Saguache County, Colorado Property Taxes
The median property tax rate in Saguache County is 0.66%, which is higher than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Saguache County, the typical annual property tax bill reaches $305, which is significantly lower than the national median of $2,690. Property taxes in Saguache County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Saguache County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Saguache or another part of Saguache County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saguache County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.66%
Estimate Property Tax Bill
$324
$300
Ownwell’s Saguache County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Saguache County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Saguache County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Saguache County, Colorado
Property taxes in Saguache County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Saguache County is 0.66%, which is lower than both the Colorado state median of 0.55% and the U.S. national median of 0.99%. Local government entities within Saguache County set these rates annually, and they can vary significantly between different areas within the county. Each year, Saguache County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Crestone has one of the higher property tax rates in Colorado at 0.91%, while the city of Gunnison boasts one of the lowest at 0.43%. Analyzing how Saguache County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Saguache County Tax Rate
0.66%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saguache County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Center | 0.45% | 0.53% | 0.66% | 0.66% | 0.81% |
| Crestone | 0.52% | 0.66% | 0.91% | 2.80% | 3.82% |
| Del Norte | 0.42% | 0.42% | 0.46% | 0.47% | 0.65% |
| Gunnison | 0.42% | 0.43% | 0.43% | 0.45% | 0.64% |
| Hooper | N/A | N/A | N/A | N/A | N/A |
| Moffat | 0.56% | 0.56% | 0.60% | 0.71% | 0.94% |
| Saguache | 0.37% | 0.58% | 0.71% | 0.72% | 0.80% |
| Sargents | 0.41% | 0.44% | 0.44% | 0.44% | 0.44% |
| Villa Grove | 0.45% | 0.57% | 0.57% | 0.58% | 0.62% |
Source: Ownwell
Property Tax Assessment Values Across Saguache County, Colorado
In Saguache County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Saguache County Appraisal District. The assessed value, however, 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. Assessment notices in Saguache County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the median home price in the county is $49,043, with tax bills ranging from $86 at the 25th percentile to $1,975 at the 90th percentile. Crestone has the highest median tax bill at $771, while Sargents has the lowest at $124. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Saguache County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Saguache County, Colorado
Source: Ownwell
$24,000
$65,482
$106,963
Average Saguache County Assessed Value
$49,043
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saguache County, Colorado
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Center | $2,881 | $12,282 | $32,616 | $68,354 | $141,934 |
| Crestone | $1,800 | $5,456 | $106,963 | $206,578 | $316,839 |
| Del Norte | $4,259 | $21,554 | $58,835 | $127,614 | $229,543 |
| Gunnison | $17,140 | $38,235 | $93,234 | $182,798 | $316,842 |
| Hooper | N/A | N/A | N/A | N/A | N/A |
| Moffat | $1,525 | $4,500 | $24,000 | $69,756 | $127,418 |
| Saguache | $5,843 | $19,713 | $55,502 | $100,518 | $180,720 |
| Sargents | $5,654 | $18,235 | $40,096 | $76,089 | $168,347 |
| Villa Grove | $4,959 | $19,595 | $62,323 | $152,242 | $246,389 |
Source: Ownwell
Property Tax Bills Across Saguache County, Colorado
In Saguache County, CO, property tax bills are calculated based on the assessed value of the property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. Several factors influence the assessed value, including property type, location, and market trends. Homeowners in Saguache County experience varied property tax bills. The median home price is $49,043, with tax bills ranging significantly. For instance, the 25th percentile tax bill is $86, while the 75th percentile tax bill reaches $858. At the higher end, the 90th percentile tax bill is $1,975. Crestone has the highest median tax bill at $771, whereas Sargents has the lowest at $124. These property taxes fund essential local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Understanding how property taxes are calculated helps homeowners anticipate their financial obligations and plan accordingly.
Average Saguache County Tax Bill
$305
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Saguache County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Center | $19 | $74 | $196 | $395 | $1,188 |
| Crestone | $68 | $165 | $771 | $1,680 | $2,523 |
| Del Norte | $20 | $99 | $259 | $546 | $1,138 |
| Gunnison | $110 | $178 | $405 | $873 | $1,443 |
| Hooper | N/A | N/A | N/A | N/A | N/A |
| Moffat | $11 | $25 | $162 | $461 | $857 |
| Saguache | $41 | $131 | $344 | $664 | $1,240 |
| Sargents | $23 | $81 | $124 | $416 | $798 |
| Villa Grove | $30 | $116 | $347 | $829 | $1,386 |
Source: Ownwell