Keenesburg, Colorado Property Taxes
The median property tax rate in Keenesburg, CO is 0.59%, slightly higher than the state median of 0.55% but lower than the national median of 0.99%. With a median home value of $773,000, the typical annual property tax bill in Keenesburg reaches $4,419, significantly surpassing the national median of $2,690. Property taxes in Keenesburg are determined based on the tax assessed value, which is often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Keenesburg'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 Keenesburg or another part of Adams County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Keenesburg, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.59%
Estimate Property Tax Bill
$4,561
Ownwell’s Keenesburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Keenesburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Keenesburg 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 Adams County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Keenesburg, Colorado
Property taxes in Keenesburg, Colorado, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Keenesburg is 0.59%, which is lower than both the Colorado state median of 0.60% and the U.S. national median of 0.99%. Local government entities within Keenesburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Keenesburg 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 Keenesburg's effective property tax rate to other counties in Colorado and the national median. For comparison, the zip code 80643 has the highest median property tax rate of 0.59%, while the same zip code also has the lowest median tax rate of 0.59%. Understanding how these cities compare with Keenesburg provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Keenesburg Tax Rate
0.59%
Average Adams County Tax Rate
0.57%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Keenesburg, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80643 | 0.30% | 0.43% | 0.59% | 0.62% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Keenesburg, Colorado
In Keenesburg, 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 Keenesburg, 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 Keenesburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Keenesburg are both $4419, found in the 80643 zip code.
Average Keenesburg Assessed Value
$773,000
Average Adams County Assessed Value
$489,000
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Keenesburg, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80643 | $652,267 | $715,310 | $773,000 | $836,682 | $947,270 |
Source: Ownwell
Property Tax Bills Across Keenesburg, Colorado
In Keenesburg, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, if the median home price is $773,000, the assessed value is determined by the county assessor. The tax rate is then applied to this assessed value to calculate the annual tax bill. Factors such as property location, home size, and market trends play a significant role in determining the assessed value. Homeowners in Keenesburg, Adams County can expect property tax bills to vary. At the 25th percentile, tax bills are around $3,253, while at the 75th percentile, they reach approximately $4,891. The 90th percentile sees tax bills as high as $5,670. Comparing these figures to the national median property tax rate of 0.99%, Keenesburg homeowners face relatively higher tax bills. Understanding these factors helps homeowners anticipate their annual financial obligations and plan accordingly.
Average Keenesburg Tax Bill
$4,419
Average Adams County Tax Bill
$2,770
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Keenesburg, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80643 | $2,258 | $3,253 | $4,419 | $4,891 | $5,670 |
Source: Ownwell