Dolores County, Colorado Property Taxes
The median property tax rate in Dolores County is 0.48%, 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 Dolores County, the typical annual property tax bill reaches $568, far below the national median of $2,690. Property taxes in Dolores 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 Dolores 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 Dove Creek or another part of Dolores County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dolores County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$456
$423
Ownwell’s Dolores County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Dolores County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dolores 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 Dolores County, Colorado
Property taxes in Dolores County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dolores County is 0.48%, which is lower than both the Colorado state median of 0.51% and the U.S. national median of 0.99%. Local government entities within Dolores County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dolores 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. For comparison, the city of Rico has one of the higher property tax rates in Colorado at 0.60%, while the city of Redvale boasts one of the lowest at 0.40%. Analyzing how Dolores County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dolores County Tax Rate
0.48%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dolores County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cahone | 0.24% | 0.46% | 0.48% | 0.48% | 0.48% |
| Dolores | 0.40% | 0.40% | 0.42% | 0.42% | 0.42% |
| Dove Creek | 0.34% | 0.46% | 0.48% | 0.69% | 0.69% |
| Redvale | 0.40% | 0.40% | 0.40% | 0.42% | 0.42% |
| Rico | 0.48% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Dolores County, Colorado
In Dolores 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 Dolores 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 Dolores 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. Dolores boasts a wide range of tax bills, with Dolores city having the highest median tax bill at $1,532 and Cahone the lowest at $346. Being aware of these valuation processes in Dolores County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Dolores County, Colorado
Source: Ownwell
$63,270
$217,267
$371,263
Average Dolores County Assessed Value
$95,040
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dolores County, Colorado
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cahone | $9,384 | $35,046 | $73,105 | $137,325 | $184,421 |
| Dolores | $224,968 | $248,768 | $371,263 | $486,895 | $677,489 |
| Dove Creek | $6,432 | $21,239 | $63,270 | $106,681 | $152,625 |
| Redvale | $52,826 | $125,010 | $176,625 | $229,426 | $265,852 |
| Rico | $132,487 | $190,415 | $237,722 | $328,482 | $404,902 |
Source: Ownwell
Property Tax Bills Across Dolores County, Colorado
In Dolores County, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. Various factors such as property size, location, and improvements can influence the assessed value. For homeowners in Dolores County, the tax bill can vary significantly. The 25th percentile tax bill is around $310, while the 75th percentile tax bill is approximately $1,047. At the 90th percentile, homeowners might see tax bills as high as $1,752. These figures illustrate the range of property tax burdens that residents might experience. Comparatively, Dolores County's highest median tax bill is $1,532 in the city of Dolores, while the lowest is $346 in Cahone. This variation highlights how property tax bills can differ even within the same county, impacting homeowners differently based on their specific property characteristics and location.
Average Dolores County Tax Bill
$568
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690