Cedar Valley, Utah County, Utah Property Taxes
Median Cedar Valley, UT effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Utah state median of 0.55%. Median Cedar Valley, UT home value: $444,700. Median annual Cedar Valley, UT tax bill: $1,728, $672 lower than the national median property tax bill of $2,400.
How are property taxes in Utah County calculated?
Property taxes in Cedar Valley, 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 Cedar Valley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cedar Valley, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cedar Valley, Utah County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.4%
Estimate Property Tax Bill
$1,779
$1,651
Property Tax Rates Across Cedar Valley, Utah County, Utah
Local government entities determine tax rates, which can differ significantly within a state due to varying budgetary needs. Each year, counties estimate the required budget to maintain services, dividing this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Though votes and legislation play a role in establishing these rates and budgets, this is essentially the annual procedure.
Cedar Valley in Utah County, UT, exemplifies how property tax rates can vary. Cedar Valley’s effective property tax rate stands at 0.40%, considerably lower than both the Utah state median and the national median of 1.02%. This rate reflects the local government's budgetary decisions and the total taxable property value in the area. When compared to the national median property tax bill of $2,400, Cedar Valley offers a more affordable option for property owners. Understanding these differences can help property owners make informed decisions about where to purchase property and how to manage their tax liabilities 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 Cedar Valley Tax Rate
0.40%
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 Utah County Tax Rate
0.47%
Median Effective Utah Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cedar Valley, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84013 | 0.29% | 0.40% | 0.40% | 0.41% | 0.44% |
Source: Ownwell
Property Tax Assessment Values Across Cedar Valley, Utah County, Utah
When examining property taxes in Cedar 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 Utah 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 Utah 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 Cedar Valley. For example, the median home price in Cedar Valley is $444,700, with tax bills ranging significantly across the county. Zip code 84013 has the highest median home price at $444,700.
Property Tax Assessment Values Across Cedar Valley, Utah County, Utah
Source: Ownwell
$341,550
$787,375
$1,233,200
Median Cedar Valley Market Value
$444,700
Median Utah County Market Value
$478,000
Median Utah Market Value
$457,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cedar Valley, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84013 | $281,800 | $361,125 | $444,700 | $621,100 | $787,000 |
Source: Ownwell
Property Tax Bills Across Cedar Valley, Utah County, Utah
Median Cedar Valley Tax Bill
$1,728
Median Utah County Tax Bill
$2,288
Median Utah Tax Bill
$2,492
Median United States Tax Bill
$2,400
Property Tax Bills Across Cedar Valley, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84013 | $1,112 | $1,418 | $1,728 | $2,388 | $3,105 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 15 |
| Tax Bill | |
| Issued | October 1 |
Links | |
|---|---|
| Utah Tax Assessor | |
| Phone | (801) 851-8109 |
| Website | www.utahcounty.gov |
