Taylorsville, Summit County, Utah Property Taxes

Name: Property Tax Bills Across Taylorsville, Summit County, Utah
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Taylorsville, Utah effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, but lower than the Utah state median of 0.55%.
Median Taylorsville, Utah home value: $405,605
Median annual Taylorsville, Utah tax bill: $2,117, $283 lower than the national median property tax bill of $2,400.

How are property taxes in Summit County calculated?

Property taxes in Taylorsville, Utah are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Taylorsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Taylorsville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Taylorsville, Summit County, Utah Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.52%

Estimate Property Tax Bill

$2,109

$1,957

Ownwell’s Taylorsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Taylorsville with just two data points. By entering your property's estimated assessed value, our calculator applies Taylorsville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Salt Lake County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Taylorsville, Summit County, Utah

Local government entities determine tax rates, which can significantly differ across a state. This variation arises because each year, counties estimate their necessary budget to fund services and then divide this by the total value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. Though votes and regulations play roles in setting these rates and budgets, this is the core of the annual process.

Taylorsville in Salt Lake County, Utah, has an effective property tax rate of 0.67%, which is lower than the national median of 1.02%. When comparing Taylorsville to other cities in Utah, it's clear that its rate is competitive. For instance, Summit County has a median tax rate of 0.52%, showcasing a range of tax rates within the state. The median property tax bill in Taylorsville is $1,780, below the national median of $2,400. This makes Taylorsville an attractive option for property owners seeking lower tax burdens. By understanding these differences, property owners can make informed decisions about where to invest or settle in Utah.

Property Tax Rates Across Taylorsville, Summit County, Utah

Source: Ownwell

0.30%

0.43%

0.56%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Taylorsville Tax Rate

0.52%

Median Effective Summit County Tax Rate

0.52%

Median Effective Utah Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Taylorsville, Summit County, Utah

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
84129	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Taylorsville, Summit County, Utah

When examining property taxes in Taylorsville, Utah, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Summit County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Summit County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Taylorsville. For example, the median home price in Taylorsville is $405,605, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Taylorsville, Summit County, Utah

Source: Ownwell

$571,220

$1,195,296

$1,819,372

Median Taylorsville Market Value

$405,605

Median Summit County Market Value

$1,192,250

Median Utah Market Value

$457,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Taylorsville, Summit County, Utah

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
84129	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Taylorsville, Summit County, Utah

In Taylorsville, located in Summit County, Utah, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. With a median home price of $405,605, homeowners in Taylorsville face a property tax bill that typically aligns with the 25th, 75th, and 90th percentiles at $2,117. This figure is below the national median property tax bill of $2,400, offering a relatively lower financial burden for Taylorsville residents compared to the national average. However, property taxes can still pose a significant expense for homeowners. Ownwell can assist by analyzing your property’s assessed value to ensure accuracy, identifying potential exemptions, and filing appeals on your behalf. By leveraging their expertise, Ownwell can help homeowners reduce their property tax bills, ensuring they only pay their fair share and potentially saving them hundreds of dollars annually.

Property Tax Bills Across Taylorsville, Summit County, Utah

Source: Ownwell

$1,924

$5,109

$8,294

Median Taylorsville Tax Bill

$2,117

Median Summit County Tax Bill

$4,794

Median Utah Tax Bill

$2,492

Median United States Tax Bill

$2,400

Property Tax Bills Across Taylorsville, Summit County, Utah

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
84129	N/A	N/A	N/A	N/A	N/A

Source: Ownwell