Whiterocks, Utah Property Taxes
The median property tax rate in Whiterocks, UT is 0.98%, slightly below the national median of 0.99% but significantly higher than the Utah state median of 0.55%. With a median home value of $91,128 in Whiterocks, the typical annual property tax bill amounts to $852, which is considerably lower than the national median of $2,690. Property taxes in Whiterocks are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Whiterocks' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Whiterocks 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
Whiterocks, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$893
Ownwell’s Whiterocks Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Whiterocks with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Whiterocks 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 Whiterocks, Utah
Property taxes in Whiterocks, Utah, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Whiterocks is 0.98%, slightly below the U.S. national median of 0.99%. Local government entities within Whiterocks set these rates annually, and they can vary significantly across different neighborhoods. Each year, Whiterocks 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 Whiterocks' effective property tax rate to other areas in Uintah County and the national median. For comparison, the 84085 zip code has both the highest and lowest median property tax rate of 0.98%. Understanding how these areas compare with Whiterocks 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 Whiterocks Tax Rate
0.98%
Average Uintah County Tax Rate
1.10%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Whiterocks, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84085 | 0.83% | 0.90% | 0.98% | 1.01% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Whiterocks, Utah
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Whiterocks, Utah. 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 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 Whiterocks, 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 Whiterocks helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Whiterocks (ZIP code 84085), the median tax bill is $852, which is relatively moderate compared to the national median property tax rate of 0.99%. The 25th percentile tax bill stands at $420, while the 75th percentile tax bill is $1200, and the 90th percentile reaches $1466. This range highlights the importance of understanding property valuations and potential exemptions to manage tax expenses effectively.
Average Whiterocks Assessed Value
$91,128
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 Whiterocks, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84085 | $18,836 | $46,954 | $91,128 | $123,098 | $153,981 |
Source: Ownwell
Property Tax Bills Across Whiterocks, Utah
In Whiterocks, located in Uintah 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 market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the property's location, size, and condition. For homeowners in Whiterocks, the median home price is $91,128. Property tax bills can vary significantly, with the 25th percentile tax bill at $420 and the 75th percentile at $1,200. The top 10% of tax bills reach up to $1,466. Compared to the national median property tax rate of 0.99%, the tax rates in Whiterocks offer a relatively manageable burden for homeowners. Understanding how these factors interplay can help residents better anticipate their annual property tax responsibilities and plan accordingly.
Average Whiterocks Tax Bill
$852
Average Uintah County Tax Bill
$1,143
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Whiterocks, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84085 | $110 | $420 | $852 | $1,200 | $1,466 |
Source: Ownwell