Grouse Creek, Utah Property Taxes
The median property tax rate in Grouse Creek, Utah is 0.64%, which is lower than the national median of 0.99% but slightly higher than the Utah state median of 0.55%. With the median home value in Grouse Creek at $150,952, the typical annual property tax bill amounts to $993, significantly below the national median of $2,690. Property taxes in Grouse Creek are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Grouse Creek's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Grouse Creek or another part of Box Elder County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Grouse Creek, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$966
Ownwell’s Grouse Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Grouse Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Grouse Creek 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 Box Elder County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Grouse Creek, Utah
Property taxes in Grouse Creek, Utah, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grouse Creek is 0.64%, which is lower than the U.S. national median of 0.99%. Local government entities within Grouse Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grouse Creek 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 Grouse Creek's effective property tax rate to other counties in Utah and the national median. For comparison, the zip code 84313 has the highest median property tax rate of 0.64%, while the same zip code also has the lowest median tax rate of 0.64%. Understanding how these cities compare with Grouse Creek 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 Grouse Creek Tax Rate
0.64%
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 Grouse Creek, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84313 | 0.49% | 0.55% | 0.64% | 0.87% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Grouse Creek, Utah
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Grouse Creek, 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 Box Elder 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 Grouse Creek, 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. For example, the median home price is $150,952, with tax bills ranging from $701 at the 25th percentile to $1,897 at the 90th percentile. Notably, the highest and lowest median tax bills in the area are both $993, found in the 84313 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 effectively manage their tax burden.
Average Grouse Creek Assessed Value
$150,952
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 Grouse Creek, Utah
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84313 | $47,386 | $103,616 | $150,952 | $215,306 | $320,047 |
Source: Ownwell
Property Tax Bills Across Grouse Creek, Utah
In Grouse Creek, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Box Elder County, the median home price is $150,952. Property tax bills in this area vary significantly, with the 25th percentile at $701 and the 75th percentile reaching $1,427. At the higher end, the 90th percentile tax bill can be as much as $1,897. Several factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, the rates in Box Elder County can result in varying tax burdens for homeowners. Understanding how these elements interact is crucial for homeowners to anticipate their annual tax obligations and manage their finances effectively.
Average Grouse Creek Tax Bill
$993
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 Grouse Creek, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84313 | $345 | $701 | $993 | $1,427 | $1,897 |
Source: Ownwell