Emery, Emery County, Utah Property Taxes
The median property tax rate in Emery, Utah is 0.92%, 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 $125,224 in Emery, the typical annual property tax bill amounts to $1,238, which is below the national median of $2,690. Property taxes in Emery are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Emery'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 Emery or another part of the county, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Emery, Emery County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$1,152
$1,069
Ownwell’s Emery Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Emery with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Emery 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 Emery, Emery County, Utah
Property taxes in Emery, Utah, are essential for funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Emery is 0.92%, which is slightly below the U.S. national median of 0.99%. Local government entities within Emery set these rates annually, and they can vary significantly across different neighborhoods. Each year, Emery 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 Emery's effective property tax rate to other regions and the national median. For comparison, the zip code 84522 has the highest median property tax rate of 0.92%, while the same zip code also has the lowest median tax rate of 0.92%. Understanding how these areas compare with Emery provides valuable insights into the varying tax landscape across the county, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Emery Tax Rate
0.92%
Average Emery County Tax Rate
0.91%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Emery, Emery County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84522 | 0.92% | 0.92% | 0.92% | 0.95% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Emery, Emery County, Utah
In Emery, 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 local appraisal district 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 Emery, 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 Emery helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 84522, with a median tax bill of $1238.
Property Tax Assessment Values Across Emery, Emery County, Utah
Source: Ownwell
$110,725
$140,304
$169,882
Average Emery Assessed Value
$125,224
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 Emery, Emery County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84522 | $41,902 | $78,778 | $125,224 | $181,256 | $237,422 |
Source: Ownwell
Property Tax Bills Across Emery, Emery County, Utah
In Emery, UT, property tax bills are calculated based on the assessed value of the property, which is determined by local tax authorities. The assessed value is typically a percentage of the property's market value. The median home price in Emery is $125,224, and the property tax rate for the area aligns closely with the national median property tax rate of 0.99%. Several factors influence the property tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Emery can expect tax bills to vary; for example, the 25th percentile tax bill is $799, while the 75th percentile reaches $1,673. The 90th percentile tax bill can go as high as $2,209. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Understanding these factors can help homeowners in Emery better anticipate their annual property tax obligations and manage their finances accordingly.
Average Emery Tax Bill
$1,238
Average Emery County Tax Bill
$1,330
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Emery, Emery County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84522 | $507 | $799 | $1,238 | $1,673 | $2,209 |
Source: Ownwell