Koosharem, Sevier County, Utah Property Taxes
Median Koosharem, UT effective property tax rate: 0.47%, significantly lower than the national median of 1.02%, but lower than the Utah state median of 0.55%.
Median Koosharem, UT home value: $221,846
Median annual Koosharem, UT tax bill: $1,312, $1,088 lower than the national median property tax bill of $2,400.
How are property taxes in Sevier County calculated?
Property taxes in Koosharem, 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 Koosharem’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Koosharem, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Koosharem, Sevier County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.47%
Estimate Property Tax Bill
$1,043
$968
Property Tax Rates Across Koosharem, Sevier County, Utah
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Koosharem’s effective property tax rate to other cities in Utah and the median property tax rates in Utah and the U.S.
Koosharem, located in Sevier County, stands out due to its effective property tax rate. With a median tax rate of 0.47%, it is significantly lower than the national median of 1.02%. This makes Koosharem an attractive option for property owners looking to minimize their tax burden. The uniformity of this rate across the area, as indicated by the consistent rate in the 84744 zip code, underscores the stability in property taxation here. By offering such a competitive rate, Koosharem not only provides potential savings but also enhances its appeal to prospective homeowners and investors alike.
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 Koosharem Tax Rate
0.47%
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 Sevier County Tax Rate
0.55%
Median Effective Utah Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Koosharem, Sevier County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84744 | 0.47% | 0.47% | 0.47% | 0.85% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Koosharem, Sevier County, Utah
When examining property taxes in Koosharem, 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 Sevier 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 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 Sevier 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 Koosharem. For example, the median home price in Koosharem is $221,846, with tax bills ranging significantly across the county. Zip code 84744 has the highest median home price at $221,846.
Property Tax Assessment Values Across Koosharem, Sevier County, Utah
Source: Ownwell
$220,752
$323,891
$427,030
Median Koosharem Market Value
$221,846
Median Sevier County Market Value
$296,622
Median Utah Market Value
$457,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Koosharem, Sevier County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84744 | $119,491 | $161,661 | $221,846 | $303,032 | $391,414 |
Source: Ownwell
Property Tax Bills Across Koosharem, Sevier County, Utah
Median Koosharem Tax Bill
$1,312
Median Sevier County Tax Bill
$1,616
Median Utah Tax Bill
$2,492
Median United States Tax Bill
$2,400
Property Tax Bills Across Koosharem, Sevier County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84744 | $603 | $898 | $1,312 | $1,675 | $2,450 |
Source: Ownwell