Haswell, Colorado Property Taxes
The median property tax rate in Haswell, CO is 0.68%, slightly below the national median of 0.99% but higher than the Colorado state median of 0.55%. With a median home value of $74,072 in Haswell, the typical annual property tax bill amounts to $497, significantly lower than the national median of $2,690. Property taxes in Haswell 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 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 Cheyenne County, 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
0.68%
Estimate Property Tax Bill
$504
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 0.68%, which is lower than 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 areas in Colorado and the national median. For comparison, the 81045 zip code has both the highest and lowest median property tax rate of 0.68%. Understanding how these areas compare with Haswell provides valuable insights into the varying tax landscape across Cheyenne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Haswell Tax Rate
0.68%
Average Cheyenne County Tax Rate
0.66%
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 | 0.48% | 0.55% | 0.68% | 0.80% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Haswell, Colorado
In Haswell, 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 Cheyenne County Assessor 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. The highest median tax bill in Haswell is $497 in zip code 81045, and the lowest median tax bill is also $497 in the same zip code. Being aware of these valuation processes in Haswell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Haswell Assessed Value
$74,072
Average Cheyenne County Assessed Value
$55,241
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 | $72,522 | $73,103 | $74,072 | $75,040 | $75,621 |
Source: Ownwell
Property Tax Bills Across Haswell, Colorado
In Haswell, located in Cheyenne County, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the property's market value. For homeowners in Haswell, the median home price is $74,072. Property tax rates are then applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including the property's location, its assessed value, and any applicable exemptions or deductions. In Haswell, property tax bills range significantly, with the 25th percentile tax bill at $412 and the 75th percentile tax bill at $582. The 90th percentile tax bill can go up to $633, reflecting the variability in property values and tax rates within the area. Compared to the national median property tax rate of 0.99%, Haswell's property taxes are relatively modest, offering some financial relief to homeowners. However, understanding these factors is crucial for homeowners to anticipate their annual expenses accurately.
Average Haswell Tax Bill
$497
Average Cheyenne County Tax Bill
$407
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 | $361 | $412 | $497 | $582 | $633 |
Source: Ownwell