Hayden, Colorado Property Taxes
The median property tax rate in Hayden, CO is 0.82%, which is lower than the national median of 0.99% but higher than the Colorado state median of 0.55%. With the median home value in Hayden at $249,290, the typical annual property tax bill reaches $1,860, falling below the national median of $2,690. Property taxes in Hayden are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Hayden'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 Hayden 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
Hayden, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.82%
Estimate Property Tax Bill
$2,044
Ownwell’s Hayden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hayden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hayden 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 Hayden, Colorado
Property taxes in Hayden, Colorado, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hayden is 0.82%, which is notably lower than the U.S. national median of 0.99%. Local government entities within Hayden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hayden 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 Hayden's effective property tax rate to other areas in Colorado and the national median. For comparison, the 81639 zip code has the highest median property tax rate of 0.82%, while the same zip code also has the lowest median tax rate of 0.82%. Understanding how these areas compare with Hayden provides valuable insights into the varying tax landscape across Routt County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hayden Tax Rate
0.82%
Average Routt County Tax Rate
0.38%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hayden, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81639 | 0.45% | 0.54% | 0.82% | 0.82% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Hayden, Colorado
In Hayden, 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 Routt County Assessor's Office 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 Hayden, 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 Hayden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Hayden is $249,290, with property tax bills ranging from $1,108 at the 25th percentile to $3,257 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 81639, standing at $1,860.
Average Hayden Assessed Value
$249,290
Average Routt County Assessed Value
$507,780
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hayden, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81639 | $35,360 | $163,205 | $249,290 | $352,920 | $431,606 |
Source: Ownwell
Property Tax Bills Across Hayden, Colorado
Property tax bills in Hayden, located in Routt County, CO, are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor and represents a percentage of the property's market value. For homeowners in Hayden, this process directly impacts their annual tax bills. Several factors influence the final tax bill, including the property's location, size, and condition. In Hayden, the median home price is $249,290, and property tax bills can vary significantly. For example, the 25th percentile tax bill is $1,108, while the 75th percentile tax bill is $2,704, and the 90th percentile tax bill reaches $3,257. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax burdens. Homeowners in Hayden should be aware of these factors as they can affect their financial planning and overall cost of homeownership. The highest and lowest median tax bills in this area are both $1,860, highlighting some consistency in tax assessments.
Average Hayden Tax Bill
$1,860
Average Routt County Tax Bill
$2,259
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Hayden, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81639 | $520 | $1,108 | $1,860 | $2,704 | $3,257 |
Source: Ownwell