Ibapah, Tooele County, Utah Property Taxes
Median Ibapah, UT effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, but lower than the Utah state median of 0.55%.
Median Ibapah, UT home value: $164,618
Median annual Ibapah, UT tax bill: $625, $1,775 lower than the national median property tax bill of $2,400.
How are property taxes in Tooele calculated?
Property taxes in Ibapah, 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 Ibapah’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ibapah, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ibapah, Tooele County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.45%
Estimate Property Tax Bill
$741
$687
Property Tax Rates Across Ibapah, Tooele County, Utah
Local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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.
In Ibapah, located in Tooele County, Utah, the effective property tax rate reflects this process. With a median property tax rate of 0.45%, Ibapah stands out compared to the national median property tax rate of 1.02%. This lower rate can be particularly appealing to property owners looking to manage their expenses effectively.
Comparing Ibapah’s effective property tax rate to other cities in Utah and the median property tax rates in Utah and the U.S. highlights the potential savings for residents. As property taxes are a significant part of homeownership costs, understanding these rates can help homeowners make informed decisions. Whether considering an appeal or simply evaluating your property tax bill, knowing where Ibapah stands can provide valuable insights.
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 Ibapah Tax Rate
0.45%
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 Tooele County Tax Rate
0.59%
Median Effective Utah Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ibapah, Tooele County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84034 | 0.20% | 0.31% | 0.45% | 0.50% | 0.53% |
Source: Ownwell
Property Tax Assessment Values Across Ibapah, Tooele County, Utah
When examining property taxes in Ibapah, 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 Tooele 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 Tooele 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 Ibapah. For example, the median home price in Ibapah is $164,618, with tax bills ranging significantly across the county. Zip code 84034 has the highest median home price at $164,618.
Property Tax Assessment Values Across Ibapah, Tooele County, Utah
Source: Ownwell
$156,552
$361,531
$566,509
Median Ibapah Market Value
$164,618
Median Tooele County Market Value
$428,538
Median Utah Market Value
$457,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ibapah, Tooele County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84034 | $49,673 | $92,703 | $164,618 | $350,654 | $418,302 |
Source: Ownwell
Property Tax Bills Across Ibapah, Tooele County, Utah
Property tax bills in Ibapah, Tooele County, UT, are calculated based on the assessed value of a property, which is a percentage of its market value. The tax rate, known as the mill rate, is applied to this assessed value to determine the tax bill. In Tooele County, the median property tax bill is $625, significantly lower than the national median of $2,400. Homeowners in Ibapah can expect their tax bills to vary, with the 25th percentile at $260 and the 75th percentile at $1,831. Factors such as property improvements and changes in market value can influence the assessed value, affecting the tax bill.
Homeowners in Ibapah can benefit from Ownwell's expertise in property tax appeals and exemptions. Ownwell assists homeowners in identifying potential savings by reviewing their property assessments for inaccuracies and advocating for fair valuations. This service can help reduce property tax bills, ensuring homeowners pay no more than their fair share. By leveraging Ownwell's services, Ibapah homeowners can potentially save significantly on their property taxes.
Median Ibapah Tax Bill
$625
Median Tooele County Tax Bill
$2,475
Median Utah Tax Bill
$2,492
Median United States Tax Bill
$2,400
Property Tax Bills Across Ibapah, Tooele County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84034 | $170 | $260 | $625 | $1,831 | $1,955 |
Source: Ownwell