Fielding, Utah Property Taxes
The median property tax rate in Fielding, Utah is 0.42%, significantly lower than the national median of 0.99% and the Utah state median of 0.55%. With a median home value of $461,145 in Fielding, the typical annual property tax bill amounts to $1,958, which is well below the national median of $2,690. Property taxes in Fielding are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Fielding'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 Fielding or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fielding, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.42%
Estimate Property Tax Bill
$1,937
Ownwell’s Fielding Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fielding with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fielding 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 Fielding, Utah
Property taxes in Fielding, Utah, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fielding is 0.42%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Fielding set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fielding 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 Fielding's effective property tax rate to other areas in Utah and the national median. For comparison, the zip code 84311 has the highest median property tax rate of 0.42%, while the same zip code also has the lowest median tax rate of 0.42%. Understanding how these areas compare with Fielding provides valuable insights into the varying tax landscape across Box Elder County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fielding Tax Rate
0.42%
Average Box Elder County Tax Rate
0.49%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fielding, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84311 | 0.33% | 0.41% | 0.42% | 0.44% | 0.46% |
Source: Ownwell
Property Tax Assessment Values Across Fielding, Utah
In Fielding, 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 Box Elder County 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 Fielding 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. In Fielding, the median home price is $461,145, with tax bills ranging from $1,459 at the 25th percentile to $3,088 at the 90th percentile. The highest and lowest median tax bills are both $1,958 in the zip code 84311. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Fielding Assessed Value
$461,145
Average Box Elder County Assessed Value
$420,318
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fielding, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84311 | $298,952 | $368,975 | $461,145 | $578,896 | $718,481 |
Source: Ownwell
Property Tax Bills Across Fielding, Utah
In Fielding, Box Elder County, UT, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The assessed value is determined by local assessors who consider factors such as the property's size, location, and condition. The tax rate is then applied to this assessed value to determine the tax bill. For homeowners in Fielding, the median home price is $461,145. The property tax rate in this area is slightly lower than the national median of 0.99%. As a result, tax bills can vary significantly. For example, the tax bill at the 25th percentile is $1,459, while at the 75th percentile, it rises to $2,480. At the 90th percentile, homeowners may see a tax bill as high as $3,088. These tax bills can have a substantial impact on homeowners' annual expenses, influencing decisions related to homeownership affordability and long-term financial planning.
Average Fielding Tax Bill
$1,958
Average Box Elder County Tax Bill
$1,988
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Fielding, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84311 | $937 | $1,459 | $1,958 | $2,480 | $3,088 |
Source: Ownwell