Manila, Utah Property Taxes
The median property tax rate in Manila, UT is 0.88%, which is lower than the national median of 0.99% but significantly higher than the Utah state median of 0.55%. With a median home value of $164,738 in Manila, the typical annual property tax bill is $1,332, which is below the national median of $2,690. Property taxes in Manila are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Manila'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 Manila or another part of Daggett County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Manila, Utah Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,100
Ownwell’s Manila Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manila with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manila 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 Manila, Utah
Property taxes in Manila, Utah, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Manila is 0.88%, which is lower than the U.S. national median of 0.99%. Local government entities within Manila set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manila 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 Manila's effective property tax rate to other counties in Utah and the national median. For comparison, the 84046 zip code has both the highest and lowest median property tax rate of 0.88%. Understanding how these cities compare with Manila provides valuable insights into the varying tax landscape across Daggett County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Manila Tax Rate
0.88%
Average Daggett County Tax Rate
0.87%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manila, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84046 | 0.48% | 0.87% | 0.88% | 0.88% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Manila, Utah
In Manila, 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 Daggett County Assessor 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 Manila 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. Being aware of these valuation processes in Manila helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,332, found in the 84046 zip code.
Average Manila Assessed Value
$164,738
Average Daggett County Assessed Value
$170,672
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Manila, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84046 | $93,257 | $116,946 | $164,738 | $206,631 | $307,642 |
Source: Ownwell
Property Tax Bills Across Manila, Utah
In Manila, located in Daggett County, UT, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. Homeowners in Manila experience property tax bills that vary significantly. For instance, the tax bill at the 25th percentile is $924, while it rises to $1,703 at the 75th percentile, and reaches $2,241 at the 90th percentile. These tax bills are influenced by the local tax rate and the assessed value of the property. The median home price in Manila is $164,738, which serves as a basis for these calculations. Compared to the national median property tax rate of 0.99%, homeowners in Manila might find their tax bills relatively moderate, depending on their property's assessed value. This system ensures that property taxes are proportionate to the value of the home, impacting homeowners' annual financial obligations.
Average Manila Tax Bill
$1,332
Average Daggett County Tax Bill
$1,369
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Manila, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84046 | $713 | $924 | $1,332 | $1,703 | $2,241 |
Source: Ownwell