Castle Dale, Utah Property Taxes
The median property tax rate in Castle Dale, UT is 0.91%, which is lower than the national median of 0.99% but significantly higher than the Utah state median of 0.55%. With the median home value in Castle Dale at $145,648, the typical annual property tax bill is $1,411, falling below the national median of $2,690. Property taxes in Castle Dale are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. By understanding Castle Dale's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether residing in the heart of Castle Dale or other parts of the city, gaining insight into the local property tax system is crucial for financial planning and investment strategies.
Last Updated June 14, 2024
Castle Dale, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$1,325
Ownwell’s Castle Dale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Castle Dale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Castle Dale 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 Castle Dale, Utah
Property taxes in Castle Dale, Utah, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Castle Dale is 0.91%, which is lower than the U.S. national median of 0.99%. Local government entities within Castle Dale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Castle Dale 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 Castle Dale's effective property tax rate to other counties in Utah and the national median. For comparison, the zip code 84513 has both the highest and lowest median property tax rate of 0.91%. Understanding how these cities compare with Castle Dale provides valuable insights into the varying tax landscape across Emery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Castle Dale Tax Rate
0.91%
Average Emery County Tax Rate
0.91%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Castle Dale, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84513 | 0.91% | 0.91% | 0.91% | 0.91% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Castle Dale, Utah
In Castle Dale, 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 Emery 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 Castle Dale, 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. The median home price in Castle Dale is $145,648, with tax bills ranging from $1,020 at the 25th percentile to $2,272 at the 90th percentile. Zip code 84513 has both the highest and lowest median tax bill, standing at $1,411. 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 Castle Dale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Castle Dale Assessed Value
$145,648
Average Emery County Assessed Value
$143,069
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Castle Dale, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84513 | $82,375 | $101,679 | $145,648 | $214,806 | $260,651 |
Source: Ownwell
Property Tax Bills Across Castle Dale, Utah
In Castle Dale, located in Emery County, UT, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county assessor and reflects the market value of the property. The local tax rate is then applied to this assessed value to calculate the annual property tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Castle Dale typically see a range of tax bills. For instance, the 25th percentile tax bill is around $1,020, while the 75th percentile tax bill is about $1,958. At the higher end, the 90th percentile tax bill reaches up to $2,272. These figures highlight the variability in property tax burdens, which can significantly impact homeowners' finances. The highest median tax bill in the area is $1,411, which is lower than the national median property tax rate of 0.99%. Understanding these factors can help homeowners anticipate and manage their property tax expenses effectively.
Average Castle Dale Tax Bill
$1,411
Average Emery County Tax Bill
$1,330
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Castle Dale, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84513 | $789 | $1,020 | $1,411 | $1,958 | $2,272 |
Source: Ownwell