Clinton, Utah Property Taxes
The median property tax rate in Clinton, UT is 0.56%, slightly higher than the state median of 0.55% but still below the national median of 0.99%. With a median home value of $553,000 in Clinton, the typical annual property tax bill reaches $2,969, surpassing the national median of $2,690. Property taxes in Clinton 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 Clinton'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 Clinton 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
Clinton, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$3,097
Ownwell’s Clinton Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Clinton. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Clinton to provide an accurate estimate of your property tax bill. This valuable resource helps you understand potential tax liabilities and plan your finances accordingly. For those interested in more granular data, you can explore trends at the neighborhood level by scrolling down. Your property’s assessed value, determined by Davis County, is crucial for property tax calculations and may include applicable exemptions.
Property Tax Rates Across Clinton, Utah
Property taxes in Clinton, Utah, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Clinton is 0.56%, which is lower than the U.S. national median of 0.99%. Local government entities within Clinton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clinton 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 Clinton's effective property tax rate to other counties in Utah and the national median. For comparison, the zip code 84015 has the highest median property tax rate of 0.56%, while the same zip code also has the lowest median tax rate of 0.56%. Understanding how these cities compare with Clinton provides valuable insights into the varying tax landscape across Davis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clinton Tax Rate
0.56%
Average Davis County Tax Rate
0.56%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clinton, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84015 | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Clinton, Utah
In Clinton, 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 Davis 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 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 Clinton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 84015 has both the highest and lowest median tax bills at $2,969.
Average Clinton Assessed Value
$553,000
Average Davis County Assessed Value
$472,000
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clinton, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84015 | $353,400 | $403,193 | $553,000 | $631,500 | $669,700 |
Source: Ownwell
Property Tax Bills Across Clinton, Utah
In Clinton, located in Davis County, UT, property tax bills are calculated based on the assessed value of a home. The median home price in Clinton is $553,000. Property taxes in the area are influenced by several factors, including the home's assessed value, the local tax rate, and any applicable exemptions. For example, the tax bill for homes in the 25th percentile is around $2,184, while those in the 75th percentile see a tax bill of approximately $3,503. Homeowners in the 90th percentile can expect to pay about $3,725 annually. Compared to the national median property tax rate of 0.99%, Clinton’s property tax rates reflect the local economic conditions and government funding needs. The highest median tax bill in the area is $2,969, which is consistent across zip code 84015. Understanding these factors can help homeowners in Clinton anticipate their property tax obligations and manage their finances accordingly.
Average Clinton Tax Bill
$2,969
Average Davis County Tax Bill
$2,654
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Clinton, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84015 | $1,807 | $2,184 | $2,969 | $3,503 | $3,725 |
Source: Ownwell