Utah Property Tax Calculator
Calculate property taxes in Utah. UT effective property tax rate is 0.58% with a median home value of $500,000. Includes UT assessment ratios and exemptions.
Utah at a Glance
$500,000
Median Home Price
0.58%
Property Tax Rate
$1,200
Avg Home Insurance
$472,030
FHA Loan Limit
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Reviewed & Methodology
Every calculator is built using industry-standard formulas, validated against authoritative sources, and reviewed by a credentialed financial professional. State-specific data is sourced from official government publications.
Property Tax Calculator in Utah
The median home price in Utah is $500,000, which is 19% above the national average of $420,000. Utah's effective property tax rate of 0.58% is 0.52 percentage points lower than the national average of 1.1%.
| Metric | Utah (UT) | National Avg | vs National Average |
|---|---|---|---|
| Median Home Price | $500,000 | $420,000 | +19% |
| Property Tax Rate | 0.58% | 1.1% | -0.52% |
| Home Insurance (Annual) | $1,200 | $2,300 | -48% |
| State Sales Tax | 6.1% | 5% | +1.1% |
| FHA Loan Limit | $472,030 | $472,030 | Standard |
| Conforming Loan Limit | $766,550 | $766,550 | Standard |
Homeownership in Utah
Utah has one of the fastest-growing populations and most dynamic economies in the country, anchored by the 'Silicon Slopes' tech corridor from Salt Lake City to Provo. Home prices have surged dramatically from pre-2020 levels, with the statewide median now around $500,000. Salt Lake County and Utah County are among the most competitive markets, with new construction largely outpacing existing inventory. Utah's property tax at 0.58% is low, and the state assesses at 55% of market value.
Tips for Utah Homebuyers and Homeowners
- Utah assesses residential property at 55% of market value -- on a $500,000 home, the assessed value is $275,000, and the 0.58% effective rate applies to that figure.
- Utah has the highest birth rate of any U.S. state and a very young population -- this means sustained entry-level buyer demand and upward pressure on starter home prices that may persist longer than in other states.
- The Silicon Slopes tech boom has created very high incomes among early tech employees -- this bid-up effect on real estate means buyers competing in the Salt Lake / Provo corridor need to be prepared for above-list offers.
- Utah has a flat 4.55% income tax rate, and the state does not have an estate tax -- a relatively clean and predictable tax environment for long-term financial planning.
Utah Programs and Assistance
- Utah Housing Corporation (UHC) FirstHome Loan -- competitive fixed-rate mortgages for first-time buyers with income limits and purchase price caps by county.
- UHC HomeAgain Loan -- extends below-market financing to repeat buyers, not just first-time, with broader eligibility criteria.
- UHC Score Loan -- specifically designed for buyers with limited credit history or non-traditional credit profiles, providing an on-ramp to homeownership for younger buyers.
Did you know? Utah has the youngest median age of any U.S. state (around 31 years old) and the highest birth rate -- creating a structurally large cohort of new household formations that puts persistent upward pressure on housing demand, particularly in the Wasatch Front corridor.