Evergreen, Clear Creek County, Colorado Property Taxes
The median property tax rate in Evergreen, CO is 0.55%, aligning with the Colorado state median but significantly lower than the national median of 0.99%. With the median home value in Evergreen at $538,300, the typical annual property tax bill reaches $2,854, surpassing the national median of $2,690. Property taxes in Evergreen are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Evergreen'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 Evergreen 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
Evergreen, Clear Creek County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$2,961
$2,747
Ownwell’s Evergreen Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Evergreen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Evergreen 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 Evergreen, Clear Creek County, Colorado
Property taxes in Evergreen, Colorado, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Evergreen is 0.55%, which is lower than the U.S. national median of 0.99%. Local government entities within Evergreen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Evergreen 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 Evergreen's effective property tax rate to other counties in Colorado and the national median. For comparison, the 80439 zip code has the highest median property tax rate of 0.55%, while the same zip code also has the lowest median tax rate of 0.55%. Understanding how these areas compare with Evergreen provides valuable insights into the varying tax landscape across Clear Creek County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Evergreen Tax Rate
0.55%
Average Clear Creek County Tax Rate
0.54%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Evergreen, Clear Creek County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80439 | 0.46% | 0.51% | 0.55% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Evergreen, Clear Creek County, Colorado
In Evergreen, 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 Clear Creek 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 Evergreen, 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 Evergreen helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Evergreen is $2,854 in the 80439 zip code, while the lowest median tax bill is also $2,854 in the same zip code.
Property Tax Assessment Values Across Evergreen, Clear Creek County, Colorado
Source: Ownwell
$222,300
$380,300
$538,300
Average Evergreen Assessed Value
$538,300
Average Clear Creek County Assessed Value
$360,990
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Evergreen, Clear Creek County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80439 | $276,634 | $404,210 | $538,300 | $668,450 | $876,612 |
Source: Ownwell
Property Tax Bills Across Evergreen, Clear Creek County, Colorado
In Evergreen, located in Clear Creek County, CO, property tax bills are determined by several key factors. First, the county assesses the market value of a home, which serves as the basis for calculating property taxes. The assessment rate in Colorado is applied to this market value to determine the assessed value. The tax rate, or mill levy, is then applied to the assessed value to calculate the actual tax bill. For homeowners in Evergreen, the median home price stands at $538,300. Tax bills can vary significantly, with the 25th percentile at $2,114 and the 75th percentile reaching $3,565. At the 90th percentile, tax bills can be as high as $4,733. Notably, the highest median tax bill in the area is $2,854, which is considerably above the national median property tax rate of 0.99%. These property tax bills can impact homeowners by influencing their annual budgeting and potentially affecting property values over time. Understanding these components helps homeowners better prepare for their financial obligations.
Average Evergreen Tax Bill
$2,854
Average Clear Creek County Tax Bill
$1,938
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Evergreen, Clear Creek County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80439 | $1,434 | $2,114 | $2,854 | $3,565 | $4,733 |
Source: Ownwell