Archuleta County Property Taxes
The median property tax rate in Archuleta County is 0.45%, which is significantly lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Archuleta County at $301,050, the typical annual property tax bill reaches $1,424, which is well below the national median of $2,690. Property taxes in Archuleta County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Archuleta County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Pagosa Springs or another part of Archuleta County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Archuleta County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.45%
Estimate Property Tax Bill
$1,355
Ownwell’s Archuleta County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Archuleta County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Archuleta County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Archuleta County, Colorado
Property taxes in Archuleta County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Archuleta County is 0.45%, which is lower than the U.S. national median of 0.99%. Local government entities within Archuleta County set these rates annually, and they can vary significantly between different areas within the county. Each year, Archuleta County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Archuleta County's effective property tax rate with other areas in the state and the national median. For comparison, the city of Pagosa Springs has one of the higher property tax rates in the region at 0.45%, while the city of Chromo boasts one of the lowest at 0.41%. Analyzing how Archuleta County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Archuleta County Tax Rate
0.45%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Archuleta County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arboles | 0.27% | 0.34% | 0.39% | 0.39% | 0.41% |
| Bayfield | 0.24% | 0.36% | 0.36% | 0.43% | 0.51% |
| Chimney Rock | 0.43% | 0.43% | 0.43% | 0.43% | 0.43% |
| Chromo | 0.41% | 0.41% | 0.41% | 0.42% | 0.62% |
| Ignacio | 0.26% | 0.34% | 0.34% | 0.49% | 0.85% |
| Pagosa Springs | 0.36% | 0.43% | 0.45% | 0.45% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Archuleta County, Colorado
In Archuleta County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Archuleta County Appraisal District. The assessed value, however, 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. Assessment notices in Archuleta County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Archuleta County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Archuleta County, Chromo has the highest median tax bill at $2,132, while Ignacio has the lowest at $567.
Property Tax Assessment Values Across Archuleta County, Colorado
Source: Ownwell
$128,260
$319,200
$510,140
Average Archuleta County Assessed Value
$301,050
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Archuleta County, Colorado
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arboles | $10,760 | $42,050 | $154,000 | $288,270 | $451,530 |
| Bayfield | $15,040 | $179,580 | $341,890 | $523,488 | $728,645 |
| Chimney Rock | $384,720 | $384,720 | $384,720 | $384,720 | $384,720 |
| Chromo | $144,082 | $344,340 | $510,140 | $625,020 | $774,256 |
| Ignacio | $8,448 | $51,970 | $128,260 | $259,792 | $387,536 |
| Pagosa Springs | $18,750 | $156,645 | $303,225 | $444,658 | $611,286 |
Source: Ownwell
Property Tax Bills Across Archuleta County, Colorado
In Archuleta County, CO, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The county assessor determines the market value, and then a percentage of this value is taken as the assessed value. This assessed value is multiplied by the local tax rate to determine the annual property tax bill. Several factors influence this calculation, including the home's location, size, and condition. For instance, in Archuleta County, the median home price is $301,050. Homeowners in this area can expect tax bills ranging significantly, with the 25th percentile at $878 and the 75th percentile at $2,009. The highest median tax bill in the county is in Chromo at $2,132, while the lowest is in Ignacio at $567. These property taxes fund essential services such as schools, public safety, and infrastructure, directly impacting homeowners by contributing to the quality of life and community services in their area.
Average Archuleta County Tax Bill
$1,424
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Archuleta County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arboles | $132 | $316 | $771 | $1,239 | $1,764 |
| Bayfield | $358 | $628 | $1,530 | $2,335 | $2,949 |
| Chimney Rock | $1,666 | $1,666 | $1,666 | $1,666 | $1,666 |
| Chromo | $1,011 | $1,565 | $2,132 | $2,686 | $4,069 |
| Ignacio | $191 | $270 | $567 | $1,190 | $1,900 |
| Pagosa Springs | $460 | $894 | $1,433 | $2,009 | $2,803 |
Source: Ownwell