Francis, Summit County, Utah Property Taxes
Median Francis, Utah effective property tax rate: 0.34%, significantly lower than the national median of 1.02%, but lower than the Utah state median of 0.55%.
Median Francis, Utah home value: $571,220
Median annual Francis, Utah tax bill: $2,200, $200 lower than the national median property tax bill of $2,400.
How are property taxes in Summit calculated?
Property taxes in Francis, 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 Francis’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Francis, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Francis, Summit County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.34%
Estimate Property Tax Bill
$1,942
$1,802
Property Tax Rates Across Francis, Summit County, Utah
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing 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 Francis’s effective property tax rate to other cities in Utah and the median property tax rates in Utah and the U.S. Francis, located in Summit County, benefits from a notably low median property tax rate of 0.34%, which is significantly below the national median of 1.02%. This lower rate can make Francis an attractive option for property owners who are looking to reduce their tax burden while still enjoying the amenities and services provided by the local government. Understanding these rates can be crucial for homeowners seeking to optimize their property investments and manage expenses effectively.
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 Francis Tax Rate
0.34%
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 Summit County Tax Rate
0.52%
Median Effective Utah Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Francis, Summit County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84036 | 0.34% | 0.34% | 0.34% | 0.62% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Francis, Summit County, Utah
When examining property taxes in Francis, 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 Summit 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 Summit 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 Francis. For example, the median home price in Francis is $571,220, with tax bills ranging significantly across the county. Zip code 84036 has the highest median home price at $571,220.
Property Tax Assessment Values Across Francis, Summit County, Utah
Source: Ownwell
$571,220
$1,195,296
$1,819,372
Median Francis Market Value
$571,220
Median Summit County Market Value
$1,192,250
Median Utah Market Value
$457,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Francis, Summit County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84036 | $512,946 | $546,365 | $571,220 | $588,012 | $780,430 |
Source: Ownwell
Property Tax Bills Across Francis, Summit County, Utah
Median Francis Tax Bill
$2,200
Median Summit County Tax Bill
$4,794
Median Utah Tax Bill
$2,492
Median United States Tax Bill
$2,400
Property Tax Bills Across Francis, Summit County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84036 | $1,837 | $1,926 | $2,200 | $3,516 | $3,597 |
Source: Ownwell