Taxes in Magna, Utah
Complete tax guide for Magna, UT. State income tax up to 4.65%, 0.57% property tax, 7.5% sales tax. Calculate your total tax burden.
State Income Tax
4.65%
Utah
Property Tax
0.57%
Effective rate
Sales Tax
7.5%
Combined rate
Tax Burden
Moderate
Magna, UT Tax Overview
Population
29,834
Median Income
$67,000
Cost of Living
99.5 (100 = avg)
State Income Tax
4.65%
Median Home Price
$514,000
Magna Tax Calculator
Pre-filled with Magna median: $67,000
Total Tax Burden in Magna
$14,595
Take-Home: $52,405 · Effective Rate: 21.78%
Federal Tax
$6,354
9.48% eff.
UT State
$3,116
4.65% eff.
FICA
$5,126
7.65% eff.
Take-Home
$52,405
78.22% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $67,000.00 | $5,583.33 |
| Federal Income Tax | -$6,354.00 | -$529.50 |
| Utah State Tax | -$3,115.50 | -$259.63 |
| Social Security (6.2%) | -$4,154.00 | -$346.17 |
| Medicare (1.45%) | -$971.50 | -$80.96 |
| Take-Home Pay | $52,405.00 | $4,367.08 |
Property Tax in Magna
Median Home
$514,000
Annual Tax
$2,930
Monthly Tax
$244
Effective Rate
0.57%
Sales Tax in Magna
Combined Rate
7.5%
State Portion
~5.0%
Local Portion
~2.5%
The combined sales tax rate in Magna is 7.5%, which is above the national average of 7.12%. On a $100 purchase, you would pay $7.50 in sales tax.
Tax Burden Comparison
| Tax Type | Magna | Utah Avg | National Avg |
|---|---|---|---|
| Income Tax | 4.65% | 4.65% | 4.6% |
| Property Tax | 0.57% | ~0.57% | 1.1% |
| Sales Tax | 7.5% | ~7.5% | 7.12% |
| Overall Burden | Moderate | — | Moderate |
Tax Saving Tips for Magna Residents
- Utah's income tax rate of 4.65% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
- Property tax in Magna (0.57%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Utah
Salt Lake City
ModerateWest Valley City
ModerateWest Jordan
ModerateProvo
LowOrem
LowSandy
ModerateSt. George
ModerateOgden
LowCalculate Your Full Utah Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Magna, UT?
Magna, Utah has a state income tax rate up to 4.65%. The property tax rate is 0.57% and the combined sales tax rate is 7.5%.
How much is property tax in Magna?
The effective property tax rate in Magna is 0.57%. On the median home price of $514,000, this equals approximately $2,930 per year or $244 per month. This is below the national average of 1.1%.
What is the sales tax rate in Magna?
The combined sales tax rate in Magna is 7.5%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does Magna's tax burden compare to other cities?
Magna has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 26.5%. The combination of 4.65% state income tax, 0.57% property tax, and 7.5% sales tax determines the total burden. Cost of living index is 99.5 (100 = national average).
Are there any local taxes in Magna?
Magna does not impose a separate local or city income tax. Residents pay the state income tax of 4.65%, federal income tax, and FICA (Social Security and Medicare).