84749 Property Tax Rate

Property owners in ZIP code 84749 (Lyman, Utah) pay a median of $1,750/year in property taxes on homes valued at $365,900. This translates to an effective tax rate of 0.48%, which is 4% below the Utah state average of 0.50%.

The monthly property tax burden for a median-valued home in 84749 is approximately $146, which factors into escrow payments on mortgages. This ZIP code is located within Wayne County.

Compared to similar ZIP codes in Utah, 84749 has lower property taxes. ZIP codes with similar effective rates include 84046 (0.48%) and 84655 (0.48%).

In Lyman, property taxes represent approximately 3.6% of the median household income of $48,958, providing context for the relative tax burden on homeowners in this area.

Utah requires full reassessment to market value upon sale with no state-imposed cap; Wayne County Assessor will adjust the assessed value to your purchase price. Wayne County provides the Homestead Exemption for primary residences and the Senior Citizens' Property Tax Exemption for owners age 65 or older — apply with the Wayne County Assessor to reduce your school tax obligation. File your homestead or senior exemption application with the Wayne County Assessor before year-end to ensure the exemption applies to your first tax bill.