Carbon County, Utah Property Taxes
The median property tax rate in Carbon County is 0.64%, which is higher than the Utah state median of 0.55% but lower than the national median of 0.99%. With a median home value of $103,550, the typical annual property tax bill in Carbon County comes to $661, significantly less than the national median of $2,690. Property taxes here are based on the assessed value of the property, which is often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Carbon County's property tax system, exploring available exemptions, and seeking opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in Price or another part of Carbon County, a thorough understanding of local property taxes is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Carbon County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$663
$615
Ownwell’s Carbon County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Carbon County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Carbon County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Carbon County, Utah
Property taxes in Carbon County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Carbon County is 0.64%, which is lower than the U.S. national median of 0.99%. Local government entities within Carbon County set these rates annually, and they can vary significantly between different areas within the county. Each year, Carbon 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 Carbon County's effective property tax rate with other counties in Utah and the national median. For comparison, the city of Scofield has one of the higher property tax rates in Utah at 1.12%, while the city of Price boasts one of the lowest at 0.62%. Analyzing how Carbon County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Carbon County Tax Rate
0.64%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carbon County, Utah
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Price | 0.62% | 0.62% | 0.62% | 0.68% | 1.18% |
| Scofield | N/A | N/A | N/A | N/A | N/A |
| Wellington | 0.64% | 0.64% | 0.64% | 0.64% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Carbon County, Utah
In Carbon 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 Carbon 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 Carbon 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, Price has the highest median tax bill at $1,439, while Wellington has the lowest at $546. Being aware of these valuation processes in Carbon County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Carbon County Assessed Value
$103,550
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carbon County, Utah
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Price | $106,821 | $169,542 | $229,013 | $246,639 | $296,727 |
| Scofield | N/A | N/A | N/A | N/A | N/A |
| Wellington | $44,205 | $54,820 | $77,706 | $103,550 | $103,550 |
Source: Ownwell
Property Tax Bills Across Carbon County, Utah
Property tax bills in Carbon County, Utah, are calculated based on the assessed value of a property, which is determined by local tax assessors. The assessed value is a percentage of the property's market value. Various factors, such as property size, location, and improvements, influence this valuation. Once the assessed value is established, the local tax rate is applied to determine the annual tax bill. Homeowners in Carbon County experience a range of tax bills. The median home price in the county is $103,550. At the lower end, the 25th percentile tax bill is around $499, while the 75th percentile tax bill is approximately $1,417. Those in the 90th percentile face tax bills as high as $1,704. Comparatively, the national median property tax rate is 0.99%, making Carbon County's rates relatively moderate. For instance, residents of Price pay the highest median tax bill at $1,439, whereas those in Wellington enjoy the lowest at $546. These variations significantly impact homeowners' annual financial planning.
Average Carbon County Tax Bill
$661
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Carbon County, Utah
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Price | $680 | $1,252 | $1,439 | $1,648 | $3,018 |
| Scofield | N/A | N/A | N/A | N/A | N/A |
| Wellington | $329 | $485 | $546 | $661 | $661 |
Source: Ownwell