Windsor, Colorado Property Taxes
The median property tax rate in Windsor, CO is 0.64%, slightly higher than the state median of 0.55% but still below the national median of 0.99%. With the median home value in Windsor at $528,663, the typical annual property tax bill reaches $3,345, surpassing the national median of $2,690. Property taxes in Windsor are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Windsor'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 Windsor 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
Windsor, 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 Windsor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Windsor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Windsor 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 Windsor, Colorado
Property taxes in Windsor, Colorado, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windsor is 0.64%, which is lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within Windsor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windsor 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 Windsor's effective property tax rate to other areas in Weld County and the national median. For comparison, the zip code 80550 has the highest median property tax rate of 0.65%, while the zip code 80631 has the lowest median tax rate of 0.59%. Understanding how these areas compare with Windsor provides valuable insights into the varying tax landscape across Weld County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Windsor Tax Rate
0.64%
Average Weld County Tax Rate
0.49%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windsor, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80550 | 0.38% | 0.50% | 0.65% | 0.71% | 0.77% |
| 80631 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
| 80634 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Windsor, Colorado
In Windsor, 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 Weld County Assessor's Office 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 Windsor, 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 Windsor is $3,346 in the 80550 zip code, while the lowest median tax bill is also $3,346 in the same zip code. Being aware of these valuation processes in Windsor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Windsor Assessed Value
$528,663
Average Weld County Assessed Value
$452,949
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Windsor, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80550 | $378,400 | $455,222 | $529,056 | $621,734 | $729,747 |
| 80631 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 |
| 80634 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 |
Source: Ownwell
Property Tax Bills Across Windsor, Colorado
In Windsor, CO, property tax bills are calculated based on the assessed value of a home, which is determined by Weld County. The assessed value is a percentage of the home's market value, which is then multiplied by the local tax rate to calculate the tax bill. For instance, with a median home price of $528,663, homeowners can expect varying tax bills depending on their property's assessed value and the applicable tax rates. Factors influencing the tax bill include the home's market value, any exemptions or abatements, and the specific tax rate set by local taxing authorities. Homeowners in Windsor experience a range of tax bills, with the 25th percentile paying around $2,260, and those in the 75th percentile facing bills up to $4,223. The highest median tax bill in the area is $3,346, found in ZIP code 80550. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, making it essential for residents to understand how their tax bills are determined.
Average Windsor Tax Bill
$3,345
Average Weld County Tax Bill
$2,133
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Windsor, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80550 | $1,653 | $2,264 | $3,346 | $4,224 | $4,999 |
| 80631 | $59 | $59 | $59 | $59 | $59 |
| 80634 | $59 | $59 | $59 | $59 | $59 |
Source: Ownwell