Residential Property Tax Allocation
Are you aware of the composition of your residential property taxes? Based on the assessed value of a $222,000 home, the taxable value of that home is $122,100 or 55%. So the total property tax bill, based on 2018 tax rates, of a home valued at $222,000 is approximately $1,662.03. South Salt Lake's portion of the total tax liability is approximately $229.30 or roughly 14%. These numbers will decrease slightly if you live in the northern areas of South Salt Lake which are not provided services by Jordan Valley Water Conservancy District or the Mt. Olympus Improvement District.
Property Tax Liability on $222,000 home - Southern Portion of South Salt Lake: