Conejos County, Colorado Property Taxes
The median property tax rate in Conejos County is 0.53%, which is notably lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Conejos County at $89,150, the typical annual property tax bill amounts to $545, significantly below the national median of $2,690. Property taxes in Conejos County are calculated based on the tax assessed value, which is often less than the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Conejos County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Manassa or another part of Conejos County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Conejos County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.53%
Estimate Property Tax Bill
$472
$438
Ownwell’s Conejos Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Conejos with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Conejos to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Conejos County, Colorado
Property taxes in Conejos County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Conejos County is 0.53%, which is lower than the U.S. national median of 0.99%. Local government entities within Conejos County set these rates annually, and they can vary significantly between different areas within the county. Each year, Conejos County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Conejos County's effective property tax rate with other regions in Colorado and the national median. For comparison, the city of Manassa has one of the higher property tax rates in Colorado at 0.64%, while the city of Capulin boasts one of the lowest at 0.49%. Analyzing how Conejos County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Conejos County Tax Rate
0.53%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Conejos County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alamosa | 0.50% | 0.51% | 0.58% | 1.48% | 3.51% |
| Antonito | 0.33% | 0.48% | 0.52% | 0.65% | 0.66% |
| Capulin | N/A | N/A | N/A | N/A | N/A |
| Conejos | N/A | N/A | N/A | N/A | N/A |
| La Jara | 0.31% | 0.44% | 0.52% | 0.62% | 1.06% |
| Manassa | 0.32% | 0.52% | 0.64% | 0.64% | 0.64% |
| Romeo | 0.30% | 0.59% | 0.59% | 0.59% | 0.73% |
| Sanford | 0.30% | 0.52% | 0.60% | 0.60% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Conejos County, Colorado
In Conejos County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Conejos County Appraisal District. The assessed value, however, 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. Assessment notices in Conejos County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Capulin has the highest median tax bill at $1,255, while Romeo has the lowest at $249. Being aware of these valuation processes in Conejos County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Conejos County Assessed Value
$89,150
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Conejos County, Colorado
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alamosa | $4,492 | $34,652 | $124,697 | $228,874 | $282,784 |
| Antonito | $8,790 | $34,434 | $90,000 | $190,844 | $330,646 |
| Capulin | N/A | N/A | N/A | N/A | N/A |
| Conejos | N/A | N/A | N/A | N/A | N/A |
| La Jara | $5,937 | $34,560 | $92,018 | $163,690 | $248,947 |
| Manassa | $20,327 | $55,375 | $100,254 | $159,356 | $216,697 |
| Romeo | $5,814 | $15,968 | $48,112 | $81,042 | $116,493 |
| Sanford | $5,018 | $22,602 | $90,733 | $151,594 | $239,843 |
Source: Ownwell
Property Tax Bills Across Conejos County, Colorado
In Conejos 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 this county is $89,150. Homeowners can expect their tax bills to vary significantly, influenced by factors such as property location, market conditions, and local tax rates. For instance, tax bills in the 25th percentile are around $262, while those in the 75th percentile reach up to $988. The 90th percentile tax bill can be as high as $1,677. Notably, Capulin has the highest median tax bill at $1,255, whereas Romeo has the lowest at $249. These variations can substantially impact homeowners, influencing their overall cost of living and financial planning. Compared to the national median property tax rate of 0.99%, Conejos County offers a range of tax bills that can be more or less burdensome depending on individual circumstances and property values.
Average Conejos County Tax Bill
$545
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Conejos County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alamosa | $143 | $496 | $1,102 | $2,339 | $6,838 |
| Antonito | $120 | $249 | $543 | $1,074 | $1,841 |
| Capulin | N/A | N/A | N/A | N/A | N/A |
| Conejos | N/A | N/A | N/A | N/A | N/A |
| La Jara | $128 | $278 | $565 | $1,000 | $1,722 |
| Manassa | $126 | $295 | $528 | $860 | $1,302 |
| Romeo | $37 | $94 | $249 | $477 | $690 |
| Sanford | $129 | $324 | $578 | $986 | $1,632 |
Source: Ownwell