Beaver County, Utah Property Taxes
The median property tax rate in Beaver County is 0.57%, slightly higher than Utah's state median of 0.55% but still below the national median of 0.99%. With a median home value of $175,000 in Beaver County, the typical annual property tax bill amounts to $1,101, considerably lower than the national median of $2,690. Property taxes in Beaver County are calculated based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural lands. Understanding Beaver County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Beaver or another part of Beaver County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Beaver County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.57%
Estimate Property Tax Bill
$997
$926
Ownwell’s Beaver County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Beaver County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Beaver County to estimate your property tax bill. This valuable tool helps you understand potential tax liabilities. For more localized trends, navigate to the city-level informational pages. Your property's assessed value is the value assigned by the county for tax calculations and considers any exemptions you may have.
Property Tax Rates Across Beaver County, Utah
Property taxes in Beaver County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Beaver County is 0.57%, which is lower than the U.S. national median of 0.99%. Local government entities within Beaver County set these rates annually, and they can vary significantly between different areas within the county. Each year, Beaver County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Beaver County's effective property tax rate with other counties in Utah and the national median. For comparison, the city of Greenville has one of the higher property tax rates in Utah at 0.62%, while the city of Beaver boasts one of the lowest at 0.45%. Analyzing how Beaver County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Beaver County Tax Rate
0.57%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beaver County, Utah
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaver | 0.45% | 0.45% | 0.45% | 0.66% | 0.79% |
| Greenville | N/A | N/A | N/A | N/A | N/A |
| Milford | 0.57% | 0.57% | 0.57% | 0.57% | 1.04% |
| Minersville | 0.54% | 0.54% | 0.54% | 0.54% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Beaver County, Utah
In Beaver County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Beaver County Appraisal District. The assessed value, however, 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 Beaver County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, the highest median tax bill in the county is $2,158 in Greenville, while the lowest is $731 in Milford. Being aware of these valuation processes in Beaver County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Beaver County Assessed Value
$175,000
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beaver County, Utah
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaver | $175,000 | $213,014 | $276,461 | $362,061 | $501,979 |
| Greenville | N/A | N/A | N/A | N/A | N/A |
| Milford | $68,468 | $86,632 | $118,832 | $188,392 | $242,503 |
| Minersville | $189,924 | $208,175 | $222,988 | $263,606 | $295,151 |
Source: Ownwell
Property Tax Bills Across Beaver County, Utah
In Beaver County, UT, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The median home price in the county is $175,000. Property taxes in Beaver County are influenced by local tax rates and the specific value of your property, with the national median property tax rate being 0.99%. Homeowners in Beaver County might see a range of tax bills, with the 25th percentile at $605, the 75th percentile at $1726, and the 90th percentile reaching $2397. These figures indicate that while some homeowners pay relatively modest amounts, others face significantly higher bills depending on their property's assessed value. For context, Greenville has the highest median tax bill at $2158, whereas Milford boasts the lowest at $731. Understanding these factors can help homeowners anticipate their tax obligations and plan accordingly, ensuring they are prepared for the financial impact property taxes can have.
Average Beaver County Tax Bill
$1,101
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Beaver County, Utah
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beaver | $851 | $1,016 | $1,516 | $1,939 | $2,499 |
| Greenville | N/A | N/A | N/A | N/A | N/A |
| Milford | $443 | $535 | $731 | $1,085 | $1,415 |
| Minersville | $1,027 | $1,126 | $1,206 | $1,430 | $1,597 |
Source: Ownwell