Pinto, Utah Property Taxes
The median property tax rate in Pinto, Utah is 0.64%, which is higher than both the national median of 0.99% and Utah's state median of 0.55%. With a median home value of $132,500 in Pinto, the typical annual property tax bill is $863, significantly lower than the national median of $2,690. Property taxes in Pinto are determined based on the tax assessed value, which is often lower than the market value due to various exemptions such as the primary residence and agricultural exemptions. Gaining a thorough understanding of Pinto's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're residing in the heart of Pinto or another part of Washington County, being well-informed about the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pinto, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$848
Ownwell’s Pinto Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pinto with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pinto 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 Pinto, Utah
Property taxes in Pinto, Utah, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pinto is 0.64%, which is lower than the U.S. national median of 0.99%. Local government entities within Pinto set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pinto 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 Pinto's effective property tax rate to other counties in Utah and the national median. For comparison, the 84756 zip code has the highest median property tax rate of 0.64%, while the same zip code has the lowest median tax rate of 0.64%. Understanding how these cities compare with Pinto 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 Pinto Tax Rate
0.64%
Average Washington County Tax Rate
0.40%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pinto, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84756 | 0.51% | 0.63% | 0.64% | 0.65% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Pinto, Utah
In Pinto, 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's Office 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 Pinto, 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 Pinto helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Pinto is $132,500, with the highest median tax bill of $863.00 found in the 84756 zip code.
Average Pinto Assessed Value
$132,500
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 Pinto, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84756 | $34,560 | $83,000 | $132,500 | $178,200 | $257,860 |
Source: Ownwell
Property Tax Bills Across Pinto, Utah
Property tax bills in Pinto, Washington County, Utah are determined based on the assessed value of a property, which is a percentage of the property's market value. Local tax rates, set by various taxing authorities such as school districts, municipalities, and special districts, are then applied to this assessed value. For homeowners in Pinto, the median home price is $132,500. The tax bill can vary significantly, with the 25th percentile at $520 and the 75th percentile at $1028, indicating a range of tax burdens depending on property values and exemptions. Compared to the national median property tax rate of 0.99%, Pinto's tax rates result in a median tax bill of $863, which is relatively modest. Homeowners in Pinto benefit from lower property tax bills, which can make homeownership more affordable. However, these rates can still impact household budgets, especially for those with higher-valued properties, as seen with the 90th percentile tax bill reaching $1278. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their finances accordingly.
Average Pinto Tax Bill
$863
Average Washington County Tax Bill
$1,953
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Pinto, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84756 | $215 | $520 | $863 | $1,028 | $1,278 |
Source: Ownwell