Berthoud, Colorado Property Taxes
The median property tax rate in Berthoud, CO is 0.48%, considerably lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Berthoud at $754,000, the typical annual property tax bill reaches $3,932, surpassing the national median of $2,690. Property taxes in Berthoud are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Berthoud's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Berthoud or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Berthoud, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$3,619
Ownwell’s Berthoud Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Berthoud with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Berthoud to determine your property tax bill. This valuable tool helps you anticipate potential tax liabilities. For those interested in neighborhood-level trends, further localized information is available below. Your property’s assessed value is the figure assigned by Boulder County for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Berthoud, Colorado
Property taxes in Berthoud, Colorado, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Berthoud is 0.48%, significantly lower than the U.S. national median of 0.99%. Local government entities within Berthoud set these rates annually, and they can vary across different neighborhoods. Each year, Berthoud estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Berthoud's effective property tax rate to other counties in Colorado and the national median. For comparison, the zip code 80513 has the highest median property tax rate of 0.48%, while the same zip code also has the lowest median tax rate of 0.48%. Understanding how these cities compare with Berthoud provides valuable insights into the varying tax landscape across Boulder County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Berthoud Tax Rate
0.48%
Average Boulder County Tax Rate
0.50%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Berthoud, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80513 | 0.38% | 0.42% | 0.48% | 0.50% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Berthoud, Colorado
In Berthoud, Colorado, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Boulder County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Berthoud, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Berthoud helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Berthoud are both $3,932 in the 80513 zip code.
Average Berthoud Assessed Value
$754,000
Average Boulder County Assessed Value
$722,900
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Berthoud, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80513 | $616,400 | $668,000 | $754,000 | $927,650 | $1,031,840 |
Source: Ownwell
Property Tax Bills Across Berthoud, Colorado
In Berthoud, located in Boulder County, CO, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Berthoud stands at $754,000. Property taxes are calculated by multiplying the assessed value by the local tax rate. For instance, the tax bills in Berthoud range significantly, with the 25th percentile at $3,010 and the 75th percentile reaching $4,614. At the 90th percentile, homeowners might see tax bills as high as $5,024. These variations reflect the impact of different property values within the area. Compared to the national median property tax rate of 0.99%, homeowners in Berthoud experience differing tax burdens based on their property's assessed value. This system ensures that homeowners contribute to local services proportionate to their property value, affecting their annual financial planning. The highest and lowest median tax bills in the zip code 80513 are both $3,932, indicating a consistent tax rate application across the area.
Average Berthoud Tax Bill
$3,932
Average Boulder County Tax Bill
$3,545
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Berthoud, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80513 | $2,457 | $3,010 | $3,932 | $4,614 | $5,024 |
Source: Ownwell