Santa Clara, Utah Property Taxes
The median property tax rate in Santa Clara, Utah, is 0.41%, significantly lower than both the national median of 0.99% and the Utah state median of 0.55%. With a median home value of $530,100 in Santa Clara, the typical annual property tax bill amounts to $2,179, which is below the national median of $2,690. Property taxes in Santa Clara are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Santa Clara's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Santa Clara or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Santa Clara, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.41%
Estimate Property Tax Bill
$2,173
Ownwell’s Santa Clara Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Santa Clara with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Santa Clara 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 Santa Clara, Utah
Property taxes in Santa Clara, Utah, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Santa Clara is 0.41%, significantly lower than both the Utah state median of 0.58% and the U.S. national median of 0.99%. Local government entities within Santa Clara set these rates annually, and they can vary significantly across different neighborhoods. Each year, Santa Clara 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 Santa Clara's effective property tax rate to other counties in Utah and the national median. For comparison, the 84765 zip code has the highest median property tax rate of 0.41%, while the same zip code also has the lowest median tax rate of 0.41%. Understanding how these cities compare with Santa Clara 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 Santa Clara Tax Rate
0.41%
Average Washington County Tax Rate
0.40%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Santa Clara, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84765 | 0.33% | 0.39% | 0.41% | 0.41% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Santa Clara, Utah
In Santa Clara, 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 Santa Clara, 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 Santa Clara helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $2179 in the 84765 zip code, while the lowest median tax bill is also $2179 in the same zip code.
Average Santa Clara Assessed Value
$530,100
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 Santa Clara, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84765 | $386,400 | $442,400 | $530,100 | $685,800 | $968,320 |
Source: Ownwell
Property Tax Bills Across Santa Clara, Utah
Property tax bills in Santa Clara, Washington County, UT, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the market value, which is influenced by factors such as the property's location, size, and condition. For instance, the median home price in Santa Clara is $530,100. Homeowners in the 25th percentile pay around $1,732 in property taxes, while those in the 75th percentile face a tax bill of approximately $3,192. For the top 10% of properties, taxes can reach up to $4,677. These tax bills are essential for funding local services like schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Santa Clara's rates reflect the value placed on these community services. Homeowners should be aware that changes in the housing market or property improvements can affect their assessed value and, consequently, their tax bill. Understanding these factors can help homeowners anticipate and manage their annual property tax obligations.
Average Santa Clara Tax Bill
$2,179
Average Washington County Tax Bill
$1,953
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Santa Clara, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84765 | $1,199 | $1,732 | $2,179 | $3,192 | $4,677 |
Source: Ownwell