Spanish Fork, Utah County, Utah Property Taxes
Median Spanish Fork, UT effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, but lower than the Utah state median of 0.55%.
Median Spanish Fork, UT home value: $449,400
Median annual Spanish Fork, UT tax bill: $2,378, $22 lower than the national median property tax bill of $2,400.
How are property taxes in Utah County calculated?
Property taxes in Spanish Fork, 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 Spanish Fork’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Spanish Fork, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Spanish Fork, Utah County, Utah Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.53%
Estimate Property Tax Bill
$2,382
$2,210
Property Tax Rates Across Spanish Fork, Utah County, Utah
Local government entities in Utah set property tax rates, and these can vary significantly across different areas. Each year, counties like Utah County estimate their necessary budget to fund public services. They then divide this budget by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although the process involves votes and legal frameworks, this annual calculation is at its core.
In Spanish Fork, located in Utah County, the effective property tax rate is a reflection of this process. Compared to other cities in Utah, Spanish Fork's tax rate is quite competitive. When looking at the broader picture, the median property tax rate in Utah is considerably lower than the national median, making it an attractive option for property owners. This lower tax rate can result in significant savings compared to the national average.
Understanding these local tax dynamics can be crucial for property owners and prospective buyers in Spanish Fork, as it directly impacts the annual tax bill and overall cost of property ownership.
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 Spanish Fork Tax Rate
0.53%
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 Spanish Fork, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84660 | 0.53% | 0.53% | 0.53% | 0.53% | 0.53% |
Source: Ownwell
Property Tax Assessment Values Across Spanish Fork, Utah County, Utah
When examining property taxes in Spanish Fork, 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 Appraisal District 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 Spanish Fork. For example, the median home price in Spanish Fork is $449,400, with tax bills ranging significantly across the county. Zip code 84660 has the highest median home price at $449,400.
Property Tax Assessment Values Across Spanish Fork, Utah County, Utah
Source: Ownwell
$341,550
$787,375
$1,233,200
Median Spanish Fork Market Value
$449,400
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 Spanish Fork, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84660 | $326,700 | $376,500 | $449,400 | $567,800 | $713,020 |
Source: Ownwell
Property Tax Bills Across Spanish Fork, Utah County, Utah
Median Spanish Fork Tax Bill
$2,378
Median Utah County Tax Bill
$2,288
Median Utah Tax Bill
$2,492
Median United States Tax Bill
$2,400
Property Tax Bills Across Spanish Fork, Utah County, Utah
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 84660 | $1,725 | $1,994 | $2,378 | $2,985 | $3,631 |
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 |