Apple Valley, Utah Property Taxes
The median property tax rate in Apple Valley, UT is 0.43%, considerably lower than both the national median of 0.99% and the Utah state median of 0.55%. With the median home value in Apple Valley at $421,900, the typical annual property tax bill reaches $1,681, well below the national median of $2,690. Property taxes in Apple Valley are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Apple Valley'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 Apple Valley 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
Apple Valley, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.43%
Estimate Property Tax Bill
$1,814
Ownwell’s Apple Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Apple Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Apple Valley 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 Apple Valley, Utah
Property taxes in Apple Valley, Utah, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Apple Valley is 0.43%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Apple Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Apple Valley 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 Apple Valley's effective property tax rate to other areas in Utah and the national median. For comparison, the highest and lowest median property tax rates in Washington County are both 0.43%, found in the zip code 84737. Understanding how these cities compare with Apple Valley provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Apple Valley Tax Rate
0.43%
Average Washington County Tax Rate
0.40%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Apple Valley, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84737 | 0.35% | 0.38% | 0.43% | 0.53% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Apple Valley, Utah
In Apple Valley, 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 Washington 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 Apple Valley, 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. Being aware of these valuation processes in Apple Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $1,681, found in the 84737 zip code.
Average Apple Valley Assessed Value
$421,900
Average Washington County Assessed Value
$457,600
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Apple Valley, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84737 | $111,760 | $290,000 | $421,900 | $525,800 | $670,280 |
Source: Ownwell
Property Tax Bills Across Apple Valley, Utah
In Apple Valley, Washington County, UT, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value of the property. Once the assessed value is determined, the property tax rate, which is set by local taxing authorities, is applied to calculate the tax bill. Several factors influence the tax bill, including the market value of the home, any applicable exemptions, and the specific tax rate in the area. For instance, the median home price in Apple Valley is $421,900. Depending on the assessed value and applicable rates, homeowners might see a tax bill ranging from $830 at the 25th percentile to $3,149 at the 90th percentile. This variation can significantly impact homeowners, as higher property values and tax rates result in larger tax bills. Comparing this to the national median property tax rate of 0.99%, Apple Valley's tax bills can be seen as relatively moderate, reflecting the region's property values and tax policies.
Average Apple Valley Tax Bill
$1,681
Average Washington County Tax Bill
$1,953
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Apple Valley, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84737 | $585 | $830 | $1,681 | $2,342 | $3,149 |
Source: Ownwell