Hooper, Utah Property Taxes
The median property tax rate in Hooper, UT is 0.57%, slightly higher than the Utah state median of 0.55% but still below the national median of 0.99%. With a median home value of $570,000 in Hooper, the typical annual property tax bill reaches $3,250, surpassing the national median of $2,690. Property taxes in Hooper are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Hooper'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 Hooper 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
Hooper, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.57%
Estimate Property Tax Bill
$3,249
Ownwell’s Hooper Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hooper with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hooper 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 Hooper, Utah
Property taxes in Hooper, Utah, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hooper is 0.57%, which is lower than the U.S. national median of 0.99%. Local government entities within Hooper set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hooper 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 Hooper's effective property tax rate to other counties in Utah and the national median. For comparison, the 84315 zip code has both the highest and lowest median property tax rate of 0.57%. Understanding how these cities compare with Hooper provides valuable insights into the varying tax landscape across Weber County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hooper Tax Rate
0.57%
Average Weber County Tax Rate
0.64%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hooper, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84315 | 0.54% | 0.56% | 0.57% | 0.58% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Hooper, Utah
In Hooper, 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 Weber 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 Hooper, 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 Hooper helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill in the area is 84315, both at $3,250.
Average Hooper Assessed Value
$570,000
Average Weber County Assessed Value
$413,000
Average Utah Assessed Value
$457,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hooper, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84315 | $404,001 | $490,252 | $570,000 | $663,000 | $760,000 |
Source: Ownwell
Property Tax Bills Across Hooper, Utah
Property tax bills in Hooper, located in Weber County, UT, are calculated based on the assessed value of the property, which is determined by the local tax assessor. The assessed value is a percentage of the market value, reflecting current real estate trends. Homeowners in Hooper can expect their tax bills to vary significantly, with the 25th percentile at $2,648 and the 75th percentile at $3,768. The highest median tax bill in the area reaches $4,234. These figures highlight the variability in tax obligations depending on property values and specific assessments. Compared to the national median property tax rate of 0.99%, Hooper's rates can be considered moderate, yet they still represent a significant financial consideration for homeowners. Factors influencing the tax bill include property size, location, and any applicable exemptions or deductions. Understanding these elements is crucial for homeowners to manage their expenses effectively and anticipate future tax obligations.
Average Hooper Tax Bill
$3,250
Average Weber County Tax Bill
$2,637
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Hooper, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84315 | $2,053 | $2,648 | $3,250 | $3,768 | $4,234 |
Source: Ownwell