Eden, Utah Property Taxes
The median property tax rate in Eden, Utah is 0.66%, which is lower than the national median of 0.99% but higher than the Utah state median of 0.55%. With the median home value in Eden at $268,800, the typical annual property tax bill reaches $1,767, falling below the national median of $2,690. Property taxes in Eden are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Eden'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 Eden 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
Eden, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.66%
Estimate Property Tax Bill
$1,774
Ownwell’s Eden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eden 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 Eden, Utah
Property taxes in Eden, Utah, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eden is 0.66%, which is lower than both the Utah state median and the U.S. national median of 0.99%. Local government entities within Eden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eden 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 Eden's effective property tax rate to other counties in Utah and the national median. For comparison, the 84310 zip code has the highest median property tax rate of 0.66%, while the same zip code also has the lowest median tax rate of 0.66%. Understanding how these cities compare with Eden 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 Eden Tax Rate
0.66%
Average Washington County Tax Rate
0.40%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eden, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84310 | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Eden, Utah
In Eden, 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 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 Eden, 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. Eden’s median home price is $268,800, with the highest and lowest median tax bills both recorded at $1,767 in the 84310 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Eden Assessed Value
$268,800
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 Eden, Utah
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84310 | $268,800 | $268,800 | $268,800 | $268,800 | $268,800 |
Source: Ownwell
Property Tax Bills Across Eden, Utah
In Eden, 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 tax bill. For instance, with a median home price of $268,800 in Eden, homeowners can expect a median tax bill of $1,767. This figure is consistent across different percentiles, indicating a uniform tax rate across the board. Several factors influence the assessed value, including the property's size, location, and market conditions. Homeowners in Eden should be aware that while the local property tax rate is relatively stable, any significant changes in assessed value can impact their annual tax bill. Compared to the national median property tax rate of 0.99%, Eden's property tax rate is competitive, making it an appealing location for potential homeowners. Understanding these components helps homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average Eden Tax Bill
$1,767
Average Washington County Tax Bill
$1,953
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Eden, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84310 | $1,767 | $1,767 | $1,767 | $1,767 | $1,767 |
Source: Ownwell