Haswell, Colorado Property Taxes
The median property tax rate in Haswell, Colorado is 0.50%, considerably lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Haswell, the typical annual property tax bill reaches $591, far below the national median of $2,690. Property taxes in Haswell 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 Haswell'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 Haswell 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
Haswell, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.5%
Estimate Property Tax Bill
$160
Ownwell’s Haswell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Haswell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Haswell 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 Haswell, Colorado
Property taxes in Haswell, Colorado, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Haswell is 0.50%, significantly lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within Haswell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Haswell 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 Haswell's effective property tax rate to other counties in Colorado and the national median. For comparison, the 81045 zip code has the highest median property tax rate of 0.50%, while the 81045 zip code also has the lowest median tax rate of 0.50%. Understanding how these cities compare with Haswell provides valuable insights into the varying tax landscape across Lincoln County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Haswell Tax Rate
0.50%
Average Lincoln County Tax Rate
0.60%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Haswell, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81045 | 0.49% | 0.49% | 0.50% | 0.52% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Haswell, Colorado
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Haswell, Colorado. The market value represents 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 Lincoln County 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 Haswell, 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 Haswell is $591 in the 81045 zip code, while the lowest median tax bill is also $591 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Haswell Assessed Value
$32,081
Average Lincoln County Assessed Value
$108,229
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Haswell, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81045 | $2,678 | $7,430 | $32,081 | $181,230 | $313,929 |
Source: Ownwell
Property Tax Bills Across Haswell, Colorado
In Haswell, located in Lincoln County, CO, property tax bills are calculated based on the assessed value of the home. The assessed value is determined by the county assessor and is a percentage of the market value of the property. For homeowners in Haswell, the median home price is $32,081. Property taxes are then applied to this assessed value using the local tax rate. The tax bills can vary widely. For example, the tax bill at the 25th percentile is $37, while at the 75th percentile, it jumps to $880. At the 90th percentile, homeowners might see a tax bill as high as $1,691. These variations depend on factors such as property size, location, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Haswell's property taxes can be relatively modest or significantly higher, affecting homeowners differently based on their property's assessed value and the specific tax rate applied.
Average Haswell Tax Bill
$591
Average Lincoln County Tax Bill
$650
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Haswell, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81045 | $13 | $37 | $591 | $880 | $1,691 |
Source: Ownwell