Cheyenne County, Colorado Property Taxes

Name: Property Tax Bills Across Cheyenne County, Colorado
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Cheyenne County effective property tax rate: 0.66%, significantly lower than the national median of 1.02%. Median Cheyenne County home value: $55,241. Median annual Cheyenne County tax bill: $407, $1,993 lower than the national median property tax bill of $2,400.

How are property taxes in Cheyenne County calculated?

Property taxes in Cheyenne County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Kit Carson or another part of Cheyenne County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cheyenne County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$365

$338

Ownwell’s Cheyenne County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cheyenne County with just two data points. By entering your property's estimated assessed value, our calculator applies Cheyenne County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Cheyenne County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cheyenne County, Colorado

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Cheyenne County's effective property tax rate to other counties in Colorado or the U.S. median property tax rate. Cheyenne County has a median property tax rate of 0.66%, which is significantly lower than the national median of 1.02%. Within Cheyenne County, Cheyenne Wells holds the highest median tax rate at 0.66%, while Kit Carson has the lowest at 0.55%. This makes Cheyenne County an attractive option for property owners seeking lower tax rates compared to the national average. Understanding these differences can help property owners make informed decisions about where to buy or invest in real estate.

Property Tax Rates Across Cheyenne County, Colorado

Source: Ownwell

0.55%

0.61%

0.66%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Cheyenne County Tax Rate

0.66%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cheyenne County, Colorado

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Arapahoe	0.34%	0.34%	0.57%	0.90%	1.03%
Cheyenne Wells	0.34%	0.58%	0.66%	0.66%	0.67%
Kit Carson	0.54%	0.55%	0.55%	0.82%	1.02%
Wild Horse	0.43%	0.43%	0.62%	0.88%	1.19%
Brandon	N/A	N/A	N/A	N/A	N/A
Eads	N/A	N/A	N/A	N/A	N/A
Haswell	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Cheyenne County, Colorado

When examining property taxes in Cheyenne County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cheyenne County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Cheyenne County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cheyenne County. For example, the median tax bill in Cheyenne County is $494, with tax bills ranging significantly across the county. Arapahoe has the highest median home price at $74,098.

Property Tax Assessment Values Across Cheyenne County, Colorado

Source: Ownwell

$36,898

$55,498

$74,098

Median Cheyenne County Market Value

$55,241

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cheyenne County, Colorado

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Arapahoe	$5,442	$18,422	$74,098	$134,597	$199,172
Cheyenne Wells	$7,172	$20,618	$65,054	$137,467	$237,261
Kit Carson	$5,656	$14,897	$42,673	$88,254	$135,101
Wild Horse	$5,878	$13,824	$36,907	$81,258	$141,226
Brandon	N/A	N/A	N/A	N/A	N/A
Eads	N/A	N/A	N/A	N/A	N/A
Haswell	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Cheyenne County, Colorado

In Cheyenne County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. The median home price in Cheyenne County is $55,241. Homeowners can expect a property tax bill at the 25th percentile to be around $182, while those at the 75th percentile might see a bill closer to $783. For those at the 90th percentile, the tax bill can reach $1,404. These figures are notably lower than the national median property tax bill of $2,400. The highest median tax bill in the region is found in Arapahoe, with a value of $494, while Kit Carson has the lowest at $330. These tax bills impact homeowners by influencing their annual housing costs and potentially affecting their overall financial planning. Understanding these factors is crucial for homeowners in managing their budgets and anticipating future property tax obligations.

Property Tax Bills Across Cheyenne County, Colorado

Source: Ownwell

$330

$412

$494

Median Cheyenne County Tax Bill

$407

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Cheyenne County, Colorado

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Arapahoe	$49	$131	$494	$1,063	$1,701
Cheyenne Wells	$68	$198	$412	$772	$1,430
Kit Carson	$56	$159	$330	$614	$1,110
Wild Horse	$48	$159	$392	$843	$1,452
Brandon	N/A	N/A	N/A	N/A	N/A
Eads	N/A	N/A	N/A	N/A	N/A
Haswell	N/A	N/A	N/A	N/A	N/A

Source: Ownwell