Modena, Iron County, Utah Property Taxes

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

Median Modena, Utah effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but higher than the Utah state median of 0.55%.
Median Modena, Utah home value: $30,416
Median annual Modena, Utah tax bill: $161, $2,239 lower than the national median property tax bill of $2,400.

How are property taxes in Iron County calculated?

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

Last Updated March 1, 2025

Modena, Iron County, Utah Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$228

$212

Ownwell’s Modena Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Modena with just two data points. By entering your property's estimated assessed value, our calculator applies Modena’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 Iron County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Modena, Iron County, Utah

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county estimates its required budget annually to provide essential services. This budget is then divided by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although setting tax rates and budgets involves votes and laws, this is the core process followed each year.

In Modena, located in Iron County, the effective property tax rate is 0.75%. This is notably lower than the national median property tax rate of 1.02%. When compared to other cities in Utah, Modena's rate remains consistent with the state's approach to property taxation. The national median property tax bill is $2,400, which also provides a benchmark for understanding how Modena's property taxes align on a broader scale. Understanding these rates can help property owners in Modena make informed decisions regarding their property taxes and potential appeals.

Property Tax Rates Across Modena, Iron County, Utah

Source: Ownwell

0.36%

0.61%

0.85%

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 Modena Tax Rate

0.75%

Median Effective Iron County Tax Rate

0.74%

Median Effective Utah Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Modena, Iron County, Utah

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
84753	0.41%	0.41%	0.75%	0.75%	0.75%

Source: Ownwell

Property Tax Assessment Values Across Modena, Iron County, Utah

When examining property taxes in Modena, 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 Iron County Assessor 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 Iron County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Modena. For example, the median home price in Modena is $30,416, with tax bills ranging significantly across the county. ZIP code 84753 has the highest median home price at $30,416.

Property Tax Assessment Values Across Modena, Iron County, Utah

Source: Ownwell

$6,330

$204,625

$402,920

Median Modena Market Value

$30,416

Median Iron County Market Value

$172,843

Median Utah Market Value

$459,466

Median United States Market Value

$235,294

Property Tax Assessment Values Across Modena, Iron County, Utah

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
84753	$3,750	$5,928	$30,416	$74,503	$116,030

Source: Ownwell

Property Tax Bills Across Modena, Iron County, Utah

In Modena, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $30,416, the property tax burden is relatively low compared to the national median property tax bill of $2,400. In Iron County, the tax bill can range significantly, from the 25th percentile at $44 to the 90th percentile at $443, with the median tax bill being $161. This variability is influenced by factors such as property location, size, and any applicable exemptions or deductions. Homeowners in Modena benefit from lower property tax rates, but understanding how assessments are calculated can still be complex.

Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax obligations. Through personalized consultations and strategic appeals, Ownwell ensures that homeowners in Modena pay only their fair share, making property ownership more affordable and financially manageable.

Property Tax Bills Across Modena, Iron County, Utah

Source: Ownwell

$47

$1,087

$2,127

Median Modena Tax Bill

$161

Median Iron County Tax Bill

$972

Median Utah Tax Bill

$2,534

Median United States Tax Bill

$2,400

Property Tax Bills Across Modena, Iron County, Utah

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
84753	$28	$44	$161	$395	$479

Source: Ownwell