Littleton, Colorado Property Taxes
The median property tax rate in Littleton, CO is 0.73%, considerably higher than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Littleton at $496,678, the typical annual property tax bill reaches $3,589, exceeding the national median of $2,690. Property taxes in Littleton are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Littleton'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 Littleton 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
Littleton, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$3,626
Ownwell’s Littleton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Littleton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Littleton 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 Littleton, Colorado
Property taxes in Littleton, Colorado, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Littleton is 0.73%, which is higher than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within Littleton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Littleton 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 Littleton's effective property tax rate to other areas in Colorado and the national median. For comparison, the 80125 zip code has the highest median property tax rate of 0.73%, while the 80124 zip code has the lowest median tax rate of 0.62%. Understanding how these areas compare with Littleton provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Littleton Tax Rate
0.73%
Average Douglas County Tax Rate
0.64%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Littleton, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80120 | N/A | N/A | N/A | N/A | N/A |
| 80124 | 0.47% | 0.48% | 0.62% | 0.62% | 0.62% |
| 80125 | 0.64% | 0.73% | 0.73% | 1.19% | 4.75% |
| 80126 | 0.63% | 0.63% | 0.63% | 0.70% | 0.70% |
| 80129 | 0.63% | 0.63% | 0.64% | 4.54% | 4.54% |
| 80130 | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Littleton, Colorado
In Littleton, 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 Douglas County Assessor 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 Littleton, 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 Littleton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in the area is $4,584 in the 80130 zip code, while the lowest is $2,516 in the 80124 zip code.
Average Littleton Assessed Value
$496,678
Average Douglas County Assessed Value
$496,355
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Littleton, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80120 | N/A | N/A | N/A | N/A | N/A |
| 80124 | $386,019 | $400,656 | $414,313 | $436,952 | $456,787 |
| 80125 | $61,653 | $365,751 | $479,176 | $638,684 | $801,470 |
| 80126 | $443,765 | $489,322 | $623,594 | $919,627 | $1,076,643 |
| 80129 | $48,684 | $48,684 | $502,186 | $537,868 | $559,552 |
| 80130 | $721,873 | $721,873 | $721,873 | $721,873 | $721,873 |
Source: Ownwell
Property Tax Bills Across Littleton, Colorado
In Littleton, located in Douglas County, CO, property tax bills are calculated based on the assessed value of a home, which is determined by multiplying the market value by the assessment rate. For residential properties, the assessment rate is currently set at 7.15%. This assessed value is then multiplied by the local mill levy to calculate the final tax bill. In Littleton, homeowners can expect to pay a median property tax bill that varies significantly, with the 25th percentile at $2,753 and the 75th percentile reaching $5,552. Several factors influence the property tax bill, including the home's market value, local government budget needs, and specific tax rates set by various taxing authorities. For homeowners, understanding these factors is crucial as they directly affect the annual financial obligation. Compared to the national median property tax rate of 0.99%, Littleton's property tax landscape illustrates the variability and potential financial impact on homeowners in this region.
Average Littleton Tax Bill
$3,589
Average Douglas County Tax Bill
$3,328
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Littleton, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80120 | N/A | N/A | N/A | N/A | N/A |
| 80124 | $1,888 | $2,155 | $2,516 | $2,716 | $2,856 |
| 80125 | $2,417 | $2,738 | $3,705 | $5,674 | $7,873 |
| 80126 | $2,932 | $3,278 | $4,189 | $5,840 | $6,836 |
| 80129 | $2,036 | $2,210 | $3,189 | $3,415 | $3,553 |
| 80130 | $4,584 | $4,584 | $4,584 | $4,584 | $4,584 |
Source: Ownwell