Randlett, Utah Property Taxes
The median property tax rate in Randlett, Utah is 1.01%, slightly above the national median of 0.99% and significantly higher than Utah's state median of 0.55%. With a median home value of $76,451, the typical annual property tax bill in Randlett is around $751, which is below the national median of $2,690. Property taxes in Randlett are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Randlett's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Randlett or another part of Uintah County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Randlett, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$772
Ownwell’s Randlett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Randlett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Randlett 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 Randlett, Utah
Property taxes in Randlett, Utah, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Randlett is 1.01%, which is higher than the U.S. national median of 0.99%. Local government entities within Randlett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Randlett 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 Randlett's effective property tax rate to other counties in Utah and the national median. For comparison, the zip code 84063 has both the highest and lowest median property tax rates of 1.01%. Understanding how these areas compare with Randlett provides valuable insights into the varying tax landscape across Uintah County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Randlett Tax Rate
1.01%
Average Uintah County Tax Rate
1.10%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Randlett, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84063 | 0.87% | 0.95% | 1.01% | 1.05% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Randlett, Utah
In Randlett, 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 Uintah 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 Randlett, 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. The median home price in Randlett is $76,451, with tax bills ranging from $271 at the 25th percentile to $1,669 at the 90th percentile. Being aware of these valuation processes in Randlett helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Randlett Assessed Value
$76,451
Average Uintah County Assessed Value
$104,634
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Randlett, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84063 | $10,111 | $29,503 | $76,451 | $105,084 | $161,124 |
Source: Ownwell
Property Tax Bills Across Randlett, Utah
In Randlett, property tax bills are calculated based on the assessed value of a home, which is determined by the Uintah County assessor's office. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. For example, the median home price in Randlett is $76,451. Depending on various factors like location and property characteristics, homeowners might see tax bills ranging from $271 at the 25th percentile to $1,669 at the 90th percentile. Several factors influence the tax bill, including property size, age, and any improvements made. The local tax rate in Randlett is designed to fund community services such as schools, public safety, and infrastructure. Homeowners in Randlett should be aware that their property tax bills can significantly impact their annual expenses. Compared to the national median property tax rate of 0.99%, Randlett's tax rates can vary, affecting how much homeowners pay each year.
Average Randlett Tax Bill
$751
Average Uintah County Tax Bill
$1,143
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Randlett, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84063 | $79 | $271 | $751 | $1,134 | $1,669 |
Source: Ownwell