Ramah, Lincoln County, Colorado Property Taxes

Name: Property Tax Bills Across Ramah, Lincoln County, Colorado
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Ramah, CO effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Ramah, CO home value: $86,886
Median annual Ramah, CO tax bill: $449, $1,951 lower than the national median property tax bill of $2,400.

How are property taxes in Lincoln County calculated?

Property taxes in Ramah, CO are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Ramah’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ramah, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Ramah, Lincoln County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.61%

Estimate Property Tax Bill

$530

$492

Ownwell’s Ramah Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ramah with just two data points. By entering your property's estimated assessed value, our calculator applies Ramah’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lincoln County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Ramah, Lincoln County, Colorado

Local government entities determine property tax rates, which can significantly differ within a state. This variation is due to the annual budgetary requirements of each county. They estimate the needed budget to provide essential services and divide it by the total assessed value of all taxable properties in their jurisdiction, resulting in the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is essentially the annual procedure.

In Ramah, located in Lincoln County, Colorado, the effective property tax rate can be compared to other cities within the state and the national average. With a median property tax rate of 0.61%, it is notably lower than the national median of 1.02%. This makes Ramah an attractive location for property owners seeking lower tax burdens. Understanding these rates is crucial for homeowners and potential buyers as they navigate the financial implications of property ownership. Comparing these rates to both state and national averages provides valuable insight into the local real estate market and can aid in making informed property investment decisions.

Property Tax Rates Across Ramah, Lincoln County, Colorado

Source: Ownwell

0.48%

0.60%

0.72%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Ramah Tax Rate

0.61%

Median Effective Lincoln County Tax Rate

0.60%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ramah, Lincoln County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80832	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Ramah, Lincoln County, Colorado

When examining property taxes in Ramah, Colorado, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lincoln County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Lincoln County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Ramah.

For example, the median home price in Ramah is $86,886, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Ramah, Lincoln County, Colorado

Source: Ownwell

$64,047

$99,746

$135,444

Median Ramah Market Value

$86,886

Median Lincoln County Market Value

$108,229

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ramah, Lincoln County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80832	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Ramah, Lincoln County, Colorado

In Ramah, located in Lincoln County, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the home's market value, local tax rates, and any applicable exemptions or deductions are considered in this calculation. The median property tax bill in Ramah is notably lower than the national median, with the 25th percentile at $171 and the 75th percentile at $679, compared to the national median tax bill of $2400. However, even with lower tax bills, homeowners can benefit from ensuring they're not overpaying. Ownwell assists homeowners by reviewing their property assessments and identifying potential savings through appeals or exemptions. By leveraging expert knowledge and local insights, Ownwell helps homeowners navigate the complexities of property taxes, ensuring they pay only their fair share and potentially saving hundreds of dollars annually.

Property Tax Bills Across Ramah, Lincoln County, Colorado

Source: Ownwell

$313

$542

$771

Median Ramah Tax Bill

$449

Median Lincoln County Tax Bill

$650

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Ramah, Lincoln County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80832	N/A	N/A	N/A	N/A	N/A

Source: Ownwell