Springville, Utah County, Utah Property Taxes
Median Springville, UT effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the Utah state median of 0.55%.
Median Springville, UT home value: $434,200
Median annual Springville, UT tax bill: $2,342, $58 lower than the national median property tax bill of $2,400.
How are property taxes in Utah County calculated?
Property taxes in Springville, 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 Springville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Springville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Springville, Utah County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.54%
Estimate Property Tax Bill
$2,345
$2,176
Property Tax Rates Across Springville, Utah County, Utah
Local government entities set property tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Springville’s effective property tax rate to other cities in Utah and the median property tax rates in Utah and the U.S. Springville, located in Utah County, has a median property tax rate of 0.54%, which is notably lower than the national median of 1.02%. This makes Springville an attractive option for homeowners looking to save on property taxes. By comparison, Utah's statewide median property tax rate is also 0.54%, aligning with Springville's rate. This consistency across the state suggests a favorable tax environment for property owners. Understanding these rates can help homeowners make informed decisions about property investments and financial planning.
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 Springville Tax Rate
0.54%
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 Springville, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84663 | 0.54% | 0.54% | 0.54% | 0.55% | 0.55% |
| 84664 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Springville, Utah County, Utah
When examining property taxes in Springville, 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 appraisal district 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 Springville. For example, the median home price in Springville is $434,200, with tax bills ranging significantly across the county. The zip code 84663 has the highest median home price at $434,200.
Property Tax Assessment Values Across Springville, Utah County, Utah
Source: Ownwell
$341,550
$787,375
$1,233,200
Median Springville Market Value
$434,200
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 Springville, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84663 | $302,500 | $360,150 | $434,200 | $515,700 | $640,300 |
| 84664 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Springville, Utah County, Utah
In Springville, Utah, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $434,200, homeowners in Springville can expect their property tax bill to vary significantly, ranging from the 25th percentile at $1,927 to the 90th percentile at $3,474. The tax rate in Utah County is generally lower than the national median property tax rate of 1.02%, making it relatively affordable compared to other regions. However, the financial impact on homeowners can still be significant, especially when property values increase.
Ownwell offers a solution by assisting homeowners in appealing their property tax assessments and securing potential exemptions. By leveraging expert knowledge and experience, Ownwell can help ensure that homeowners are not overpaying on their property taxes. This service can lead to substantial savings, providing financial relief and peace of mind. With the highest and lowest median tax bills in Springville both at $2,342, it's essential for homeowners to explore opportunities for reducing their tax burden.
Median Springville Tax Bill
$2,342
Median Utah County Tax Bill
$2,288
Median Utah Tax Bill
$2,492
Median United States Tax Bill
$2,400
Property Tax Bills Across Springville, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84663 | $1,601 | $1,926 | $2,342 | $2,804 | $3,472 |
| 84664 | N/A | N/A | N/A | N/A | N/A |
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 |