Berthoud, Colorado Property Taxes
The median property tax rate in Berthoud, CO is 0.53%, which is lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Berthoud at $795,832, the typical annual property tax bill reaches $4,182, surpassing the national median of $2,690. Property taxes in Berthoud 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 Berthoud'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 Berthoud or another part of Weld County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Berthoud, Colorado Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,100
Ownwell’s Berthoud Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Berthoud with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Berthoud 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 Berthoud, Colorado
Property taxes in Berthoud, Colorado, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Berthoud is 0.53%, significantly lower than the U.S. national median of 0.99%. Local government entities within Berthoud set these rates annually, and they can vary significantly across different neighborhoods. Each year, Berthoud 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 Berthoud's effective property tax rate to other counties in Colorado and the national median. For comparison, the 80513 zip code has both the highest and the lowest median property tax rate of 0.53%. Understanding how these cities compare with Berthoud provides valuable insights into the varying tax landscape across Weld County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Berthoud Tax Rate
0.53%
Average Weld County Tax Rate
0.49%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Berthoud, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80513 | 0.44% | 0.49% | 0.53% | 0.55% | 0.58% |
Source: Ownwell
Property Tax Assessment Values Across Berthoud, Colorado
In Berthoud, 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 Weld 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 Berthoud, 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 Berthoud helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Berthoud are both $4,182 in the zip code 80513.
Average Berthoud Assessed Value
$795,832
Average Weld County Assessed Value
$452,949
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Berthoud, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80513 | $557,088 | $674,758 | $795,832 | $955,626 | $1,113,897 |
Source: Ownwell
Property Tax Bills Across Berthoud, Colorado
In Berthoud, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is a percentage of the property's market value. For instance, with a median home price of $795,832, the assessed value is used to calculate the property tax owed. The tax rate, combined with the assessed value, determines the annual tax bill. Homeowners in Berthoud can expect property tax bills that vary significantly. For example, the 25th percentile tax bill is around $3,505, while the 75th percentile tax bill reaches $4,967. At the 90th percentile, the tax bill can be as high as $5,988. Compared to the national median property tax rate of 0.99%, Berthoud's property tax rates can be higher due to the higher property values in the area. These taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents.
Average Berthoud Tax Bill
$4,182
Average Weld County Tax Bill
$2,133
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Berthoud, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80513 | $2,796 | $3,505 | $4,182 | $4,967 | $5,988 |
Source: Ownwell