Portage, Box Elder County, Utah Property Taxes

Name: Property Tax Bills Across Portage, Box Elder County, Utah
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Portage, UT effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, but lower than the Utah state median of 0.55%.
Median Portage, UT home value: $314,920
Median annual Portage, UT tax bill: $1,616, $784 lower than the national median property tax bill of $2,400.

How are property taxes in Box Elder calculated?

Property taxes in Portage, 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 Portage’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Portage, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Portage, Box Elder County, Utah Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.53%

Estimate Property Tax Bill

$1,669

$1,549

Ownwell’s Portage Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Portage with just two data points. By entering your property's estimated assessed value, our calculator applies Portage’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Box Elder County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Portage, Box Elder County, Utah

Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates the budget needed to provide essential services. This budget is divided by the total value of all taxable property within the county, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is essentially the annual process.

In Portage, located in Box Elder County, Utah, the effective property tax rate is reflective of the state's median rate. Utah's median property tax rate is notably lower than the national median of 1.02%, making it an attractive location for property owners. This lower rate can result in substantial savings compared to the national median property tax bill of $2,400. Comparing Portage’s effective property tax rate to other cities in Utah highlights its competitiveness within the state, offering potential financial advantages to property owners. Understanding these nuances in property tax rates can be crucial for homeowners looking to optimize their property-related expenses.

Property Tax Rates Across Portage, Box Elder County, Utah

Source: Ownwell

0.40%

0.52%

0.64%

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 Portage Tax Rate

0.53%

Median Effective Box Elder County Tax Rate

0.49%

Median Effective Utah Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Portage, Box Elder County, Utah

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
84331	0.47%	0.50%	0.53%	0.55%	0.58%

Source: Ownwell

Property Tax Assessment Values Across Portage, Box Elder County, Utah

When examining property taxes in Portage, 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 Box Elder County Assessor's Office 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 Box Elder County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Portage.

For example, the median home price in Portage is $314,920, with tax bills ranging significantly across the county. Zip code 84331 has the highest median home price at $314,920.

Property Tax Assessment Values Across Portage, Box Elder County, Utah

Source: Ownwell

$150,952

$421,652

$692,351

Median Portage Market Value

$314,920

Median Box Elder County Market Value

$420,318

Median Utah Market Value

$457,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Portage, Box Elder County, Utah

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
84331	$189,634	$252,765	$314,920	$397,349	$570,181

Source: Ownwell

Property Tax Bills Across Portage, Box Elder County, Utah

In Portage, Box Elder County, UT, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Factors such as the property's size, location, and improvements can influence its assessed value. Homeowners in Portage face a median property tax bill of $1,616, which is significantly lower than the national median of $2,400. However, tax bills can vary, with some paying as low as $1,223 and others up to $2,988, depending on the property's value and applicable exemptions. Ownwell assists homeowners by identifying potential errors in assessments and ensuring they receive all eligible exemptions. By appealing inaccurate assessments, Ownwell can help homeowners reduce their property tax bills, providing significant savings and easing the financial burden on property owners.

Property Tax Bills Across Portage, Box Elder County, Utah

Source: Ownwell

$890

$2,037

$3,184

Median Portage Tax Bill

$1,616

Median Box Elder County Tax Bill

$1,988

Median Utah Tax Bill

$2,492

Median United States Tax Bill

$2,400

Property Tax Bills Across Portage, Box Elder County, Utah

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
84331	$757	$1,223	$1,616	$2,330	$2,988

Source: Ownwell