Orem, UT Property Tax Rates

Compare property tax rates across 4 ZIP codes in Orem, Utah.

ACS 2019-2023 · Updated Dec 2024

Avg Tax Rate

0.43%

Avg Annual Tax

$1,978

Avg Home Value

$464,275

ZIP Codes

4

Property Tax Overview: Orem, UT

Orem has 4 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.43%, which is 14% below the Utah average of 0.50%. Annual property taxes range from $2,116 (ZIP 84097) to $2,208 (ZIP 84059).

For a home at Orem's median value of $464,275, property taxes add approximately $165/month to housing costs. Orem home values are above the Utah median of $396,693, meaning the monthly tax impact is correspondingly higher.

Property tax rates within Orem vary by 0.02 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.

ZIP Codes in Orem, UT

ZIP CodeEffective RateMedian TaxMedian Home Value
840970.42%$2,116$506,900
840580.42%$1,868$441,900
840570.43%$1,718$398,400
840590.43%$2,208$509,900

Orem vs Utah Average

Effective Tax Rate

Orem0.43%
Utah Avg0.50%

14% below state average

Annual Property Tax

Orem$1,978
Utah Avg$1,901

Median Home Value

Orem$464,275
Utah Avg$396,693

Frequently Asked Questions

What is the average property tax rate in Orem, UT?

The average effective property tax rate in Orem, Utah is 0.43%, based on 4 ZIP codes.

How much is property tax in Orem, UT?

The average median annual property tax in Orem is $1,978 per year, with a median home value of $464,275.

Which ZIP code in Orem has the lowest property tax rate?

ZIP code 84097 has the lowest effective tax rate in Orem at 0.42%, with a median annual tax of $2,116.

How many ZIP codes are in Orem, UT?

Orem, Utah has 4 ZIP codes with property tax data available.

Which ZIP code in Orem has the highest property tax rate?

ZIP code 84059 has the highest effective tax rate in Orem at 0.43%, with a median annual tax of $2,208.

How do Orem property taxes compare to the Utah average?

Orem's average effective rate of 0.43% is 14% below the Utah state average of 0.50%.

What factors affect property tax rates between ZIP codes in Orem?

Property tax rate differences within Orem are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.

Tips for Orem Homeowners

  • Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
  • Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
  • Know your assessment cycle: Utah reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
  • Compare ZIP codes before buying: Even within Orem, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.

Looking for county-level property tax data? View Utah County on TaxByCounty.com

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →