Avondale, Colorado Property Taxes
The median property tax rate in Avondale, CO is 0.73%, which is lower than the national median of 0.99% but higher than the Colorado state median of 0.55%. With a median home value of $140,142 in Avondale, the typical annual property tax bill amounts to $872, significantly below the national median of $2,690. Property taxes in Avondale are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Avondale's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Avondale or another part of Pueblo County, gaining insights into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Avondale, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$1,023
Ownwell's Avondale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Avondale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Avondale to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and plan accordingly. For those interested in more granular details, you can explore neighborhood-specific trends by scrolling down for localized information. Your property's assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Avondale, Colorado
Property taxes in Avondale, Colorado, are essential in funding key local services such as public schools, road maintenance, and emergency services. The median tax rate in Avondale is 0.73%, which is lower than the U.S. national median of 0.99%. Local government entities within Avondale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avondale 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 Avondale's effective property tax rate to other areas in Pueblo County and the national median. For comparison, the zip code 81006 has the highest median property tax rate of 0.80%, while 81022 has the lowest median tax rate of 0.73%. Understanding how these areas compare with Avondale provides valuable insights into the varying tax landscape across Pueblo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Avondale Tax Rate
0.73%
Average Pueblo County Tax Rate
0.69%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Avondale, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81006 | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% |
| 81022 | 0.40% | 0.55% | 0.73% | 0.80% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Avondale, Colorado
In Avondale, 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 Pueblo County Assessor's Office 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 Avondale, 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. The median home price in Avondale is $140,142, with tax bills ranging significantly. For instance, the highest median tax bill is $872 in zip code 81022, while the lowest median tax bill is $268 in zip code 81006. 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 Avondale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Avondale Assessed Value
$140,142
Average Pueblo County Assessed Value
$185,177
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Avondale, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81006 | $33,478 | $33,478 | $33,478 | $33,478 | $33,478 |
| 81022 | $12,468 | $81,738 | $140,270 | $193,108 | $252,061 |
Source: Ownwell
Property Tax Bills Across Avondale, Colorado
Property tax bills in Avondale, Pueblo County, CO are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Avondale is $140,142. Local tax rates are then applied to this assessed value to determine the tax bill. For Avondale, the median property tax bill is $872, with the 25th percentile at $509, the 75th percentile at $1261, and the 90th percentile reaching $1756. Factors influencing the tax bill include the property's location, improvements, and any applicable exemptions. Homeowners in Avondale can expect tax bills that reflect these variables, potentially impacting their annual budgets significantly. Compared to the national median property tax rate of 0.99%, Avondale's rates result in varying tax bills, highlighting the importance of understanding local property tax dynamics. The highest median tax bill in the area is found in zip code 81022, while the lowest is in zip code 81006.
Average Avondale Tax Bill
$872
Average Pueblo County Tax Bill
$1,150
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Avondale, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81006 | $268 | $268 | $268 | $268 | $268 |
| 81022 | $105 | $511 | $872 | $1,261 | $1,756 |
Source: Ownwell