Uintah County Assessed Value
$104,634
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Naples, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84078 | $63,386 | $92,643 | $105,812 | $117,728 | $126,317 |
Source: Ownwell
Property Tax Bills Across Naples, Utah
In Naples, Uintah County, UT, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and represents a percentage of the property's market value. For homeowners in Naples, the median home price is $105,812. The property tax rate is applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including local tax rates and any applicable exemptions. For example, the tax bill for the 25th percentile is $982, while homeowners in the 75th percentile pay around $1,273. Those in the 90th percentile see tax bills as high as $1,363. These variations highlight how different assessed values and exemptions can impact the overall tax burden. Compared to the national median property tax rate of 0.99%, Naples homeowners experience a range of tax bills that reflect both the local property values and specific regional tax policies. This variability can significantly affect homeowners' financial planning and budgeting.
Average Naples Tax Bill
$1,139
Average Uintah County Tax Bill
$1,143
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Naples, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84078 | $627 | $982 | $1,139 | $1,273 | $1,363 |
Source: Ownwell