Windsor, Colorado Property Taxes
The median property tax rate in Windsor, CO is 0.75%, which is lower than the national median of 0.99% but higher than the Colorado state median of 0.55%. With a median home value of $604,900 in Windsor, the typical annual property tax bill is $4,660, significantly surpassing the national median of $2,690. Property taxes in Windsor are determined based on the assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Windsor'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 Windsor or another part of Larimer County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Windsor, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$4,537
$4,210
Ownwell’s Windsor Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Windsor with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Windsor to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in more detailed information, you can find trends and localized data by scrolling down. Your property’s assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Windsor, Colorado
Property taxes in Windsor, Colorado, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windsor is 0.75%, lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within Windsor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windsor 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 Windsor's effective property tax rate to other counties in Colorado and the national median. For comparison, the 80550 zip code has the highest median property tax rate of 0.91%, while 80528 has the lowest median tax rate of 0.74%. Understanding how these cities compare with Windsor provides valuable insights into the varying tax landscape across Weld County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Windsor Tax Rate
0.75%
Average Larimer County Tax Rate
0.66%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windsor, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80528 | 0.60% | 0.74% | 0.74% | 0.75% | 1.04% |
| 80550 | 0.64% | 0.66% | 0.91% | 0.93% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Windsor, Colorado
In Windsor, 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 Larimer County 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 Windsor, 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. Windsor's highest median tax bill is $5,029 in the 80550 zip code, while the lowest median tax bill is $4,013 in the 80528 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Windsor Assessed Value
$604,900
Average Larimer County Assessed Value
$394,000
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Windsor, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80528 | $401,780 | $454,400 | $536,900 | $615,775 | $706,890 |
| 80550 | $453,820 | $546,600 | $623,200 | $701,000 | $780,320 |
Source: Ownwell
Property Tax Bills Across Windsor, Colorado
In Windsor, Larimer County, CO, property tax bills are determined by assessing the market value of a home and applying the local tax rate to that value. For example, with a median home price of $604,900, homeowners can expect varying tax bills based on specific factors such as property location and assessed value. The tax bill at the 25th percentile is approximately $3,715, while those at the 75th percentile may see bills around $5,832. At the 90th percentile, tax bills can reach up to $6,782. Several factors influence these amounts, including the home's assessed value, the local tax rate, and any applicable exemptions or deductions. Windsor's property tax rates are competitive compared to the national median property tax rate of 0.99%. This means that homeowners in Windsor might find their property tax bills relatively manageable, contributing to the overall affordability and appeal of living in this part of Larimer County.
Average Windsor Tax Bill
$4,660
Average Larimer County Tax Bill
$2,461
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Windsor, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80528 | $2,544 | $3,314 | $4,013 | $4,659 | $5,294 |
| 80550 | $3,224 | $3,937 | $5,029 | $6,063 | $6,997 |
Source: Ownwell