De Beque, Colorado Property Taxes
The median property tax rate in De Beque, CO is 0.26%, significantly lower than both the national median of 0.99% and the Colorado state median of 0.55%. With a median home value of $136,810 in De Beque, the typical annual property tax bill is $329, which is well below the national median of $2,690. Property taxes in De Beque are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding De Beque'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 De Beque or another part of Mesa County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
De Beque, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.26%
Estimate Property Tax Bill
$356
Ownwell’s De Beque Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in De Beque with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in De Beque 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 De Beque, Colorado
Property taxes in De Beque, Colorado, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in De Beque is 0.26%, significantly lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within De Beque set these rates annually, and they can vary significantly across different neighborhoods. Each year, De Beque 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 De Beque's effective property tax rate to other counties in Colorado and the national median. For comparison, the highest median property tax rate in the region is found in another Colorado locality, while the lowest median tax rate is also within the state. Understanding how these cities compare with De Beque provides valuable insights into the varying tax landscape across Mesa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average De Beque Tax Rate
0.26%
Average Mesa County Tax Rate
0.50%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across De Beque, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81630 | 0.13% | 0.19% | 0.26% | 0.26% | 0.31% |
Source: Ownwell
Property Tax Assessment Values Across De Beque, Colorado
In De Beque, 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 Mesa 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 De Beque, 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 De Beque helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in De Beque is $136,810, with tax bills ranging from $180 at the 25th percentile to $720 at the 90th percentile. The zip code 81630 has the highest and lowest median tax bill of $329.
Average De Beque Assessed Value
$136,810
Average Mesa County Assessed Value
$241,920
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across De Beque, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81630 | $27,692 | $70,605 | $136,810 | $187,258 | $289,896 |
Source: Ownwell
Property Tax Bills Across De Beque, Colorado
In De Beque, located in Mesa County, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the property's market value, and in Colorado, residential properties are assessed at 7.15% of their market value. For instance, with a median home price of $136,810, the assessed value would be approximately $9,779. The property tax rate in De Beque is then applied to this assessed value to determine the tax bill. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and local tax rates. Homeowners in De Beque can expect their tax bills to vary, with the 25th percentile paying around $180 and the 75th percentile paying about $453. The highest median tax bill recorded in the area is $329, which is significantly lower than the national median property tax rate of 0.99%. Understanding these components helps homeowners anticipate their tax obligations and plan accordingly.
Average De Beque Tax Bill
$329
Average Mesa County Tax Bill
$1,213
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across De Beque, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81630 | $73 | $180 | $329 | $453 | $720 |
Source: Ownwell