Gardner, Colorado Property Taxes
The median property tax rate in Gardner, CO is 0.54%, slightly below the Colorado state median of 0.55% and significantly lower than the national median of 0.99%. With the median home value in Gardner at $89,276, the typical annual property tax bill amounts to $372, which is well below the national median of $2,690. Property taxes in Gardner are calculated based on the tax assessed value, often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Gardner'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 Gardner or another part of Huerfano County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Gardner, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.54%
Estimate Property Tax Bill
$482
Ownwell’s Gardner Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gardner with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gardner 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 Gardner, Colorado
Property taxes in Gardner, Colorado, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gardner is 0.54%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Gardner set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gardner 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 Gardner's effective property tax rate to other counties in Colorado and the national median. For comparison, the zip code 81040 has both the highest and lowest median property tax rate of 0.54%, highlighting the uniformity in tax rates within Gardner. Understanding how these areas compare with Gardner provides valuable insights into the varying tax landscape across Huerfano County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gardner Tax Rate
0.54%
Average Huerfano County Tax Rate
0.60%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gardner, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81040 | 0.27% | 0.54% | 0.54% | 0.54% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Gardner, Colorado
In Gardner, 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 Huerfano 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 Gardner, 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 Gardner helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Gardner are both $372.00, found in the 81040 zip code.
Average Gardner Assessed Value
$89,276
Average Huerfano County Assessed Value
$83,356
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gardner, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81040 | $30,468 | $49,530 | $89,276 | $128,653 | $196,464 |
Source: Ownwell
Property Tax Bills Across Gardner, Colorado
In Gardner, situated in Huerfano 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 property's market value. Homeowners in Gardner face property taxes that reflect both the value of their property and the local tax rates set by various taxing authorities, including school districts, municipalities, and other special districts. For instance, the median home price in Gardner is $89,276. Tax bills vary significantly, with the 25th percentile at $248 and the 75th percentile reaching $739. At the 90th percentile, homeowners might see tax bills as high as $1,063. These figures illustrate the range of tax burdens homeowners might encounter, influenced by property values and the specific rates set by local authorities. Compared to the national median property tax rate of 0.99%, Gardner's property tax rates can significantly impact homeowners' annual expenses, making it essential for them to understand how their tax bills are calculated and what factors are considered.
Average Gardner Tax Bill
$372
Average Huerfano County Tax Bill
$439
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Gardner, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81040 | $104 | $248 | $372 | $739 | $1,063 |
Source: Ownwell