Delta County, Colorado Property Taxes
The median property tax rate in Delta County is 0.45%, which is significantly lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Delta County, the typical annual property tax bill is $931, far below the national median of $2,690. Property taxes in Delta County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Delta County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Delta or another part of Delta County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Delta County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.45%
Estimate Property Tax Bill
$901
$836
Ownwell’s Delta County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Delta County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Delta County 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 Delta County, Colorado
Property taxes in Delta County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Delta County is 0.45%, which is lower than the U.S. national median of 0.99%. Local government entities within Delta County set these rates annually, and they can vary significantly between different areas within the county. Each year, Delta 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 Delta County's effective property tax rate with other counties in Colorado and the national median. For comparison, the city of Somerset has one of the higher property tax rates in Colorado at 0.65%, while the city of Eckert boasts one of the lowest at 0.42%. Analyzing how Delta County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Delta County Tax Rate
0.45%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Delta County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Austin | 0.34% | 0.42% | 0.48% | 0.55% | 0.68% |
| Cedaredge | 0.27% | 0.42% | 0.42% | 0.47% | 0.47% |
| Crawford | 0.30% | 0.43% | 0.45% | 0.50% | 0.75% |
| Delta | 0.26% | 0.45% | 0.45% | 0.45% | 0.46% |
| Eckert | 0.24% | 0.42% | 0.42% | 0.42% | 0.49% |
| Hotchkiss | 0.30% | 0.43% | 0.45% | 0.52% | 0.61% |
| Lazear | N/A | N/A | N/A | N/A | N/A |
| Paonia | 0.29% | 0.44% | 0.44% | 0.50% | 0.53% |
| Somerset | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Delta County, Colorado
In Delta 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 Delta 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 Delta 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 example, the city with the highest median tax bill is Somerset at $1,594, while Lazear has the lowest at $597. Being aware of these valuation processes in Delta County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Delta County Assessed Value
$200,311
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Delta County, Colorado
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Austin | $26,695 | $127,319 | $215,928 | $306,953 | $377,242 |
| Cedaredge | $28,929 | $123,832 | $220,417 | $319,286 | $433,347 |
| Crawford | $8,002 | $75,049 | $199,812 | $312,618 | $451,526 |
| Delta | $11,304 | $115,893 | $186,994 | $262,700 | $351,341 |
| Eckert | $63,181 | $146,018 | $212,437 | $279,615 | $355,905 |
| Hotchkiss | $9,940 | $103,396 | $187,954 | $290,807 | $415,695 |
| Lazear | N/A | N/A | N/A | N/A | N/A |
| Paonia | $42,224 | $143,617 | $220,702 | $301,675 | $397,316 |
| Somerset | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Delta County, Colorado
In Delta County, CO, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is typically a percentage of the property's market value, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $200,311, homeowners can expect varying tax bills. The 25th percentile tax bill is around $599, while the 75th percentile reaches up to $1,337, and the 90th percentile can be as high as $1,843. These tax bills reflect the financial responsibility homeowners have towards local services such as schools, infrastructure, and public safety. Compared to the national median property tax rate of 0.99%, Delta County offers relatively moderate tax rates, making it an attractive option for homeowners seeking affordability. Notably, the highest median tax bill in the county is $1,594 in Somerset, whereas Lazear has the lowest at $597, highlighting the variability within the county.
Average Delta County Tax Bill
$931
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Delta County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Austin | $413 | $679 | $1,104 | $1,589 | $2,083 |
| Cedaredge | $363 | $588 | $952 | $1,388 | $1,862 |
| Crawford | $289 | $522 | $1,024 | $1,630 | $2,397 |
| Delta | $358 | $569 | $863 | $1,221 | $1,651 |
| Eckert | $365 | $590 | $867 | $1,174 | $1,552 |
| Hotchkiss | $343 | $612 | $959 | $1,423 | $2,034 |
| Lazear | N/A | N/A | N/A | N/A | N/A |
| Paonia | $417 | $687 | $1,036 | $1,416 | $1,922 |
| Somerset | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell