Hygiene, Colorado Property Taxes
The median property tax rate in Hygiene, CO is 0.42%, considerably lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Hygiene, the typical annual property tax bill reaches $4,447, exceeding the national median of $2,690. Property taxes in Hygiene are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Hygiene'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 Hygiene 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
Hygiene, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.42%
Estimate Property Tax Bill
$4,489
$4,166
Ownwell’s Hygiene Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hygiene with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hygiene 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 Hygiene, Colorado
Property taxes in Hygiene, Colorado, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hygiene is 0.42%, significantly lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within Hygiene set these rates annually, and they can vary across different neighborhoods. Each year, Hygiene 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 Hygiene's effective property tax rate to other counties in Colorado and the national median. For comparison, the 80533 zip code has both the highest and lowest median property tax rate of 0.42%. Understanding how these cities compare with Hygiene provides valuable insights into the varying tax landscape across Boulder County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hygiene Tax Rate
0.42%
Average Boulder County Tax Rate
0.50%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hygiene, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80533 | 0.42% | 0.42% | 0.42% | 0.42% | 0.42% |
Source: Ownwell
Property Tax Assessment Values Across Hygiene, Colorado
In Hygiene, 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 Boulder 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 Hygiene, 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 Hygiene helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Hygiene is $1,068,800, with the highest and lowest median tax bills both at $4,447 in the 80533 zip code.
Average Hygiene Assessed Value
$1,068,800
Average Boulder County Assessed Value
$722,900
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hygiene, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80533 | $1,068,800 | $1,068,800 | $1,068,800 | $1,068,800 | $1,068,800 |
Source: Ownwell
Property Tax Bills Across Hygiene, Colorado
In Hygiene, located in Boulder County, CO, property tax bills are determined based on the assessed value of a home, which is calculated as a percentage of its market value. The median home price in Hygiene is $1,068,800, and property taxes are calculated using the county's tax rate. For homeowners in Hygiene, the 25th, 75th, and 90th percentile tax bills are all $4,447, reflecting a consistent tax burden across different property values in the area. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Boulder County's property taxes can significantly impact homeowners, given the high median home values. This consistency in tax bills suggests a uniform application of tax rates across different property values, ensuring that homeowners are taxed fairly based on their property's assessed value.
Average Hygiene Tax Bill
$4,447
Average Boulder County Tax Bill
$3,545
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Hygiene, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80533 | $4,447 | $4,447 | $4,447 | $4,447 | $4,447 |
Source: Ownwell