Strasburg, Colorado Property Taxes
The median property tax rate in Strasburg, 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 Strasburg at $522,000, the typical annual property tax bill reaches $2,463, slightly below the national median of $2,690. Property taxes in Strasburg 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 Strasburg'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 Strasburg 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
Strasburg, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$2,506
Ownwell’s Strasburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Strasburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Strasburg 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 Strasburg, Colorado
Property taxes in Strasburg, Colorado, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Strasburg is 0.48%, which is below the U.S. national median of 0.99%. Local government entities within Strasburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Strasburg 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 Strasburg's effective property tax rate to other counties in Colorado and the national median. For comparison, the 80136 zip code has both the highest and lowest median property tax rate of 0.48%. Understanding how these cities compare with Strasburg provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Strasburg Tax Rate
0.48%
Average Adams County Tax Rate
0.57%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Strasburg, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80136 | 0.40% | 0.45% | 0.48% | 0.51% | 0.57% |
Source: Ownwell
Property Tax Assessment Values Across Strasburg, Colorado
In Strasburg, 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 Adams County Assessment 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 Strasburg, 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 Strasburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Strasburg is $522,000. The 25th percentile tax bill is $1,912, while the 75th percentile tax bill is $2,954. The 90th percentile tax bill is $3,304. Interestingly, the highest and lowest median tax bills in Strasburg both amount to $2,463, specifically in the 80136 zip code.
Average Strasburg Assessed Value
$522,000
Average Adams County Assessed Value
$489,000
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Strasburg, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80136 | $349,000 | $412,500 | $522,000 | $616,500 | $716,312 |
Source: Ownwell
Property Tax Bills Across Strasburg, Colorado
In Strasburg, located in Adams County, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. For homeowners in Strasburg, the median home price is $522,000. The tax rate is then applied to this assessed value to calculate the annual property tax bill. Factors influencing the tax bill include the market value of the home and the specific tax rate set by local taxing authorities. Homeowners in Strasburg experience a range of tax bills, with the 25th percentile at $1,912 and the 75th percentile at $2,954. The 90th percentile reaches up to $3,304, reflecting higher-valued properties. Comparatively, the median property tax rate in Strasburg aligns closely with the national median of 0.99%, ensuring that local tax bills are competitive with those in other parts of the country. This system ensures that property taxes are fairly distributed based on property values, impacting homeowners proportionately.
Average Strasburg Tax Bill
$2,463
Average Adams County Tax Bill
$2,770
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Strasburg, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80136 | $1,593 | $1,912 | $2,463 | $2,954 | $3,304 |
Source: Ownwell