How much are property taxes in Silver Summit, UT?
Homeowners in Silver Summit, UT pay a median of $7,408 (±$1,502) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $6,506.
Homes without a mortgage pay a median of $9,449.
In Silver Summit, the median real estate tax went from $3,633 in 2015–2019 to $7,408 in 2020–2024 (+103.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median real estate taxes
- $7,408 (±$1,502)
- With a mortgage
- $6,506
- Without a mortgage
- $9,449
Real estate taxes in Silver Summit against Summit County, its state and the nation
| Silver Summit | Summit County | Utah | United States | |
|---|---|---|---|---|
| Median real estate taxes | $7,408 (±$1,502) | $3,701 (±$160) | $2,525 (±$10) | $3,119 |
| Homes with a mortgage | $6,506 (±$1,179) | $3,576 (±$167) | $2,522 (±$12) | $3,489 |
| Homes without a mortgage | $9,449 (±$2,846) | $4,041 (±$387) | $2,531 (±$18) | $2,576 |
| Median home value | $2,000,000 or more | $1,067,700 (±$52,708) | $489,400 (±$1,629) | $332,700 |
In Silver Summit, the median real estate tax is higher than in Summit County ($3,701).
It is also higher than in Utah ($2,525).
It is higher than the national figure ($3,119).
In Summit County, Silver Summit ranks 1 of 10 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 2 of 266.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How property taxes in Silver Summit have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $3,633 (±$353) | $7,408 (±$1,502) | +103.9% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Silver Summit
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Silver Summit | — | $7,408 (±$1,502) | — |
| East Basin | 2.5 mi | $4,262 (±$615) | Lower |
| Snyderville | 3.5 mi | $3,693 (±$382) | Lower |
| Summit Park | 3.9 mi | $4,204 (±$259) | Lower |
| Park City | 6.4 mi | $5,253 (±$596) | Lower |
| Hideout | 9.1 mi | $5,047 (±$1,753) | Lower |
| Brighton | 11 mi | $4,640 (±$492) | Lower |
| Coalville | 12 mi | $1,625 (±$473) | Lower |
| Emigration Canyon metro Township | 12 mi | $7,098 (±$747) | Not measurably different |
Nearby places with a measurably lower figure: East Basin, UT ($4,262), Snyderville, UT ($3,693), Summit Park, UT ($4,204).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Summit County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 1 | Silver Summit | $7,408 (±$1,502) |
| 2 | Park City | $5,253 (±$596) |
| 3 | East Basin | $4,262 (±$615) |
| 4 | Summit Park | $4,204 (±$259) |
| 5 | Snyderville | $3,693 (±$382) |
| 6 | Francis | $2,527 (±$203) |
| 7 | Oakley | $2,231 (±$303) |
Showing 7 of 10 places in Summit County, ranked from highest to lowest.
Silver Summit is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Silver Summit
How much are property taxes in Silver Summit?
The median real estate tax paid by homeowners in Silver Summit, UT is $7,408 (±$1,502) a year (2020–2024 American Community Survey).
Have property taxes in Silver Summit gone up?
In Silver Summit, the median real estate tax went from $3,633 in 2015–2019 to $7,408 in 2020–2024 (+103.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Are property taxes in Silver Summit higher than in Summit County?
In Silver Summit, the median real estate tax is higher than in Summit County ($3,701).
It is also higher than in Utah ($2,525).
It is higher than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Silver Summit CDP, Utah
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver Summit CDP, Utah
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Silver Summit CDP, Utah
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Silver Summit CDP, Utah
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Silver Summit CDP, Utah
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Silver Summit CDP, Utah (place:69280, in state:49).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Silver Summit at a glance
- Income and affordability in Silver Summit
- Home values in Silver Summit
- Homeowner costs in Silver Summit
- Types of homes in Silver Summit
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- Population growth in Silver Summit
- Utah landlord and tenant rules
- Housing across Summit County
- Utah places ranked by property taxes
- Housing data for every place in Utah