Nederland, Colorado Property Taxes
The median property tax rate in Nederland, CO is 0.53%, significantly lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Nederland at $652,200, the typical annual property tax bill reaches $3,414, surpassing the national median of $2,690. Property taxes in Nederland 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 Nederland'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 Nederland 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
Nederland, Colorado Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,100
Ownwell’s Nederland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Nederland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Nederland 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 Nederland, Colorado
Property taxes in Nederland, Colorado, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Nederland is 0.53%, significantly lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within Nederland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Nederland 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 Nederland's effective property tax rate to other counties in Colorado and the national median. For comparison, the 80466 zip code has the highest and lowest median property tax rate of 0.53%. Understanding how these cities compare with Nederland 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 Nederland Tax Rate
0.53%
Average Boulder County Tax Rate
0.50%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nederland, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80466 | 0.41% | 0.46% | 0.53% | 0.61% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Nederland, Colorado
In Nederland, 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 Appraisal District 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 Nederland, 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. Nederland's median home price is $652,200, with tax bills ranging from $2,411 at the 25th percentile to $4,526 at the 75th percentile. The highest and lowest median tax bills are both $3,414 in the 80466 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Nederland Assessed Value
$652,200
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 Nederland, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80466 | $312,540 | $448,525 | $652,200 | $862,725 | $1,088,650 |
Source: Ownwell
Property Tax Bills Across Nederland, Colorado
In Nederland, located in Boulder County, CO, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Nederland is $652,200. To determine the tax bill, local tax rates are applied to the assessed value. Factors such as property location, home size, and any applicable exemptions play a significant role in this calculation. Homeowners in Nederland experience varying tax bills, with the 25th percentile at $2,411 and the 75th percentile at $4,526. The 90th percentile tax bill can reach up to $5,647. The median property tax rate in Nederland aligns closely with the national median of 0.99%, ensuring that homeowners pay a fair share relative to the value of their property. These property taxes support essential local services like schools, emergency services, and infrastructure, directly impacting the community's quality of life. Understanding how these factors influence tax bills can help homeowners better anticipate their annual financial obligations.
Average Nederland Tax Bill
$3,414
Average Boulder County Tax Bill
$3,545
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Nederland, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80466 | $1,591 | $2,411 | $3,414 | $4,526 | $5,647 |
Source: Ownwell