Morgan County, Colorado Property Taxes

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

Median Morgan County effective property tax rate: 0.57%, significantly lower than the national median of 1.02%.
Median Morgan County home value: $211,955
Median annual Morgan County tax bill: $1,191, $1,209 lower than the national median property tax bill of $2,400.

How are property taxes in Morgan County calculated?

Property taxes in Morgan County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in a city like Fort Morgan or another part of Morgan County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Morgan County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.57%

Estimate Property Tax Bill

$1,208

$1,121

Ownwell’s Morgan County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Morgan County with just two data points. By entering your property's estimated assessed value, our calculator applies Morgan County’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 more 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 Morgan County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Morgan County, Colorado

Local government entities in Colorado set tax rates, leading to significant variations across the state. Each year, counties calculate their required budget to provide essential services and divide it by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While voting and legislation play a role in setting these rates and budgets, this is the annual process in a nutshell.

Morgan County's effective property tax rate offers a glimpse into the broader landscape of property taxation in Colorado. With a median tax rate of 0.57%, Morgan County's rate is noticeably lower than the national median property tax rate of 1.02%. This difference can translate into substantial savings for property owners in the county. For context, the highest median tax rate in Colorado is found in Hillrose at 0.77%, while Orchard boasts the lowest at 0.46%. Comparing these figures to the national landscape highlights the potential financial benefits for property owners in Morgan County, making it an attractive region for those seeking lower property tax burdens.

Property Tax Rates Across Morgan County, Colorado

Source: Ownwell

0.46%

0.62%

0.77%

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 Morgan County Tax Rate

0.57%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Morgan County, Colorado

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Brush	0.43%	0.64%	0.72%	0.72%	0.72%
Fort Morgan	0.36%	0.51%	0.57%	0.57%	0.59%
Hillrose	0.39%	0.67%	0.77%	0.78%	0.99%
Log Lane Village	0.35%	0.59%	0.59%	0.59%	0.59%
Merino	0.51%	0.62%	0.71%	0.78%	1.01%
Orchard	0.35%	0.46%	0.46%	0.52%	0.85%
Snyder	0.49%	0.66%	0.72%	0.79%	1.31%
Weldona	0.38%	0.46%	0.46%	0.48%	0.72%
Wiggins	0.53%	0.53%	0.75%	0.75%	0.76%
New Raymer	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Morgan County, Colorado

When examining property taxes in Morgan County, 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 Morgan County Assessor 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. Assessment notices: In Morgan 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 Morgan County. For example, the median tax bill in Morgan County is $1,884.00, with tax bills ranging significantly across the county. Wiggins has the highest median home price at $294,865.00.

Property Tax Assessment Values Across Morgan County, Colorado

Source: Ownwell

$109,470

$202,168

$294,865

Median Morgan County Market Value

$211,955

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Morgan County, Colorado

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Brush	$48,469	$124,118	$187,825	$276,142	$385,856
Fort Morgan	$33,674	$157,742	$219,845	$292,415	$400,330
Hillrose	$6,960	$48,282	$111,075	$212,610	$308,736
Log Lane Village	$21,830	$45,675	$109,470	$144,185	$184,575
Merino	$74,670	$95,715	$171,730	$235,065	$260,080
Orchard	$24,764	$78,090	$198,350	$309,850	$379,568
Snyder	$16,296	$70,770	$155,330	$292,710	$402,980
Weldona	$4,824	$43,125	$189,995	$328,352	$430,918
Wiggins	$90,789	$201,828	$294,865	$370,660	$468,757
New Raymer	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Morgan County, Colorado

In Morgan County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. The local tax rate is then applied to this assessed value to determine the tax bill. For homeowners in Morgan County, the median home price is $211,955, which influences the final tax amount significantly. The tax bill at the 25th percentile is $718, while at the 75th percentile, it climbs to $1,759, indicating a wide range of property tax burdens depending on the home's value and location. The highest median tax bill in the county is $1,884 in Wiggins, while the lowest is $513 in Log Lane Village. Compared to the national median property tax bill of $2,400, Morgan County's tax bills are generally lower, offering some relief to homeowners. However, these taxes still represent a significant expense, impacting overall affordability and influencing decisions on property investments and homeownership in the county.

Property Tax Bills Across Morgan County, Colorado

Source: Ownwell

$513

$1,199

$1,884

Median Morgan County Tax Bill

$1,191

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Morgan County, Colorado

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Brush	$339	$782	$1,242	$1,896	$2,584
Fort Morgan	$209	$769	$1,151	$1,572	$2,175
Hillrose	$52	$322	$735	$1,448	$2,761
Log Lane Village	$130	$262	$513	$814	$1,078
Merino	$437	$675	$1,343	$1,836	$2,182
Orchard	$84	$294	$904	$1,497	$2,060
Snyder	$115	$517	$1,156	$2,082	$2,911
Weldona	$22	$197	$877	$1,517	$2,329
Wiggins	$558	$1,266	$1,884	$2,354	$2,891
New Raymer	N/A	N/A	N/A	N/A	N/A

Source: Ownwell