Littleton, Colorado Property Taxes
The median property tax rate in Littleton, CO is 0.69%, which is lower than the national median of 0.99% but higher than Colorado's state median of 0.55%. With the median home value in Littleton at $460,203, the typical annual property tax bill reaches $3,128, surpassing the national median of $2,690. Property taxes in Littleton 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 Littleton'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 Littleton 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
Littleton, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.69%
Estimate Property Tax Bill
$3,175
Ownwell’s Littleton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Littleton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Littleton to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Littleton, Colorado
Property taxes in Littleton, Colorado, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Littleton is 0.69%, which is lower than the U.S. national median of 0.99%. Local government entities within Littleton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Littleton 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 Littleton's effective property tax rate to other regions in Colorado and the national median. For comparison, the zip code 80128 has the highest median property tax rate of 0.69%, while the zip code 80123 has the lowest median tax rate of 0.69%. Understanding how these areas compare with Littleton provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Littleton Tax Rate
0.69%
Average Jefferson County Tax Rate
0.66%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Littleton, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80120 | N/A | N/A | N/A | N/A | N/A |
| 80123 | 0.53% | 0.65% | 0.69% | 0.73% | 0.81% |
| 80127 | 0.56% | 0.67% | 0.69% | 0.72% | 0.76% |
| 80128 | 0.55% | 0.66% | 0.69% | 0.71% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Littleton, Colorado
In Littleton, 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 Jefferson 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 Littleton, 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. For instance, the highest median tax bill in Littleton is $3,392 in zip code 80127, while the lowest is $2,878 in zip code 80128. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Littleton Assessed Value
$460,203
Average Jefferson County Assessed Value
$436,276
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Littleton, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80120 | N/A | N/A | N/A | N/A | N/A |
| 80123 | $359,557 | $406,832 | $475,856 | $569,311 | $689,273 |
| 80127 | $327,173 | $404,342 | $485,606 | $609,761 | $782,737 |
| 80128 | $257,402 | $342,658 | $427,350 | $502,521 | $572,357 |
Source: Ownwell
Property Tax Bills Across Littleton, Colorado
In Littleton, Jefferson County, CO, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is a percentage of the property's market value. For example, if a home has a market value of $460,203, the assessed value will be a fraction of this amount, depending on the state's assessment ratio. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Littleton can expect tax bills that vary widely, with the 25th percentile at $2,582 and the 75th percentile reaching $3,867. The highest median tax bill in the area is found in the 80127 zip code at $3,392, while the lowest is in the 80128 zip code at $2,878. These taxes fund essential local services such as schools, public safety, and infrastructure, impacting homeowners' overall cost of living.
Average Littleton Tax Bill
$3,128
Average Jefferson County Tax Bill
$2,797
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Littleton, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80120 | N/A | N/A | N/A | N/A | N/A |
| 80123 | $2,274 | $2,670 | $3,181 | $3,881 | $5,365 |
| 80127 | $2,093 | $2,740 | $3,392 | $4,301 | $5,812 |
| 80128 | $1,770 | $2,313 | $2,878 | $3,426 | $3,979 |
Source: Ownwell