Marriott Slaterville, Utah Property Taxes
The median property tax rate in Marriott-Slaterville, UT is 0.74%, which is lower than the national median of 0.99% but higher than the Utah state median of 0.55%. With the median home value in Marriott-Slaterville at $1,101,232, the typical annual property tax bill reaches $5,975, significantly surpassing the national median of $2,690. Property taxes in Marriott-Slaterville are calculated based on the tax assessed value, which generally falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Marriott-Slaterville'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 Marriott-Slaterville 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
Marriott Slaterville, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$8,149
Ownwell’s Marriott Slaterville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Marriott Slaterville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marriott Slaterville 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 Marriott Slaterville, Utah
Property taxes in Marriott-Slaterville, Utah, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Marriott-Slaterville is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Marriott-Slaterville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marriott-Slaterville 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 Marriott-Slaterville's effective property tax rate to other counties in Utah and the national median. For comparison, the 84404 zip code has both the highest and lowest median property tax rate of 0.74%. Understanding how these areas compare with Marriott-Slaterville 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 Marriott Slaterville Tax Rate
0.74%
Average Weber County Tax Rate
0.64%
Average Utah Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marriott Slaterville, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84404 | 0.53% | 0.61% | 0.74% | 0.87% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Marriott Slaterville, Utah
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Marriott Slaterville, Utah. 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 Appraisal District 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. 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. In Marriott Slaterville, the highest median tax bill is $5,975 in the 84404 zip code, which is also the lowest median tax bill. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Marriott Slaterville, Utah
Source: Ownwell
$50,504
$2,561,252
$5,072,000
Average Marriott Slaterville Assessed Value
$1,101,232
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 Marriott Slaterville, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84404 | $441,846 | $689,116 | $1,101,232 | $1,513,349 | $1,760,618 |
Source: Ownwell
Property Tax Bills Across Marriott Slaterville, Utah
In Marriott Slaterville, Weber County, UT, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the market value, determined by the county assessor. Homeowners in this region see a range of property tax bills, which vary depending on the specific assessed value of their properties. For instance, the 25th percentile tax bill is around $4,372, while the 75th percentile reaches $7,578. At the high end, the 90th percentile tax bill can be as much as $8,540. These tax bills are influenced by several factors, including the home's market value, local tax rates, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, the tax rates in Marriott Slaterville can significantly impact homeowners' financial planning. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their budgets effectively.
Average Marriott Slaterville Tax Bill
$5,975
Average Weber County Tax Bill
$2,637
Average Utah Tax Bill
$2,492
Average United States Tax Bill
$2,690
Property Tax Bills Across Marriott Slaterville, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84404 | $3,411 | $4,372 | $5,975 | $7,578 | $8,540 |
Source: Ownwell