Wayne County, Utah Property Taxes

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

Median Wayne County effective property tax rate: 0.62%, significantly lower than the national median of 1.02%. Median Wayne County home value: $214,854 Median annual Wayne County tax bill: $1,921, $479 lower than the national median property tax bill of $2,400. How are property taxes in Wayne County calculated? Property taxes in Wayne County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Loa or another part of Wayne County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Wayne County, Utah Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.62%

Estimate Property Tax Bill

$1,332

$1,236

Ownwell’s Wasatch County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wasatch County with just two data points. By entering your property's estimated assessed value, our calculator applies Wasatch County’s median effective tax rate of 0.55% 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 more 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 Wasatch County. With a median property tax bill of $2,599, slightly above the national median of $2,400, it's crucial to explore every avenue for savings. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Wayne 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, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. Wayne County in Utah has an effective property tax rate of 0.62%, which is significantly lower than the national median property tax rate of 1.02%. This means property owners in Wayne County generally pay less in property taxes compared to many other counties across the United States. By comparing Wayne County's rate to the national median, property owners can better understand the relative affordability of property taxes in this region. This insight can be valuable for prospective homeowners or investors considering property in Wayne County, offering a more favorable tax environment compared to the national average.

Property Tax Rates Across Wayne County, Utah

Source: Ownwell

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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 Wayne County Tax Rate

0.62%

Median Effective Utah Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wayne County, Utah

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Loa	N/A	N/A	N/A	N/A	N/A
Lyman	N/A	N/A	N/A	N/A	N/A
Teasdale	N/A	N/A	N/A	N/A	N/A
Torrey	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Wayne County, Utah

When examining property taxes in Wayne County, 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 Wayne 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 Wayne 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 Wayne County.

For example, the median tax bill in Wayne County is $2,400, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Wayne County, Utah

Source: Ownwell

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Median Wayne County Market Value

$214,854

Median Utah Market Value

$457,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wayne County, Utah

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Loa	N/A	N/A	N/A	N/A	N/A
Lyman	N/A	N/A	N/A	N/A	N/A
Teasdale	N/A	N/A	N/A	N/A	N/A
Torrey	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Wayne County, Utah

Wayne County, Utah, calculates property tax bills by applying the local tax rate to the assessed value of a home. The assessed value is typically a percentage of the home's market value, which in Wayne County is influenced by factors such as location, size, and property condition. With a median home price of $214,854, the property tax bill varies significantly across different percentiles. For example, a homeowner at the 25th percentile might pay around $1,425, while those at the 75th percentile could see bills as high as $3,415. For the top 10% of homeowners, tax bills can reach up to $3,793.

Although these figures are below the national median property tax bill of $2,400, they still represent a significant financial consideration for homeowners. Understanding these factors is crucial for homeowners as it directly impacts their annual expenses and budget planning. By staying informed about how these elements influence their tax bills, homeowners can better manage their financial obligations and make informed decisions about their property investments.

Property Tax Bills Across Wayne County, Utah

Source: Ownwell

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Median Wayne County Tax Bill

$1,921

Median Utah Tax Bill

$2,492

Median United States Tax Bill

$2,400

Property Tax Bills Across Wayne County, Utah

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Loa	N/A	N/A	N/A	N/A	N/A
Lyman	N/A	N/A	N/A	N/A	N/A
Teasdale	N/A	N/A	N/A	N/A	N/A
Torrey	N/A	N/A	N/A	N/A	N/A

Source: Ownwell