84649 Property Tax Rate

Property owners in ZIP code 84649 (Oak City, Utah) pay a median of $1,167/year in property taxes on homes valued at $203,700. This translates to an effective tax rate of 0.57%, which is 15% above the Utah state average of 0.50%.

The monthly property tax burden for a median-valued home in 84649 is approximately $97, which factors into escrow payments on mortgages. This ZIP code is located within Millard County. This is $734 less than the Utah average of $1,901/year.

Compared to similar ZIP codes in Utah, 84649 has higher property taxes. ZIP codes with similar effective rates include 84528 (0.57%) and 84635 (0.58%).

In Oak City, property taxes represent approximately 1.6% of the median household income of $71,452, 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 cap on annual increases in subsequent years. Millard County offers a Homeowner Exemption ($32,350 off assessed value for primary residences) — apply to the Millard County Assessor within 30 days of purchase or by April 15 of the following tax year. File your exemption with the Millard County Assessor and verify the exemption appears on your Notice of Assessment.