South Weber, Davis County, Utah Property Taxes
The median property tax rate in South Weber, UT is 0.55%, aligning with the Utah state median but notably lower than the national median of 0.99%. With the median home value in South Weber being $654,000, the typical annual property tax bill reaches $3,506, surpassing the national median of $2,690. Property taxes in South Weber are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding South Weber'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 South Weber 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
South Weber, Davis County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$3,597
$3,338
Ownwell’s South Weber Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in South Weber with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South Weber 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 South Weber, Davis County, Utah
Property taxes in South Weber, Utah, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in South Weber is 0.55%, which is lower than the U.S. national median of 0.99%. Local government entities within South Weber set these rates annually, and they can vary significantly across different neighborhoods. Each year, South Weber 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 South Weber's effective property tax rate to other counties in Utah and the national median. For comparison, the 84405 zip code has the highest median property tax rate of 0.55%, while the same zip code also has the lowest median tax rate of 0.55%. Understanding how these cities compare with South Weber 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 South Weber Tax Rate
0.55%
Average Davis County Tax Rate
0.56%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across South Weber, Davis County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84405 | 0.18% | 0.55% | 0.55% | 0.55% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across South Weber, Davis County, Utah
In South Weber, 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. In South Weber, 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 South Weber helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In South Weber, the median home price is $654,000. The highest and lowest median tax bills are both in the 84405 zip code, amounting to $3,506. Homeowners in the 25th percentile pay around $2,075, while those in the 75th percentile pay about $4,348, and those in the 90th percentile pay approximately $4,498.
Property Tax Assessment Values Across South Weber, Davis County, Utah
Source: Ownwell
$204,000
$429,000
$654,000
Average South Weber Assessed Value
$654,000
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 South Weber, Davis County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84405 | $396,000 | $518,000 | $654,000 | $813,000 | $888,800 |
Source: Ownwell
Property Tax Bills Across South Weber, Davis County, Utah
In South Weber, located in Davis County, UT, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which can fluctuate based on factors such as location, property size, and market conditions. For instance, with a median home price of $654,000, homeowners in South Weber can expect varying tax bills. The tax bill for the 25th percentile is around $2,075, while those in the 75th percentile face bills up to $4,348. At the 90th percentile, tax bills can reach $4,498. These figures illustrate how property values and local tax rates directly impact the amount homeowners are required to pay. Compared to the national median property tax rate of 0.99%, South Weber's property tax landscape offers a range of bills influenced by the assessed value and specific local rates, ultimately affecting how much homeowners need to budget for their annual property tax obligations.
Average South Weber Tax Bill
$3,506
Average Davis County Tax Bill
$2,654
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across South Weber, Davis County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84405 | $838 | $2,075 | $3,506 | $4,348 | $4,498 |
Source: Ownwell