Fowler, Pueblo County, Colorado Property Taxes
The median property tax rate in Fowler, CO is 0.58%, slightly higher than the Colorado state median of 0.55% but still below the national median of 0.99%. With a median home value of $152,358 in Fowler, the typical annual property tax bill amounts to $665, which is significantly lower than the national median of $2,690. Property taxes in Fowler are calculated based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Fowler's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Fowler or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fowler, Pueblo County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.58%
Estimate Property Tax Bill
$884
$820
Ownwell’s Fowler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fowler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fowler 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 Fowler, Pueblo County, Colorado
Property taxes in Fowler, Colorado, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Fowler is 0.58%, which is significantly lower than both the Colorado state median of 0.55% and the U.S. national median of 0.99%. Local government entities within Fowler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fowler 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 Fowler's effective property tax rate to other counties in Colorado and the national median. For comparison, the 81025 zip code has the highest median property tax rate of 0.67%, while the 81039 zip code has the lowest median tax rate of 0.58%. Understanding how these cities compare with Fowler provides valuable insights into the varying tax landscape across Pueblo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fowler Tax Rate
0.58%
Average Pueblo County Tax Rate
0.69%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fowler, Pueblo County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81025 | N/A | N/A | N/A | N/A | N/A |
| 81039 | 0.33% | 0.57% | 0.58% | 0.72% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Fowler, Pueblo County, Colorado
In Fowler, 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 Pueblo 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 Fowler, 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 Fowler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Among the zip codes, 81025 has the highest median tax bill at $1018, while 81039 has the lowest at $625.
Property Tax Assessment Values Across Fowler, Pueblo County, Colorado
Source: Ownwell
$91,407
$187,971
$284,535
Average Fowler Assessed Value
$152,358
Average Pueblo County Assessed Value
$185,177
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fowler, Pueblo County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81025 | N/A | N/A | N/A | N/A | N/A |
| 81039 | $13,050 | $31,366 | $152,048 | $209,742 | $283,958 |
Source: Ownwell
Property Tax Bills Across Fowler, Pueblo County, Colorado
In Fowler, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The median home price in the area stands at $152,358. The tax rate in Pueblo County is applied to this assessed value to determine the tax bill. Factors such as property type, exemptions, and local tax levies also play a significant role in the final amount. Homeowners in Fowler can expect varying tax bills depending on their property's assessed value. For instance, those in the 25th percentile pay around $217, while those in the 75th percentile face a bill of approximately $1,220. At the 90th percentile, tax bills can reach up to $1,674. These figures highlight the range of property tax burdens within the city, influenced by both property values and applicable tax rates. Understanding these factors can help homeowners better anticipate their annual property tax obligations and plan accordingly.
Average Fowler Tax Bill
$665
Average Pueblo County Tax Bill
$1,150
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Fowler, Pueblo County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81025 | N/A | N/A | N/A | N/A | N/A |
| 81039 | $85 | $215 | $625 | $1,224 | $1,675 |
Source: Ownwell