San Juan County, Colorado Property Taxes
The median property tax rate in San Juan County is 0.32%, significantly lower than both the national median of 0.99% and the Colorado state median of 0.55%. With a median home value of $239,932, the typical annual property tax bill in San Juan County is approximately $871, far below the national median of $2,690. Property taxes in San Juan County are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions, such as the primary residence and agricultural exemptions. Understanding San Juan 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 Silverton or another part of San Juan County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
San Juan County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.32%
Estimate Property Tax Bill
$768
$712
Ownwell’s San Juan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in San Juan with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in San Juan 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 San Juan County, Colorado
Property taxes in San Juan County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in San Juan County is 0.32%, which is significantly lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within San Juan County set these rates annually, and they can vary significantly between different areas within the county. Each year, San Juan 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. Analyzing how San Juan County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average San Juan County Tax Rate
0.32%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across San Juan County, Colorado
In San Juan 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 San Juan 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 San Juan 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. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Durango has the highest median tax bill at $1,646, while Silverton has the lowest at $706. Being aware of these valuation processes in San Juan 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 San Juan County, Colorado
Source: Ownwell
$220,595
$383,452
$546,308
Average San Juan County Assessed Value
$239,932
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Bills Across San Juan County, Colorado
In San Juan 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 a percentage of the home's market value, and this percentage can vary. Once the assessed value is established, it is multiplied by the local tax rate to determine the tax bill. Several factors influence the final tax bill, including the home's location, size, and any applicable exemptions or deductions. Homeowners in San Juan County experience varying tax bills. For instance, the 25th percentile tax bill is around $612, while the 75th percentile reaches approximately $1,308. The 90th percentile tax bill can go up to $1,647. Comparatively, the highest median tax bill in Durango is $1,646, whereas Silverton has the lowest at $706. These variations affect homeowners differently, impacting their financial planning and overall cost of living. Understanding these factors can help homeowners anticipate their property tax obligations more accurately.
Average San Juan County Tax Bill
$871
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690