Moab, Grand County, Utah Property Taxes
The median property tax rate in Moab, UT is 0.92%, which is just below the national median of 0.99% but significantly higher than the Utah state median of 0.55%. With the median home value in Moab at $475,396, the typical annual property tax bill reaches $4,126, surpassing the national median of $2,690. Property taxes in Moab are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Moab'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 Moab 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
Moab, Grand County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$4,374
$4,059
Ownwell’s Moab Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Moab with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moab 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 Moab, Grand County, Utah
Property taxes in Moab, Utah, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Moab is 0.92%, which is slightly lower than the U.S. national median of 0.99%. Local government entities in Moab set these rates annually, and they can vary across different neighborhoods. Each year, Moab 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 Moab's effective property tax rate to other areas in Grand County and the national median. For comparison, the zip code 84532 has both the highest and the lowest median property tax rate at 0.92%. Understanding how these areas compare with Moab provides valuable insights into the varying tax landscape across Grand County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moab Tax Rate
0.92%
Average Grand County Tax Rate
0.92%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moab, Grand County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84532 | 0.50% | 0.92% | 0.92% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Moab, Grand County, Utah
In Moab, 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 Grand County 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 Moab, 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 Moab helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Moab is $475,396, with tax bills ranging from $2,269 at the 25th percentile to $9,332 at the 90th percentile. The zip code 84532 has both the highest and lowest median tax bill of $4,126.
Property Tax Assessment Values Across Moab, Grand County, Utah
Source: Ownwell
$475,396
$475,396
$475,396
Average Moab Assessed Value
$475,396
Average Grand County Assessed Value
$475,396
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moab, Grand County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84532 | $194,202 | $353,753 | $475,396 | $697,320 | $1,100,000 |
Source: Ownwell
Property Tax Bills Across Moab, Grand County, Utah
In Moab, located in Grand County, UT, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Moab is $475,396. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the tax bill, including property size, location, and improvements made to the home. For homeowners in Moab, the tax bill can vary significantly. The 25th percentile tax bill is $2,269, while the 75th percentile reaches $6,382, and the 90th percentile climbs to $9,332. The highest median tax bill in the area is $4,126, which is significantly higher than the national median property tax rate of 0.99%. This variation in tax bills can impact homeowners' financial planning and overall affordability of living in Moab. Understanding these factors helps homeowners anticipate their annual tax obligations and budget accordingly.
Average Moab Tax Bill
$4,126
Average Grand County Tax Bill
$4,126
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Moab, Grand County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84532 | $1,359 | $2,269 | $4,126 | $6,382 | $9,332 |
Source: Ownwell