Commerce City, Adams County, Colorado Property Taxes

Ownwell's Commerce City Property Tax Bill Calculator offers homeowners, real estate investors, and prospective buyers a quick way to estimate their annual property taxes with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Commerce City to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities, making financial planning easier. For those interested in more detailed trends at a neighborhood level, additional localized information is available below. Your property's assessed value is determined by the county for property tax purposes, taking into account any applicable exemptions.

Property Tax Assessment Values Across Commerce City, Adams County, Colorado

In Commerce City, 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 Adams 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 Commerce City, 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. Commerce City has a wide range of tax bills, with the highest median tax bill of $4,433 in the 80603 zip code and the lowest median tax bill of $561 in the 80249 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.

Property Tax Assessment Values Across Commerce City, Adams County, Colorado

Source: Ownwell

$15,674

$674,337

$1,333,000

Average Commerce City Assessed Value

$511,000

Average Adams County Assessed Value

$489,000

Average Colorado Assessed Value

$405,540

Average United States Assessed Value

$244,900