Nephi, Juab County, Utah Property Taxes
Median Nephi, UT effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but higher than the Utah state median of 0.55%.
Median Nephi, UT home value: $438,768
Median annual Nephi, UT tax bill: $2,577, $177 higher than the national median property tax bill of $2,400.
How are property taxes in Juab County calculated?
Property taxes in Nephi, 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 Nephi’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nephi, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nephi, Juab County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.59%
Estimate Property Tax Bill
$2,589
$2,402
Property Tax Rates Across Nephi, Juab County, Utah
Local government entities set tax rates, which can vary widely within a state. This variability is due to each county estimating its required budget to provide services, then dividing that by the total value of all taxable property within its jurisdiction to calculate the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the core of the annual process.
In Nephi, located in Juab County, Utah, the effective property tax rate stands at 0.59%. This is significantly lower than the national median property tax rate of 1.02%, showcasing a more favorable tax environment for property owners in Nephi. The median tax rate in Utah aligns with Nephi's rate, indicating a consistent tax approach across the state. Nephi's property tax rate is among the lowest in the nation, offering a financial advantage to residents compared to many other regions in the U.S. With property tax bills often being a significant expense for homeowners, Nephi's lower rate can contribute to more manageable living costs, making it an attractive option for prospective property buyers.
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 Nephi Tax Rate
0.59%
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 Juab County Tax Rate
0.59%
Median Effective Utah Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nephi, Juab County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84648 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Nephi, Juab County, Utah
When examining property taxes in Nephi, 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 Juab 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 Juab 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 Nephi. For example, the median home price in Nephi is $438,768, with tax bills ranging significantly across the county. Zip code 84648 has the highest median home price at $438,768.
Property Tax Assessment Values Across Nephi, Juab County, Utah
Source: Ownwell
$193,612
$376,797
$559,981
Median Nephi Market Value
$438,768
Median Juab County Market Value
$429,656
Median Utah Market Value
$457,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nephi, Juab County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84648 | $288,099 | $342,930 | $438,768 | $540,916 | $668,288 |
Source: Ownwell
Property Tax Bills Across Nephi, Juab County, Utah
In Nephi, located in Juab County, UT, property tax bills are primarily determined by the assessed value of a home, which is a percentage of its market value. Homeowners in this area experience a median property tax bill of $2,577, which is slightly above the national median of $2,400. Factors influencing these tax bills include the property's assessed value, local tax rates, and any applicable exemptions. The tax bill can significantly impact homeowners, affecting their overall housing costs and financial planning.
For those looking to reduce their property tax burden, Ownwell offers valuable assistance. By leveraging expertise in property tax appeals and exemptions, Ownwell helps homeowners identify potential savings and navigate the complex appeal process. This support can lead to reduced tax bills, ultimately providing financial relief. With property taxes being a significant expense, partnering with Ownwell can make a meaningful difference in managing costs for homeowners in Nephi.
Median Nephi Tax Bill
$2,577
Median Juab County Tax Bill
$2,512
Median Utah Tax Bill
$2,492
Median United States Tax Bill
$2,400
Property Tax Bills Across Nephi, Juab County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84648 | $1,704 | $2,022 | $2,577 | $3,180 | $3,920 |
Source: Ownwell