Utah variant. This is a Utah-specific version of the Property Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Property Tax Calculator.
Utah's effective property tax rate of 0.55% means the owner of a median $510,000 home pays roughly $2,805 per year - a figure that varies widely by state.
How Utah property tax is calculated
Property tax = assessed value × local millage rate. The 0.55% effective rate shown here is the statewide average of tax paid relative to market value, which smooths over county-by-county differences.
On the $510,000 Utah median home, that works out to about $2,805/year or $234/month - often escrowed into your mortgage payment.
About taxes and housing in Utah
Utah imposes a flat individual income tax rate of roughly 4.55%.
Utah has a low effective property tax rate near 0.55%, but rapidly rising demand has pushed median home values above $500,000.
Utah's economy is among the fastest growing in the country, with strengths in technology, finance, and outdoor recreation.
Worked example: tax on a $510,000 home
$510,000 × 0.55% = $2,805 per year. A $500,000 home in Utah would owe about $2,750 annually at the same effective rate.
Quick reference
- State income tax: Flat 4.55% (down from 4.65%)
- State sales tax: 6.1% (plus 1.16% avg local)
- Median home value: $510,000
- Median household income: $87,649
- Effective property tax rate: 0.55%
- Avg auto insurance: $1,340/yr
Frequently Asked Questions
What is the property tax rate in Utah?
Utah's effective property tax rate averages 0.55% of market value per year.
How much property tax on a $510,000 home in Utah?
About $2,805 per year at the 0.55% effective rate.