Property Taxes in Utah
Utah's effective property tax rate is 0.47%, ranking #5 out of 50 states (1 = lowest). The median annual property tax paid is $2,232.
Utah's property tax rates are below the national average, with a primary residential exemption that reduces the assessed value of owner-occupied homes by 45%. This means primary residents pay taxes on only 55% of their home's fair market value, while investment and commercial properties pay on 100%. Rates are set by counties, school districts, and special service districts, creating variation even within the same metro area. The 45% reduction makes Utah's effective tax rate for homeowners significantly lower than the stated rate.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Tax Foundation, U.S. Census
Tax Rate
0.47%
Median Annual Tax
$2,232
National Rank
#5 of 50
1 = lowest
Homestead Exemption
Yes
Annual Property Tax by Home Price
| Home Price | Annual Tax | Monthly |
|---|---|---|
| $200,000 | $940 | $78 |
| $300,000 | $1,410 | $118 |
| $400,000 | $1,880 | $157 |
| $500,000 | $2,350 | $196 |
| $750,000 | $3,525 | $294 |
* Based on the average effective rate of 0.47%. Actual rates vary by county and municipality.
Homestead Exemption in Utah
Up to $47,840 + $20,000 per dependent
File for the homestead exemption after purchasing your primary residence in Utah to reduce your assessed property value, lowering your annual tax bill. Contact your county assessor's office for the application.
