Eckert, Colorado Property Taxes
The median property tax rate in Eckert, CO is 0.42%, significantly lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Eckert at $212,437, the typical annual property tax bill is $867, well below the national median of $2,690. Property taxes in Eckert are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Eckert'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 Eckert 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
Eckert, 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 Eckert Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eckert with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eckert 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 Eckert, Colorado
Property taxes in Eckert, Colorado, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eckert is 0.42%, significantly lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within Eckert set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eckert 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 Eckert's effective property tax rate to other counties in Colorado and the national median. For comparison, the 81418 zip code has the highest median property tax rate of 0.42%, while the 81418 zip code also has the lowest median tax rate of 0.42%. Understanding how these cities compare with Eckert provides valuable insights into the varying tax landscape across Delta County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eckert Tax Rate
0.42%
Average Delta County Tax Rate
0.45%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eckert, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81418 | 0.24% | 0.42% | 0.42% | 0.42% | 0.49% |
Source: Ownwell
Property Tax Assessment Values Across Eckert, Colorado
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Eckert, Colorado. The market value represents 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 Delta 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 Eckert, 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 Eckert helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $867.00 in zip code 81418, while the lowest is also $867.00 in the same zip code.
Average Eckert Assessed Value
$212,437
Average Delta County Assessed Value
$200,311
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eckert, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81418 | $63,181 | $146,018 | $212,437 | $279,615 | $355,905 |
Source: Ownwell
Property Tax Bills Across Eckert, Colorado
In Eckert, Delta County, CO, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the market value of the home. Various factors such as property location, size, and improvements contribute to the market value assessment. The median home price in Eckert is $212,437, and property tax bills vary widely within the region. Homeowners in the 25th percentile pay around $590, while those in the 75th percentile face bills of approximately $1,174. For the top 10% of properties, the tax bill can reach up to $1,552. These taxes are crucial for funding local services such as schools, infrastructure, and public safety. Compared to the national median property tax rate of 0.99%, Eckert's property tax rates are relatively moderate, making it an appealing area for homeowners looking for manageable tax expenses.
Average Eckert Tax Bill
$867
Average Delta County Tax Bill
$931
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Eckert, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81418 | $365 | $590 | $867 | $1,174 | $1,552 |
Source: Ownwell