Logan County Property Taxes
The median property tax rate in Logan County is 0.57%, which is slightly higher than the Colorado state median of 0.55% but lower than the national median of 0.99%. With the median home value in Logan County, the typical annual property tax bill is $847, significantly below the national median of $2,690. Property taxes in Logan County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Logan 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 Sterling or another part of Logan County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Logan County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,100
Ownwell’s Logan County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Logan County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Logan 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 Logan County, Colorado
Property taxes in Logan County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Logan County is 0.57%, which is lower than the U.S. national median of 0.99%. Local government entities within Logan County set these rates annually, and they can vary significantly between different areas within the county. Each year, Logan 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 Akron has one of the higher property tax rates in Colorado at 0.75%, while the city of Padroni boasts one of the lowest at 0.53%. Analyzing how Logan County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Logan County Tax Rate
0.57%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Logan County, Colorado
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Akron | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
Atwood | 0.52% | 0.52% | 0.53% | 0.76% | 1.41% |
Crook | 0.53% | 0.72% | 0.73% | 1.62% | 3.25% |
Fleming | 0.44% | 0.56% | 0.63% | 0.64% | 0.97% |
Haxtun | 0.43% | 0.45% | 0.74% | 1.01% | 1.71% |
Iliff | 0.52% | 0.57% | 0.58% | 0.76% | 1.92% |
Merino | 0.47% | 0.48% | 0.58% | 0.65% | 1.03% |
Padroni | 0.50% | 0.52% | 0.53% | 0.80% | 1.25% |
Peetz | 0.41% | 0.56% | 0.66% | 0.78% | 0.95% |
Sterling | 0.52% | 0.54% | 0.57% | 0.57% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Logan County, Colorado
In Logan 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 Logan 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 Logan 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, the highest median tax bill in Logan County is found in Akron at $1,818, while the lowest is in Padroni at $498. Being aware of these valuation processes in Logan County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Logan County Assessed Value
$146,235
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Logan County, Colorado
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Akron | $243,810 | $243,810 | $243,810 | $243,810 | $243,810 |
Atwood | $29,924 | $103,805 | $177,130 | $263,480 | $404,706 |
Crook | $20,338 | $55,830 | $120,440 | $226,930 | $359,118 |
Fleming | $24,640 | $73,870 | $129,470 | $204,080 | $301,500 |
Haxtun | $78,074 | $104,802 | $160,300 | $224,502 | $331,437 |
Iliff | $5,044 | $40,680 | $115,960 | $208,810 | $361,136 |
Merino | $20,489 | $79,520 | $154,360 | $231,302 | $321,182 |
Padroni | $12,292 | $37,140 | $87,550 | $151,105 | $250,132 |
Peetz | $26,696 | $62,370 | $116,730 | $182,790 | $239,430 |
Sterling | $34,615 | $90,970 | $149,645 | $225,860 | $318,934 |
Source: Ownwell
Property Tax Bills Across Logan County, Colorado
In Logan County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $146,235, the tax bill can vary significantly. Homeowners in the 25th percentile might pay around $485 annually, while those in the 75th percentile could see bills as high as $1,298. The top 10% of homeowners might face tax bills nearing $1,936. Several factors influence these tax bills, including changes in property values and local tax rates. Compared to the national median property tax rate of 0.99%, Logan County's rates can be relatively moderate. The highest median tax bill in the region is $1,818 in Akron, while Padroni enjoys the lowest at $498. Understanding these elements helps homeowners anticipate their financial obligations and plan accordingly.
Average Logan County Tax Bill
$847
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Logan County, Colorado
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Akron | $1,818 | $1,818 | $1,818 | $1,818 | $1,818 |
Atwood | $157 | $556 | $1,106 | $1,914 | $3,628 |
Crook | $158 | $430 | $932 | $2,375 | $9,596 |
Fleming | $164 | $464 | $814 | $1,301 | $1,957 |
Haxtun | $367 | $626 | $1,058 | $1,576 | $4,640 |
Iliff | $30 | $235 | $690 | $1,559 | $5,911 |
Merino | $107 | $438 | $876 | $1,438 | $2,467 |
Padroni | $91 | $219 | $498 | $1,132 | $2,430 |
Peetz | $115 | $409 | $779 | $1,159 | $1,760 |
Sterling | $193 | $514 | $850 | $1,268 | $1,792 |
Source: Ownwell