South Jordan, Utah Property Taxes
The median property tax rate in South Jordan, UT is 0.55%, aligning with the state median but significantly lower than the national median of 0.99%. With a median home value of $285,000, the typical annual property tax bill in South Jordan amounts to $1,566, well below the national median of $2,690. Property taxes here are based on the tax assessed value, which is often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. Grasping the nuances of South Jordan's property tax system, exploring available exemptions, and pinpointing opportunities for reductions can result in substantial annual savings. Whether residing in South Jordan or another part of the city, gaining insight into the local property tax structure is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
South Jordan, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,568
Ownwell’s South Jordan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in South Jordan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South Jordan 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 South Jordan, Utah
Property taxes in South Jordan, Utah, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in South Jordan is 0.55%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within South Jordan set these rates annually, and they can vary significantly across different neighborhoods. Each year, South Jordan 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 South Jordan's effective property tax rate to other areas in Washington County and the national median. For comparison, the 84009 zip code has the highest median property tax rate of 0.63%, while the 84095 zip code has the lowest median tax rate of 0.47%. Understanding how these cities compare with South Jordan 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 South Jordan Tax Rate
0.55%
Average Washington County Tax Rate
0.40%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across South Jordan, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84009 | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
84095 | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across South Jordan, Utah
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in South Jordan, Utah. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as 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. Assessment notices in South Jordan 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. For instance, homeowners in the 84009 zip code face the highest median tax bill of $1,708, while those in the 84095 zip code have the lowest median tax bill of $1,423. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average South Jordan Assessed Value
$285,000
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 South Jordan, Utah
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84009 | $270,000 | $270,000 | $270,000 | $270,000 | $270,000 |
84095 | $300,000 | $300,000 | $300,000 | $300,000 | $300,000 |
Source: Ownwell
Property Tax Bills Across South Jordan, Utah
In South Jordan, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is then multiplied by the local property tax rate. For homeowners in South Jordan, the tax rate is influenced by various factors, including the local government's budgetary needs, public services, and school funding requirements. Homeowners in South Jordan can expect a median property tax bill of around $1,637, which falls between the 75th and 90th percentiles. This is relatively lower compared to the national median property tax rate of 0.99%. The highest median tax bill in the area is $1,708, found in the 84009 zip code, while the lowest is $1,423 in the 84095 zip code. These variations are due to differences in assessed home values and specific local tax rates within the city. Understanding these factors can help homeowners anticipate their annual property tax expenses and plan their finances accordingly.
Average South Jordan Tax Bill
$1,566
Average Washington County Tax Bill
$1,953
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across South Jordan, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84009 | $1,708 | $1,708 | $1,708 | $1,708 | $1,708 |
84095 | $1,423 | $1,423 | $1,423 | $1,423 | $1,423 |
Source: Ownwell