Craig, Moffat County, Colorado Property Taxes

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

Median Craig, CO effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Craig, CO home value: $148,379
Median annual Craig, CO tax bill: $827, $1,573 lower than the national median property tax bill of $2,400.

How are property taxes in Moffat County calculated?

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

Last Updated March 1, 2025

Craig, Moffat County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.59%

Estimate Property Tax Bill

$875

$812

Ownwell’s Craig Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Craig with just two data points.

By entering your property's estimated assessed value, our calculator applies Craig’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 Moffat County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Craig, Moffat County, Colorado

Local government entities establish tax rates, which can differ significantly within a state. Each year, counties determine their budget needs for services and divide this by the total value of all taxable properties in their jurisdiction, resulting in the property tax rate. This process, while influenced by votes and laws, is fundamentally how tax rates and budgets are set annually.

Craig in Moffat County, Colorado, stands out with its effective property tax rate. When compared to other cities in Colorado and against the median property tax rates across the state and the nation, Craig's rate is notably distinct. With the national median property tax rate at 1.02%, Craig's rate is considerably lower, providing a financial advantage to its property owners. This lower tax rate can be a significant factor for potential homeowners or investors considering property in Craig, as it may lead to substantial savings in property tax bills. In contrast to the national median property tax bill of $2400, Craig's property owners benefit from a more favorable tax environment, making it an attractive location for both residential and investment purposes.

Property Tax Rates Across Craig, Moffat County, Colorado

Source: Ownwell

0.43%

0.54%

0.65%

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 Craig Tax Rate

0.59%

Median Effective Moffat County Tax Rate

0.59%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Craig, Moffat County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
81625	0.31%	0.45%	0.59%	0.59%	0.59%
81626	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Craig, Moffat County, Colorado

When examining property taxes in Craig, 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 Moffat 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 Moffat County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Craig. For example, the median home price in Craig is $148,379, with tax bills ranging significantly across the county. 81625 has the highest median home price at $148,569.

Property Tax Assessment Values Across Craig, Moffat County, Colorado

Source: Ownwell

$39,964

$94,267

$148,569

Median Craig Market Value

$148,379

Median Moffat County Market Value

$139,471

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Craig, Moffat County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
81625	$14,257	$77,173	$148,569	$210,950	$281,269
81626	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Craig, Moffat County, Colorado

In Craig, located in Moffat County, CO, property tax bills are primarily calculated based on the assessed value of a home. The assessed value is a percentage of the property's market value, which is determined by the local assessor's office. Homeowners in Craig face a median property tax bill of $828, significantly lower than the national median of $2,400. Despite this, property taxes can still be a burden, especially for those with tax bills reaching up to $1,488 at the 90th percentile. Factors influencing the tax bill include the property's location, size, and any applicable exemptions or deductions. These elements can cause variations in the tax burden across different homeowners. Ownwell offers valuable assistance in this area by providing property tax appeal services to help homeowners reduce their tax bills. By analyzing property assessments and identifying potential errors or opportunities for exemptions, Ownwell can help homeowners in Craig save money and ensure they are not overpaying on their property taxes.

Property Tax Bills Across Craig, Moffat County, Colorado

Source: Ownwell

$269

$549

$828

Median Craig Tax Bill

$827

Median Moffat County Tax Bill

$783

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Craig, Moffat County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
81625	$313	$509	$828	$1,183	$1,489
81626	N/A	N/A	N/A	N/A	N/A

Source: Ownwell