Aug 14, 2026 - News

Salt Lake City property taxes are going up

Kim Bojórquez

Illustration of a repeating pattern of houses made out of hundred dollar bills. — Illustration: Aïda Amer/Axios

The Salt Lake City Council approved the city's 9.16% property tax hike this week, meaning property owners will see an uptick in their bills this fall.

The big picture: Despite community concerns about inflation, Salt Lake City leaders say the increase is necessary to offset the rising cost of basic services.

By the numbers: Homes valued at $700,000 are estimated to see an annual increase of about $100, or about $8 a month.

Commercial properties valued at the same price will see $182 annual jump.
Overall, the hike is expected to generate $13.5 million for the city. It would go toward hiring more firefighters, maintaining public lands, funding capital improvement projects and more.

What's next: The increase will be reflected on property tax bills in November.

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Salt Lake City property taxes are going up

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