84723 Property Tax Rate

Property owners in ZIP code 84723 (Circleville, Utah) pay a median of $1,056/year in property taxes on homes valued at $255,000. This translates to an effective tax rate of 0.41%, which is 17% below the Utah state average of 0.50%.

The monthly property tax burden for a median-valued home in 84723 is approximately $88, which factors into escrow payments on mortgages. This ZIP code is located within Piute County. This is $845 less than the Utah average of $1,901/year.

Compared to similar ZIP codes in Utah, 84723 has higher property taxes. ZIP codes with similar effective rates include 84326 (0.41%) and 84097 (0.42%).

In Circleville, property taxes represent approximately 1.4% of the median household income of $74,375, providing context for the relative tax burden on homeowners in this area.

Utah property transfers trigger full market-value reassessment by the Piute County Assessor with no statutory cap on increases. Piute County residents may qualify for the Homestead Exemption (reducing school tax burden on primary residences) or the Senior Citizens' Property Tax Exemption if age 65+ — contact the Piute County Assessor's office for application forms and income thresholds. Submit your exemption claim to the Piute County Assessor before the end of the calendar year following purchase to maximize your tax relief.