84050 Property Tax Rate

Property owners in ZIP code 84050 (Morgan, Utah) pay a median of $3,248/year in property taxes on homes valued at $609,500. This translates to an effective tax rate of 0.53%, which is 7% above the Utah state average of 0.50%.

The monthly property tax burden for a median-valued home in 84050 is approximately $271, which factors into escrow payments on mortgages. This ZIP code is located within Morgan County. This is $1,347 more than the Utah average of $1,901/year.

Compared to similar ZIP codes in Utah, 84050 has higher property taxes. ZIP codes with similar effective rates include 84078 (0.53%) and 84123 (0.53%).

In Morgan, property taxes represent approximately 2.6% of the median household income of $125,949, providing context for the relative tax burden on homeowners in this area.

Utah assesses all property at 100% of market value and resets the assessment to purchase price at sale, with no subsequent annual increase limits. Morgan County offers a Homeowner Exemption ($32,350 off assessed value for primary residences) — file this exemption with the Morgan County Assessor within 30 days of closing or by April 15 of the following year. Register your exemption with the Morgan County Assessor's office and request written confirmation that it has been applied to your account.