Brookside, Utah Property Taxes
The median property tax rate in Brookside, Utah is 0.63%, slightly higher than the state median of 0.55% but lower than the national median of 0.99%. With a median home value of $62,800 in Brookside, the typical annual property tax bill is $420, which is significantly below the national median of $2,690. Property taxes in Brookside are calculated based on the tax assessed value, which often falls below market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Brookside'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 Brookside 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
Brookside, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$396
Ownwell’s Brookside Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brookside with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brookside 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 Brookside, Utah
Property taxes in Brookside, Utah, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brookside is 0.63%, which is below the U.S. national median of 0.99%. Local government entities within Brookside set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brookside 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 Brookside's effective property tax rate to other counties in Utah and the national median. For comparison, the 84782 zip code has both the highest and lowest median property tax rate of 0.63%. Understanding how these cities compare with Brookside provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brookside Tax Rate
0.63%
Average Washington County Tax Rate
0.40%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brookside, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84782 | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Brookside, Utah
In Brookside, 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 Washington 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 Brookside, 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 Brookside helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Brookside is 84782, with a median tax bill of $420.00. The same zip code also has the lowest median tax bill at $420.00.
Average Brookside Assessed Value
$62,800
Average Washington County Assessed Value
$457,600
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brookside, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84782 | $21,060 | $40,100 | $62,800 | $97,500 | $110,620 |
Source: Ownwell
Property Tax Bills Across Brookside, Utah
In Brookside, Washington County, UT, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For example, with a median home price of $62,800, homeowners can expect a tax bill ranging between $246 at the 25th percentile and $570 at the 75th percentile, with the 90th percentile reaching up to $679. These figures illustrate the variability in tax bills depending on the specific assessed value and applicable exemptions. Factors such as property improvements, location, and market conditions can influence the assessed value, subsequently affecting the tax bill. For homeowners, understanding these factors is crucial as they directly impact annual expenses. Compared to the national median property tax rate of 0.99%, Brookside's property tax rates reflect a more localized approach, ensuring that tax bills are aligned with the region's economic conditions and property values.
Average Brookside Tax Bill
$420
Average Washington County Tax Bill
$1,953
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Brookside, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84782 | $114 | $246 | $420 | $570 | $679 |
Source: Ownwell