West Valley City, Utah Property Taxes
The median property tax rate in West Valley City, UT is 0.68%, which is lower than both the national median of 0.99% and the Utah state median of 0.55%. With the median home value in West Valley City at $375,100, the typical annual property tax bill amounts to $2,546, falling below the national median of $2,690. Property taxes in West Valley City are determined based on the tax assessed value, which often comes in lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Gaining an understanding of West Valley City's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in significant annual savings. Whether you're in the heart of West Valley City or another part of Salt Lake County, mastering the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West Valley City, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.68%
Estimate Property Tax Bill
$2,551
Ownwell’s West Valley City Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in West Valley City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Valley City 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 West Valley City, Utah
Property taxes in West Valley City, Utah, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Valley City is 0.68%, which is lower than the U.S. national median of 0.99%. Local government entities within West Valley City set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Valley City 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 West Valley City's effective property tax rate to other counties in Utah and the national median. For comparison, the 84084 zip code has the highest median property tax rate of 0.87%, while the 84119 zip code has the lowest median tax rate of 0.68%. Understanding how these cities compare with West Valley City 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 West Valley City Tax Rate
0.68%
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 West Valley City, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84081 | 0.66% | 0.69% | 0.72% | 0.72% | 0.72% |
84084 | 0.87% | 0.87% | 0.87% | 0.87% | 0.87% |
84118 | 0.68% | 0.71% | 0.73% | 0.74% | 0.74% |
84119 | 0.66% | 0.68% | 0.68% | 0.68% | 0.68% |
84120 | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
84128 | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across West Valley City, Utah
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in West Valley City, Utah. 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 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 West Valley City, 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. For example, the highest median tax bill in the area is $3,593 in the 84118 zip code, while the lowest is $2,391 in the 84119 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across West Valley City, Utah
Source: Ownwell
$208,700
$750,750
$1,292,800
Average West Valley City Assessed Value
$375,100
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 West Valley City, Utah
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84081 | $430,690 | $457,800 | $494,100 | $546,675 | $588,300 |
84084 | $392,500 | $392,500 | $392,500 | $392,500 | $392,500 |
84118 | $449,920 | $475,900 | $492,495 | $508,650 | $528,270 |
84119 | $267,570 | $303,125 | $355,250 | $403,600 | $446,530 |
84120 | $318,900 | $344,700 | $374,500 | $415,000 | $475,500 |
84128 | $326,770 | $355,200 | $390,850 | $452,100 | $523,030 |
Source: Ownwell
Property Tax Bills Across West Valley City, Utah
In West Valley City, located in Salt Lake County, UT, property tax bills are calculated based on the assessed value of the home. The assessed value is determined by the county assessor and is typically a percentage of the market value of the property. Various factors, such as the size of the property, its location, and any improvements made, play a significant role in determining this value. Homeowners in West Valley City can expect a range of property tax bills. For example, the tax bill at the 25th percentile is around $2,258, while at the 75th percentile, it goes up to approximately $2,877. The 90th percentile tax bill can reach as high as $3,352. Comparatively, the national median property tax rate is 0.99%, making it crucial for homeowners to understand how these local rates impact their annual expenses. High property tax bills can significantly affect household budgets, so understanding the factors that influence these taxes is essential for financial planning.
Average West Valley City Tax Bill
$2,546
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 West Valley City, Utah
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
84081 | $3,039 | $3,272 | $3,531 | $3,766 | $4,019 |
84084 | $3,412 | $3,412 | $3,412 | $3,412 | $3,412 |
84118 | $3,209 | $3,399 | $3,593 | $3,715 | $3,785 |
84119 | $1,631 | $2,026 | $2,391 | $2,738 | $3,045 |
84120 | $1,987 | $2,318 | $2,542 | $2,826 | $3,246 |
84128 | $2,141 | $2,407 | $2,663 | $3,096 | $3,610 |
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 |