Utah Homestead Exemption Savings Calculator

Estimate how much the Utah homestead exemption could save you each year. The example numbers are placeholders; enter your own from your assessment notice or tax bill.

Across Utah, Census ACS 2020-2024 counts 790,144 owner-occupied homes (70.2% ownership). Use the calculator with figures from your assessment notice; the exemption math comes from the official source cited below.

How neighbors handle this

Idaho: 50% of value (cap $125,000)

Neighbor figures are from the same verified official sources we cite on each page. Always confirm with the Utah county office before filing.

The calculator models Utah’s Primary Residential Exemption. Official benefit summary: Reduces the taxable value of a primary residence by 45%. Filing path from the source: Usually applied by the county; some counties require Form TC-473A.

Population and housing figures: U.S. Census Bureau, ACS 2020-2024 5-year (state FIPS 49). Exemption figures checked against the official page on 2026-11-04.

How the exemption works

Utah law allows a 45% exemption on the market value of qualifying primary residential property (Utah Code 59-2-103).
Your home is taxed on 55% of its fair market value.

Assumptions

Savings = 45% of market value × your tax rate.

Source: Utah State Tax Commission. Figures checked against the official page on 2026-11-04.

How much does the Utah homestead exemption save?

Multiply the exemption by your local tax rate. Savings = 45% of market value × your tax rate.

Is this calculator official?

No. It is an estimate based on figures from the official state source cited on this page.