Orem, Utah County, Utah Property Taxes
Median Orem, UT effective property tax rate: 0.42%, significantly lower than the national median of 1.02%, but lower than the Utah state median of 0.55%.
Median Orem, UT home value: $444,000
Median annual Orem, UT tax bill: $1,854, $546 lower than the national median property tax bill of $2,400.
How are property taxes in Utah County calculated?
Property taxes in Orem, UT 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 Orem’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Orem, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Orem, Utah County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.42%
Estimate Property Tax Bill
$1,865
$1,730
Property Tax Rates Across Orem, Utah County, Utah
Local government entities set tax rates, leading to significant variations within a state. The process involves each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws influence the setting of tax rates and budgets, this annual process is a simplified explanation.
Orem, located in Utah County, Utah, demonstrates a unique property tax landscape. The effective property tax rate in Orem is notably lower than the national median property tax rate of 1.02%. This difference highlights the affordability of property taxes in the region compared to other areas across the United States. Additionally, the median property tax rate in Utah is significantly lower than the national median, making it an attractive option for property owners seeking lower tax burdens. By comparing Orem's effective property tax rate to other cities in Utah and the national median, property owners can appreciate the relative affordability and financial benefits of owning property in this area.
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 Orem Tax Rate
0.42%
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 Utah County Tax Rate
0.47%
Median Effective Utah Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Orem, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84057 | 0.42% | 0.42% | 0.42% | 0.42% | 0.42% |
| 84058 | 0.42% | 0.42% | 0.42% | 0.42% | 0.42% |
| 84059 | 0.42% | 0.42% | 0.42% | 0.42% | 0.42% |
| 84097 | 0.42% | 0.42% | 0.42% | 0.42% | 0.42% |
Source: Ownwell
Property Tax Assessment Values Across Orem, Utah County, Utah
When examining property taxes in Orem, 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 Utah 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 Utah 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 Orem. For example, the median home price in Orem is $444,000, with tax bills ranging significantly across the county. The 84097 zip code has the highest median home price at $508,650.
Property Tax Assessment Values Across Orem, Utah County, Utah
Source: Ownwell
$341,550
$787,375
$1,233,200
Median Orem Market Value
$444,000
Median Utah County Market Value
$478,000
Median Utah Market Value
$457,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Orem, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84057 | $278,800 | $345,900 | $421,800 | $479,600 | $556,060 |
| 84058 | $255,300 | $343,200 | $434,900 | $522,300 | $664,040 |
| 84059 | $380,400 | $392,200 | $424,300 | $529,800 | $707,500 |
| 84097 | $390,600 | $440,025 | $508,650 | $641,600 | $852,400 |
Source: Ownwell
Property Tax Bills Across Orem, Utah County, Utah
Median Orem Tax Bill
$1,854
Median Utah County Tax Bill
$2,288
Median Utah Tax Bill
$2,492
Median United States Tax Bill
$2,400
Property Tax Bills Across Orem, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84057 | $1,145 | $1,435 | $1,765 | $2,013 | $2,344 |
| 84058 | $1,009 | $1,428 | $1,819 | $2,191 | $2,784 |
| 84059 | $1,589 | $1,635 | $1,774 | $2,236 | $3,029 |
| 84097 | $1,579 | $1,824 | $2,117 | $2,683 | $3,569 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 15 |
| Tax Bill | |
| Issued | October 1 |
Links | |
|---|---|
| Utah Tax Assessor | |
| Phone | (801) 851-8109 |
| Website | www.utahcounty.gov |