Kiowa County Property Taxes
The median property tax rate in Kiowa County is 0.98%, which is slightly lower than the national median of 0.99% but significantly higher than the Colorado state median of 0.55%. With the median home value in Kiowa County, the typical annual property tax bill is $440, well below the national median of $2,690. Property taxes in Kiowa 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 Kiowa 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 Eads or another part of Kiowa County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kiowa County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$469
$435
Ownwell’s Kiowa County Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential owners to estimate their annual property taxes in Kiowa County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Kiowa County to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to more localized informational pages. Your property's assessed value is the value assigned by the county for property tax calculations, taking into account any exemptions you may have.
Property Tax Rates Across Kiowa County, Colorado
Property taxes in Kiowa County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Kiowa County is 0.98%, which is lower than the Colorado state median of 0.51% but closely aligns with the U.S. national median of 0.99%. Local government entities within Kiowa County set these rates annually, and they can vary significantly between different areas within the county. Each year, Kiowa 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 Arlington has one of the higher property tax rates in Colorado at 1.74%, while the city of Towner boasts one of the lowest at 0.61%. Analyzing how Kiowa County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Kiowa County Tax Rate
0.98%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Kiowa County, Colorado
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Kiowa County, CO. 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 Kiowa 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 Kiowa 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, Arlington has the highest median tax bill at $801, while Haswell has the lowest at $173. Being aware of these valuation processes in Kiowa County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Kiowa County Assessed Value
$47,865
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kiowa County, Colorado
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Arlington | $51,846 | $60,477 | $74,864 | $89,250 | $97,882 |
Brandon | $11,671 | $20,724 | $35,806 | $60,698 | $89,969 |
Eads | $10,438 | $22,733 | $52,086 | $91,079 | $135,828 |
Haswell | $4,815 | $9,909 | $23,458 | $50,552 | $75,499 |
Sheridan Lake | $2,797 | $7,575 | $27,358 | $71,703 | $133,180 |
Towner | $14,987 | $28,766 | $36,503 | $101,210 | $115,182 |
Wiley | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Kiowa County, Colorado
In Kiowa County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The county's median home price stands at $47,865. Homeowners' tax bills can vary significantly, with the 25th percentile tax bill at $211 and the 75th percentile reaching $719. The 90th percentile tax bill can be as high as $1,244, reflecting the wide range of property values and tax rates within the county. Compared to the national median property tax rate of 0.99%, Kiowa County's rates may seem relatively modest, but they still significantly impact homeowners, particularly those with higher-valued properties. Factors such as the property's location, improvements, and any applicable exemptions also play a role in determining the final tax bill. For instance, Arlington has the highest median tax bill at $801, while Haswell has the lowest at $173, illustrating the variability within the county itself. This variability underscores the importance of understanding local property tax regulations and assessments.
Average Kiowa County Tax Bill
$440
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690