Roosevelt, Utah Property Taxes
The median property tax rate in Roosevelt, UT is 0.98%, closely aligned with the national median of 0.99% but significantly higher than the Utah state median of 0.55%. With a median home value of $85,915 in Roosevelt, the typical annual property tax bill amounts to $881, which is notably lower than the national median of $2,690. Property taxes in Roosevelt are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Roosevelt'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 Roosevelt 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
Roosevelt, Utah Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,100
Ownwell’s Roosevelt Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roosevelt with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roosevelt 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 Roosevelt, Utah
Property taxes in Roosevelt, Utah, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roosevelt is 0.98%, slightly lower than the U.S. national median of 0.99%. Local government entities within Roosevelt set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roosevelt 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 Roosevelt's effective property tax rate to other areas in Uintah County and the national median. For comparison, the highest median property tax rate in the county is the same as Roosevelt's at 0.98%, while the lowest median tax rate is also 0.98%. Understanding how these cities compare with Roosevelt 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 Roosevelt Tax Rate
0.98%
Average Uintah County Tax Rate
1.10%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roosevelt, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84066 | 0.86% | 0.92% | 0.98% | 1.11% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Roosevelt, Utah
In Roosevelt, 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 Roosevelt, 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. For instance, the median home price in Roosevelt is $85,915, with tax bills ranging from $561 at the 25th percentile to $1,717 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 84066, with a median tax bill of $881. 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 in Roosevelt helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Roosevelt Assessed Value
$85,915
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 Roosevelt, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84066 | $19,750 | $57,376 | $85,915 | $110,272 | $154,993 |
Source: Ownwell
Property Tax Bills Across Roosevelt, Utah
In Roosevelt, Uintah County, UT, 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 tax bill. The median home price in Roosevelt is $85,915, with property tax bills ranging from $561 at the 25th percentile to $1,717 at the 90th percentile. Several factors influence the tax bill, including property size, location, and any applicable exemptions. Homeowners in Roosevelt face a median property tax bill of $881, which is below the national median property tax rate of 0.99%. This relatively lower tax burden can significantly affect homeowners by making homeownership more affordable compared to other regions. However, it's important to note that even within Roosevelt, tax bills can vary widely, reflecting differences in property values and specific circumstances of individual properties.
Average Roosevelt Tax Bill
$881
Average Uintah County Tax Bill
$1,143
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Roosevelt, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84066 | $163 | $561 | $881 | $1,244 | $1,717 |
Source: Ownwell