Pleasant View, Colorado Property Taxes
The median property tax rate in Pleasant View, CO is 0.33%, considerably lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Pleasant View, the typical annual property tax bill reaches $439, significantly below the national median of $2,690. Property taxes in Pleasant View 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 Pleasant View'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 Pleasant View 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
Pleasant View, Colorado Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,100
Ownwell’s Pleasant View Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pleasant View with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pleasant View 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 Montezuma County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Pleasant View, Colorado
Property taxes in Pleasant View, Colorado, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasant View is 0.33%, significantly lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within Pleasant View set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasant View 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 Pleasant View's effective property tax rate to other counties in Colorado and the national median. For comparison, the highest median property tax rate in the region is 0.72%, while the lowest median tax rate is 0.27%. Understanding how these cities compare with Pleasant View provides valuable insights into the varying tax landscape across Montezuma County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasant View Tax Rate
0.33%
Average Montezuma County Tax Rate
0.39%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pleasant View, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81331 | 0.24% | 0.32% | 0.33% | 0.46% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Pleasant View, Colorado
In Pleasant View, 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 Montezuma County Appraisal District 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 Pleasant View, 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 Pleasant View helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Pleasant View are both $439, found in the zip code 81331.
Property Tax Assessment Values Across Pleasant View, Colorado
Source: Ownwell
$127,550
$173,238
$218,926
Average Pleasant View Assessed Value
$127,550
Average Montezuma County Assessed Value
$183,673
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pleasant View, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81331 | $27,550 | $81,673 | $127,550 | $197,888 | $288,610 |
Source: Ownwell
Property Tax Bills Across Pleasant View, Colorado
In Pleasant View, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For homeowners, this means the property's market value is first determined and then multiplied by the assessment rate set by the state. The resulting assessed value is then subject to the local tax rate to determine the final tax bill. The median home price in Pleasant View is $127,550, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $299, while the 75th percentile reaches $740, and the 90th percentile climbs to $1,038. These figures illustrate the range in property tax obligations homeowners might face. Compared to the national median property tax rate of 0.99%, Pleasant View's figures suggest a relatively moderate tax environment. Factors such as local government budgets, school funding needs, and community services all play a role in determining the final tax rate, thereby impacting homeowners' annual financial responsibilities.
Average Pleasant View Tax Bill
$439
Average Montezuma County Tax Bill
$702
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Pleasant View, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81331 | $113 | $299 | $439 | $740 | $1,038 |
Source: Ownwell