Gunnison, Saguache County, Colorado Property Taxes
Median Gunnison, CO effective property tax rate: 0.43%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Gunnison, CO home value: $93,234
Median annual Gunnison, CO tax bill: $405, $1,995 lower than the national median property tax bill of $2,400.
How are property taxes in Saguache calculated?
Property taxes in Gunnison, 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 Gunnison’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gunnison, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gunnison, Saguache County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.43%
Estimate Property Tax Bill
$401
$372
Property Tax Rates Across Gunnison, Saguache County, Colorado
Local government entities determine tax rates, which can vary significantly within a state. Each county estimates its required budget for services annually and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Gunnison, located in county 08109, Colorado, the effective property tax rate stands at 0.43%. This rate is considerably lower than the national median property tax rate of 1.02%. The median property tax bill here is also less than the national median of $2400. This makes Gunnison an attractive place for property owners looking to minimize their tax expenses. Compared to other cities in Colorado, Gunnison's tax rate is notably competitive. Property owners can benefit from lower tax bills while still enjoying the services funded by these taxes. Understanding these rates and how they compare to national and state medians can provide valuable insights for current and prospective property owners.
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 Gunnison Tax Rate
0.43%
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 Saguache County Tax Rate
0.66%
Median Effective Colorado Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gunnison, Saguache County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81230 | 0.42% | 0.43% | 0.43% | 0.45% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Gunnison, Saguache County, Colorado
When examining property taxes in Gunnison, CO, 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 Saguache 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 Saguache 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 Gunnison. For example, the median home price in Gunnison is $93,234, with tax bills ranging significantly across the county. Zip code 81230 has the highest median home price at $93,234.
Property Tax Assessment Values Across Gunnison, Saguache County, Colorado
Source: Ownwell
$24,000
$65,482
$106,963
Median Gunnison Market Value
$93,234
Median Saguache County Market Value
$49,043
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gunnison, Saguache County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81230 | $17,140 | $38,235 | $93,234 | $182,798 | $316,842 |
Source: Ownwell
Property Tax Bills Across Gunnison, Saguache County, Colorado
In Gunnison, located in Saguache County, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the tax bill. For homeowners in Gunnison, the property tax bill can vary significantly. The 25th percentile tax bill is $178, while the 75th percentile reaches $873, and the 90th percentile climbs to $1,443. This variability in tax bills reflects differences in property values and local tax rates.
With a median home price of $93,234, Gunnison's property tax bills are generally lower than the national median property tax bill of $2,400. However, even with relatively lower tax bills, homeowners can benefit from appealing their property taxes. Ownwell offers services to help homeowners save on their property tax bills by identifying potential errors in assessments and ensuring that all eligible exemptions are applied. By leveraging expert knowledge, Ownwell can help homeowners in Gunnison reduce their property tax burden effectively.
Median Gunnison Tax Bill
$405
Median Saguache County Tax Bill
$305
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Gunnison, Saguache County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81230 | $110 | $178 | $405 | $873 | $1,443 |
Source: Ownwell