South Jordan, Utah Property Taxes
The median property tax rate in South Jordan, UT is 0.56%, slightly higher than the state median of 0.55% but still below the national median of 0.99%. With a median home value of $592,400, the typical annual property tax bill in South Jordan reaches $3,268, surpassing the national median of $2,690. Property taxes in South Jordan 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 Jordan'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 Jordan 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 Jordan, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$3,317
Ownwell’s South Jordan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in South Jordan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South Jordan 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 Jordan, Utah
Property taxes in South Jordan, Utah, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in South Jordan is 0.56%, which is lower than the U.S. national median of 0.99%. Local government entities within South Jordan set these rates annually, and they can vary across different neighborhoods. Each year, South Jordan 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 Jordan's effective property tax rate to other areas in Salt Lake County and the national median. For comparison, the 84096 zip code has the highest median property tax rate of 0.57%, while the 84088 zip code has the lowest median tax rate of 0.56%. Understanding how these areas compare with South Jordan provides valuable insights into the varying tax landscape across Salt Lake County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average South Jordan Tax Rate
0.56%
Average Salt Lake County Tax Rate
0.56%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across South Jordan, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84009 | 0.56% | 0.56% | 0.56% | 0.56% | 0.58% |
84088 | 0.42% | 0.56% | 0.56% | 0.56% | 0.56% |
84095 | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
84096 | 0.57% | 0.57% | 0.57% | 0.57% | 0.57% |
Source: Ownwell
Property Tax Assessment Values Across South Jordan, Utah
In South Jordan, 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 Salt Lake 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 Jordan, 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 is $592,400, with tax bills ranging significantly. The highest median tax bill is $4,512 in the 84096 zip code, while the lowest is $2,600 in the 84088 zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average South Jordan Assessed Value
$592,400
Average Salt Lake County Assessed Value
$475,200
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across South Jordan, Utah
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84009 | $354,450 | $448,175 | $545,050 | $640,325 | $758,500 |
84088 | $421,400 | $449,375 | $468,600 | $475,275 | $482,880 |
84095 | $398,980 | $550,500 | $675,300 | $815,625 | $983,510 |
84096 | $785,200 | $785,200 | $785,200 | $785,200 | $785,200 |
Source: Ownwell
Property Tax Bills Across South Jordan, Utah
In South Jordan, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. The assessed value is then multiplied by the local property tax rate. For Salt Lake County, where South Jordan is located, the median home price is $592,400. The tax bill can vary significantly depending on the exact location within the city and the specific characteristics of the property. For example, the tax bill at the 25th percentile is $2,568, while at the 75th percentile, it rises to $4,016, and at the 90th percentile, it can reach up to $4,854. The highest median tax bill within the city is found in the 84096 zip code, amounting to $4,512, whereas the lowest median tax bill is $2,600 in the 84088 zip code. These variations can impact homeowners differently, influencing their overall financial planning and budgeting. Compared to the national median property tax rate of 0.99%, South Jordan's property tax rates reflect the local economic environment and property values.
Average South Jordan Tax Bill
$3,268
Average Salt Lake County Tax Bill
$2,800
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across South Jordan, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84009 | $1,675 | $2,450 | $3,023 | $3,564 | $4,230 |
84088 | $1,763 | $2,352 | $2,600 | $2,653 | $2,695 |
84095 | $1,962 | $2,910 | $3,726 | $4,535 | $5,462 |
84096 | $4,512 | $4,512 | $4,512 | $4,512 | $4,512 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
---|---|
Appeal Deadline | September 15 |
Tax Bill | |
Issued | October 1 |
Links | |
---|---|
Salt Lake Tax Assessor | |
Phone | (385) 468-7200 |
Website | slco.org |
propertytaxappeals@slco.org |