Springdale, Utah Property Taxes
The median property tax rate in Springdale, UT is 0.43%, significantly lower than both the national median of 0.99% and the Utah state median of 0.55%. With a median home value of $566,300 in Springdale, the typical annual property tax bill amounts to $2,579, which is below the national median of $2,690. Property taxes in Springdale are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Springdale'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 Springdale or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Springdale, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.43%
Estimate Property Tax Bill
$2,435
Ownwell’s Springdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Springdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Springdale 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 Springdale, Utah
Property taxes in Springdale, Utah, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Springdale is 0.43%, lower than both the Utah state median and the U.S. national median of 0.99%. Local government entities within Springdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Springdale 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 Springdale's effective property tax rate to other counties in Utah and the national median. For comparison, the 84767 zip code has the highest median property tax rate of 0.43%, while the 84767 zip code also has the lowest median tax rate of 0.43%. Understanding how these cities compare with Springdale 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 Springdale Tax Rate
0.43%
Average Washington County Tax Rate
0.40%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Springdale, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84767 | 0.34% | 0.38% | 0.43% | 0.69% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Springdale, Utah
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Springdale, Utah. 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 Springdale, 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. The median home price in Springdale is $566,300, with tax bills ranging from $1,555 at the 25th percentile to $6,565 at the 90th percentile. The highest and lowest median tax bill is $2,579 in the 84767 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Average Springdale Assessed Value
$566,300
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 Springdale, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84767 | $234,840 | $350,000 | $566,300 | $884,450 | $1,252,830 |
Source: Ownwell
Property Tax Bills Across Springdale, Utah
Property tax bills in Springdale, Washington County, UT, are calculated based on the assessed value of a property, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Springdale experience a range of property tax bills, with the 25th percentile at $1,555 and the 75th percentile reaching $4,384. The highest property tax bill recorded in the area is $6,565, reflecting the upper end of the market. Several factors influence these tax bills, including the market value of the property, any applicable exemptions, and the specific tax rate set by local authorities. The median home price in Springdale is $566,300, which significantly impacts the assessed value and, consequently, the tax burden on homeowners. Compared to the national median property tax rate of 0.99%, the rates in Springdale can vary, making it crucial for homeowners to understand how their property values and local tax rates interact to affect their annual tax obligations.
Average Springdale Tax Bill
$2,579
Average Washington County Tax Bill
$1,953
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Springdale, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84767 | $914 | $1,555 | $2,579 | $4,384 | $6,565 |
Source: Ownwell