Sevier County, Utah Property Taxes
The median property tax rate in Sevier County is 0.55%, which is notably lower than the national median of 0.99% and matches the Utah state median of 0.55%. With the median home value in Sevier County at $296,622, the typical annual property tax bill is $1,616, significantly below the national median of $2,690. Property taxes in Sevier 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 Sevier County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Richfield or another part of Sevier County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sevier County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,631
$1,514
Ownwell’s Sevier County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Sevier County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Sevier County 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 Sevier County, Utah
Property taxes in Sevier County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Sevier County is 0.55%, which is lower than the U.S. national median of 0.99%. Local government entities within Sevier County set these rates annually, and they can vary significantly between different areas within the county. Each year, Sevier 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 Sevier County's effective property tax rate with other areas in Utah and the national median. For comparison, the city of Salina has one of the higher property tax rates in Utah at 0.60%, while the city of Annabella boasts one of the lowest at 0.47%. Analyzing how Sevier County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Sevier County Tax Rate
0.55%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sevier County, Utah
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Annabella | 0.43% | 0.47% | 0.47% | 0.47% | 0.50% |
| Aurora | 0.50% | 0.50% | 0.50% | 0.50% | 0.51% |
| Burrville | 0.41% | 0.48% | 0.51% | 0.64% | 0.84% |
| Central Valley | 0.43% | 0.50% | 0.51% | 0.53% | 0.54% |
| Elsinore | 0.47% | 0.50% | 0.50% | 0.53% | 0.87% |
| Glenwood | 0.41% | 0.48% | 0.48% | 0.49% | 0.50% |
| Joseph | 0.44% | 0.50% | 0.50% | 0.52% | 0.86% |
| Koosharem | 0.47% | 0.47% | 0.47% | 0.85% | 0.85% |
| Monroe | 0.43% | 0.50% | 0.51% | 0.51% | 0.60% |
| Redmond | 0.48% | 0.48% | 0.48% | 0.48% | 0.54% |
| Richfield | 0.49% | 0.55% | 0.55% | 0.55% | 0.82% |
| Salina | 0.51% | 0.60% | 0.60% | 0.60% | 0.64% |
| Sevier | 0.37% | 0.46% | 0.49% | 0.54% | 0.74% |
| Sigurd | 0.44% | 0.49% | 0.49% | 0.49% | 0.89% |
| Venice | 0.32% | 0.46% | 0.49% | 0.51% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Sevier County, Utah
In Sevier 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 Sevier 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 Sevier 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. In Sevier County, the city of Central Valley has the highest median tax bill at $2,096, while Elsinore has the lowest at $1,127. Being aware of these valuation processes in Sevier County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Sevier County Assessed Value
$296,622
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sevier County, Utah
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Annabella | $239,285 | $289,354 | $386,348 | $487,507 | $606,182 |
| Aurora | $188,514 | $232,606 | $294,160 | $391,330 | $485,652 |
| Burrville | $145,368 | $207,935 | $319,404 | $463,311 | $527,066 |
| Central Valley | $249,944 | $300,096 | $427,030 | $547,296 | $696,378 |
| Elsinore | $50,737 | $149,942 | $220,752 | $312,064 | $407,949 |
| Glenwood | $243,676 | $282,916 | $345,317 | $482,146 | $703,456 |
| Joseph | $161,835 | $207,384 | $259,524 | $367,069 | $473,564 |
| Koosharem | $119,491 | $161,661 | $221,846 | $303,032 | $391,414 |
| Monroe | $196,979 | $248,334 | $330,294 | $443,413 | $557,367 |
| Redmond | $166,857 | $207,319 | $267,707 | $358,876 | $500,348 |
| Richfield | $150,245 | $220,736 | $298,748 | $406,744 | $543,495 |
| Salina | $177,348 | $225,348 | $274,556 | $360,588 | $505,898 |
| Sevier | $152,265 | $214,689 | $279,360 | $370,815 | $447,672 |
| Sigurd | $179,437 | $202,032 | $249,174 | $322,651 | $456,344 |
| Venice | $185,963 | $227,810 | $296,057 | $390,488 | $578,769 |
Source: Ownwell
Property Tax Bills Across Sevier County, Utah
In Sevier County, UT, property tax bills are calculated based on the assessed value of the property and the applicable tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. This value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Sevier County is $296,622, and the property tax rate is relatively low compared to the national median of 0.99%. Homeowners in Sevier County can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is $1,181, while the 75th percentile tax bill is $2,213. The highest median tax bill in the county is found in Central Valley at $2,096, whereas Elsinore has the lowest median tax bill at $1,127. These variations are influenced by factors such as property location, market conditions, and specific local tax policies. Understanding these factors can help homeowners anticipate their property tax obligations and plan their finances accordingly.
Average Sevier County Tax Bill
$1,616
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Sevier County, Utah
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Annabella | $877 | $1,301 | $1,767 | $2,381 | $2,981 |
| Aurora | $847 | $1,145 | $1,480 | $1,973 | $2,482 |
| Burrville | $690 | $1,123 | $1,778 | $2,258 | $3,987 |
| Central Valley | $1,026 | $1,449 | $2,096 | $2,793 | $3,573 |
| Elsinore | $241 | $716 | $1,127 | $1,664 | $2,060 |
| Glenwood | $923 | $1,309 | $1,661 | $2,394 | $3,325 |
| Joseph | $738 | $1,045 | $1,333 | $1,907 | $2,594 |
| Koosharem | $603 | $898 | $1,312 | $1,675 | $2,450 |
| Monroe | $918 | $1,269 | $1,707 | $2,285 | $2,905 |
| Redmond | $772 | $1,006 | $1,356 | $1,889 | $2,505 |
| Richfield | $782 | $1,225 | $1,673 | $2,291 | $3,038 |
| Salina | $981 | $1,330 | $1,639 | $2,186 | $3,053 |
| Sevier | $696 | $1,066 | $1,360 | $1,749 | $2,518 |
| Sigurd | $747 | $996 | $1,271 | $1,730 | $2,378 |
| Venice | $678 | $1,077 | $1,439 | $1,882 | $2,679 |
Source: Ownwell