Skull Valley, Tooele County, Utah Property Taxes

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

Median Skull Valley, Utah effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, but lower than the Utah state median of 0.55%. Median Skull Valley, Utah home value: $366,975. Median annual Skull Valley, Utah tax bill: $1,679, $721 lower than the national median property tax bill of $2,400.

How are property taxes in Tooele County calculated?

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

Last Updated March 1, 2025

Skull Valley, Tooele County, Utah Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.48%

Estimate Property Tax Bill

$1,761

$1,635

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

Property Tax Rates Across Skull Valley, Tooele County, Utah

As noted earlier, 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. Below, you can compare Skull Valley’s effective property tax rate to other cities in Utah and the median property tax rates in Utah and the U.S. Skull Valley, located in Tooele County, benefits from a relatively low property tax rate compared to the national median. With Utah's state median tax rate being significantly lower than the national median of 1.02%, homeowners in Skull Valley enjoy a more affordable property tax bill. This makes it an attractive location for property owners looking for financial relief. Understanding these rates can be crucial for potential buyers or current homeowners evaluating their property tax expenses. Whether you're considering a move to Skull Valley or simply want to understand your current tax obligations better, knowing how these rates compare can be a valuable tool in your financial planning.

Property Tax Rates Across Skull Valley, Tooele County, Utah

Source: Ownwell

0.45%

0.53%

0.61%

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 Skull Valley Tax Rate

0.48%

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 Skull Valley, Tooele County, Utah

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
84029	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Skull Valley, Tooele County, Utah

When examining property taxes in Skull Valley, 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 Skull Valley. For example, the median home price in Skull Valley is $366,975, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Skull Valley, Tooele County, Utah

Source: Ownwell

$156,552

$361,531

$566,509

Median Skull Valley Market Value

$366,975

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 Skull Valley, Tooele County, Utah

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
84029	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Skull Valley, Tooele County, Utah

In Skull Valley, located in Tooele County, UT, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is a percentage of the property's market value, which is influenced by factors such as location, property size, and improvements. With a median home price of $366,975, homeowners in Skull Valley face a range of property tax bills. The 25th percentile tax bill is $1,583, while the 75th percentile reaches $2,185, and the 90th percentile is $2,943. These figures highlight how property taxes can vary significantly based on property value and assessment accuracy. Compared to the national median property tax bill of $2,400, Skull Valley's tax bills can be relatively moderate or higher, depending on the specific property. Ownwell assists homeowners by providing expert property tax appeal and exemption services. By identifying potential inaccuracies in property assessments, Ownwell helps homeowners reduce their tax liabilities, ensuring they only pay their fair share and potentially saving them hundreds of dollars annually.

Property Tax Bills Across Skull Valley, Tooele County, Utah

Source: Ownwell

$625

$1,900

$3,174

Median Skull Valley Tax Bill

$1,679

Median Tooele County Tax Bill

$2,475

Median Utah Tax Bill

$2,492

Median United States Tax Bill

$2,400

Property Tax Bills Across Skull Valley, Tooele County, Utah

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
84029	N/A	N/A	N/A	N/A	N/A

Source: Ownwell