Conifer, Colorado Property Taxes
The median property tax rate in Conifer, CO is 0.57%, slightly higher than the state median of 0.55% but still below the national median of 0.99%. With the median home value in Conifer at $398,484, the typical annual property tax bill reaches $2,283, which is less than the national median of $2,690. Property taxes in Conifer are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Conifer'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 Conifer 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
Conifer, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.57%
Estimate Property Tax Bill
$2,271
Ownwell’s Conifer Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Conifer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Conifer 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 Conifer, Colorado
Property taxes in Conifer, Colorado, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Conifer is 0.57%, lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within Conifer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Conifer 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 Conifer's effective property tax rate to other counties in Colorado and the national median. For comparison, the 80433 zip code has the highest median property tax rate of 0.57%, while the same zip code also has the lowest median tax rate of 0.57%. Understanding how these areas compare with Conifer provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Conifer Tax Rate
0.57%
Average Douglas County Tax Rate
0.64%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Conifer, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80433 | 0.57% | 0.57% | 0.57% | 0.57% | 0.57% |
Source: Ownwell
Property Tax Assessment Values Across Conifer, Colorado
In Conifer, 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 Douglas County Appraisal District 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 Conifer, 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 Conifer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Conifer both stand at $2,283, specifically in the 80433 zip code.
Average Conifer Assessed Value
$398,484
Average Douglas County Assessed Value
$496,355
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Conifer, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80433 | $398,484 | $398,484 | $398,484 | $398,484 | $398,484 |
Source: Ownwell
Property Tax Bills Across Conifer, Colorado
In Conifer, 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 Conifer, the median home price is $398,484. The property tax rate in Douglas County is applied to this assessed value to determine the annual tax bill. In Conifer, the median property tax bill is $2,283, which is significantly higher than the national median property tax rate of 0.99%. Factors that influence the tax bill include the market value of the property, the local tax rate, and any applicable exemptions or deductions. This higher tax bill can impact homeowners by increasing the cost of owning a home, potentially affecting affordability and long-term financial planning. Understanding these factors is crucial for homeowners to anticipate their annual expenses and manage their finances effectively.
Average Conifer Tax Bill
$2,283
Average Douglas County Tax Bill
$3,328
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Conifer, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80433 | $2,283 | $2,283 | $2,283 | $2,283 | $2,283 |
Source: Ownwell