La Salle, Colorado Property Taxes
The median property tax rate in La Salle, CO is 0.37%, significantly lower than both the national median of 0.99% and the Colorado state median of 0.55%. With a median home value of $385,553 in La Salle, the typical annual property tax bill amounts to $1,326, well below the national median of $2,690. Property taxes in La Salle are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding La Salle'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 La Salle 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
La Salle, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.37%
Estimate Property Tax Bill
$1,427
Ownwell’s LA SALLE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LA SALLE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LA SALLE 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 La Salle, Colorado
Property taxes in La Salle, Colorado, are essential for funding crucial local services like public schools, road maintenance, and emergency services. The median tax rate in La Salle is 0.37%, which is significantly lower than both the Colorado state median and the U.S. national median of 0.99%. Local government entities within La Salle set these rates annually, and they can vary significantly across different neighborhoods. Each year, La Salle 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 La Salle's effective property tax rate to other counties in Colorado and the national median. For comparison, the highest median property tax rate in Colorado is in zip code 80027 at 0.82%, while the lowest median tax rate is in zip code 80401 at 0.29%. Understanding how these cities compare with La Salle 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 La Salle Tax Rate
0.37%
Average Weld County Tax Rate
0.49%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across La Salle, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80645 | 0.21% | 0.26% | 0.37% | 0.38% | 0.39% |
Source: Ownwell
Property Tax Assessment Values Across La Salle, Colorado
In LA SALLE, 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'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. 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 LA SALLE helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in LA SALLE are both $1,326, found in zip code 80645.
Average La Salle Assessed Value
$385,553
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 La Salle, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80645 | $230,438 | $327,540 | $385,553 | $456,792 | $638,244 |
Source: Ownwell
Property Tax Bills Across La Salle, Colorado
In La Salle, CO, property tax bills are calculated based on the assessed value of a property, which is determined by the Weld County Assessor. The assessed value is a percentage of the property's market value. Once the assessed value is established, it is multiplied by the local tax rate to calculate the tax bill. For instance, with a median home price of $385,553, homeowners can expect their tax bills to vary. The tax bill ranges from the 25th percentile at $1,061 to the 75th percentile at $1,622, with the 90th percentile reaching up to $1,850. These figures indicate that La Salle's property taxes can significantly impact homeowners, especially when compared to the national median property tax rate of 0.99%. The highest and lowest median tax bills in the area both stand at $1,326, corresponding to the 80645 zip code. Understanding these factors can help homeowners anticipate their financial obligations and plan accordingly.
Average La Salle Tax Bill
$1,326
Average Weld County Tax Bill
$2,133
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across La Salle, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80645 | $757 | $1,061 | $1,326 | $1,622 | $1,850 |
Source: Ownwell