Millard County, Utah Property Taxes
The median property tax rate in Millard County is 0.56%, which is slightly higher than both the national median of 0.99% and Utah's state median of 0.55%. With the median home value in Millard County at $272,297, the typical annual property tax bill amounts to $1,608, considerably less than the national median of $2,690. Property taxes in Millard County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as the primary residence and agricultural exemptions. Understanding Millard County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Fillmore or another part of Millard County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Millard County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$1,525
$1,415
Ownwell’s Millard Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Millard with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Millard to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Millard County, Utah
Property taxes in Millard County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Millard County is 0.56%, which is lower than the U.S. national median of 0.99%. Local government entities within Millard County set these rates annually, and they can vary significantly between different areas within the county. Each year, Millard County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Millard County's effective property tax rate with other areas in Utah and the national median. For comparison, the city of Delta has one of the higher property tax rates in Utah at 0.65%, while the city of Garrison boasts one of the lowest at 0.52%. Analyzing how Millard County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Millard County Tax Rate
0.56%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Millard County, Utah
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abraham | N/A | N/A | N/A | N/A | N/A |
| Delta | 0.55% | 0.56% | 0.65% | 0.65% | 0.68% |
| Fillmore | 0.47% | 0.55% | 0.55% | 0.56% | 0.94% |
| Garrison | N/A | N/A | N/A | N/A | N/A |
| Hinckley | 0.51% | 0.58% | 0.58% | 0.58% | 0.63% |
| Holden | 0.34% | 0.52% | 0.54% | 0.55% | 0.72% |
| Kanosh | 0.25% | 0.53% | 0.53% | 0.55% | 0.95% |
| Leamington | 0.54% | 0.58% | 0.60% | 0.65% | 0.99% |
| Lynndyl | 0.53% | 0.54% | 0.55% | 0.56% | 0.68% |
| Meadow | 0.48% | 0.54% | 0.54% | 0.56% | 0.98% |
| Oak City | 0.52% | 0.55% | 0.55% | 0.55% | 0.59% |
| Oasis | 0.48% | 0.56% | 0.56% | 0.56% | 1.02% |
| Scipio | 0.47% | 0.54% | 0.54% | 0.56% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Millard County, Utah
In Millard County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Millard County Appraisal District. The assessed value, however, 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 in Millard County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Garrison has the highest median tax bill at $1,792, while Hinckley has the lowest at $1,324. Being aware of these valuation processes in Millard County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Millard County Assessed Value
$272,297
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Millard County, Utah
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abraham | N/A | N/A | N/A | N/A | N/A |
| Delta | $125,132 | $188,135 | $270,333 | $390,293 | $558,749 |
| Fillmore | $164,283 | $212,219 | $289,886 | $412,021 | $564,042 |
| Garrison | N/A | N/A | N/A | N/A | N/A |
| Hinckley | $101,802 | $164,458 | $226,526 | $347,157 | $476,185 |
| Holden | $164,310 | $213,556 | $304,990 | $442,256 | $617,911 |
| Kanosh | $140,758 | $216,798 | $300,533 | $445,218 | $595,132 |
| Leamington | $122,315 | $155,361 | $223,843 | $317,997 | $471,592 |
| Lynndyl | $143,964 | $176,226 | $239,367 | $375,053 | $497,410 |
| Meadow | $173,009 | $200,652 | $263,772 | $343,143 | $509,385 |
| Oak City | $201,958 | $240,792 | $306,126 | $384,959 | $489,997 |
| Oasis | $111,872 | $177,337 | $270,257 | $383,153 | $457,509 |
| Scipio | $173,508 | $199,842 | $264,247 | $312,134 | $394,088 |
Source: Ownwell
Property Tax Bills Across Millard County, Utah
In Millard County, Utah, property tax bills are calculated based on the assessed value of a property, which is determined by local tax assessors. The assessed value is a percentage of the property's market value. Homeowners in Millard County experience varying tax bills depending on several factors, including property location and market conditions. For instance, the median home price in the county is $272,297. Tax bills can range significantly, with the 25th percentile at $1,091 and the 75th percentile at $2,363. The highest median tax bill in the county is found in Garrison at $1,792, while the lowest is in Hinckley at $1,324. These tax bills are influenced by local tax rates and the specific assessed value of each property. Homeowners must consider these factors as they impact the overall cost of owning property in Millard County. Compared to the national median property tax rate of 0.99%, Millard County's property tax rates and bills provide a unique landscape for property owners.
Average Millard County Tax Bill
$1,608
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Millard County, Utah
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abraham | N/A | N/A | N/A | N/A | N/A |
| Delta | $649 | $1,122 | $1,675 | $2,420 | $3,640 |
| Fillmore | $745 | $1,130 | $1,655 | $2,455 | $3,534 |
| Garrison | N/A | N/A | N/A | N/A | N/A |
| Hinckley | $399 | $925 | $1,324 | $1,916 | $2,640 |
| Holden | $283 | $949 | $1,735 | $2,425 | $3,868 |
| Kanosh | $604 | $1,098 | $1,585 | $2,454 | $3,495 |
| Leamington | $735 | $989 | $1,339 | $1,888 | $2,804 |
| Lynndyl | $753 | $1,009 | $1,399 | $2,368 | $3,295 |
| Meadow | $778 | $1,065 | $1,558 | $2,100 | $3,157 |
| Oak City | $996 | $1,300 | $1,732 | $2,201 | $2,938 |
| Oasis | $586 | $782 | $1,513 | $2,390 | $2,709 |
| Scipio | $699 | $1,220 | $1,560 | $1,940 | $2,460 |
Source: Ownwell