Northglenn, Colorado Property Taxes
The median property tax rate in Northglenn, CO is 0.64%, notably higher than both the national median of 0.99% and the Colorado state median of 0.55%. With a median home value of $471,000 in Northglenn, the typical annual property tax bill reaches $3,016, surpassing the national median of $2,690. Property taxes in Northglenn are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Northglenn'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 Northglenn 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
Northglenn, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$3,014
$2,797
Ownwell’s Northglenn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Northglenn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Northglenn 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 Northglenn, Colorado
Property taxes in Northglenn, Colorado, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Northglenn is 0.64%, which is lower than the U.S. national median of 0.99%. Local government entities within Northglenn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Northglenn 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 Northglenn's effective property tax rate to other areas in Adams County and the national median. For comparison, the 80260 zip code has the highest median property tax rate of 0.66%, while the 80241 zip code has the lowest median tax rate of 0.55%. Understanding how these areas compare with Northglenn 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 Northglenn Tax Rate
0.64%
Average Adams County Tax Rate
0.57%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Northglenn, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80233 | 0.48% | 0.58% | 0.64% | 0.67% | 0.69% |
80234 | 0.49% | 0.53% | 0.63% | 0.68% | 0.70% |
80241 | 0.40% | 0.43% | 0.55% | 0.67% | 0.70% |
80260 | 0.49% | 0.59% | 0.66% | 0.69% | 0.73% |
80640 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Northglenn, Colorado
In Northglenn, 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 Northglenn, 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. For instance, the zip code 80234 has the highest median tax bill at $3,248, while the zip code 80241 has the lowest at $2,321. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Northglenn Assessed Value
$471,000
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 Northglenn, Colorado
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80233 | $412,000 | $433,000 | $458,000 | $494,000 | $540,000 |
80234 | $419,000 | $469,000 | $500,000 | $543,000 | $611,000 |
80241 | $330,000 | $436,000 | $521,000 | $547,000 | $580,000 |
80260 | $434,000 | $453,000 | $484,000 | $509,250 | $545,000 |
80640 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Northglenn, Colorado
In Northglenn, located in Adams County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Northglenn is $471,000. Homeowners can expect their tax bill to fall within a range, with the 25th percentile tax bill at $2,610 and the 75th percentile at $3,229. The 90th percentile tax bill reaches up to $3,483. Factors influencing the property tax bill include the home's assessed value, local tax rates, and any applicable exemptions. For instance, the highest median tax bill in Northglenn is $3,248 in the 80234 zip code, while the lowest is $2,321 in the 80241 zip code. These tax bills impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Northglenn's property taxes reflect the specific economic and regulatory environment of the region.
Average Northglenn Tax Bill
$3,016
Average Adams County Tax Bill
$2,770
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Northglenn, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80233 | $2,139 | $2,603 | $2,976 | $3,122 | $3,271 |
80234 | $2,436 | $2,661 | $3,248 | $3,513 | $3,888 |
80241 | $2,095 | $2,321 | $2,321 | $3,259 | $3,581 |
80260 | $2,329 | $2,909 | $3,216 | $3,367 | $3,540 |
80640 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell