Pine Bluffs, Colorado Property Taxes
The median property tax rate in Pine Bluffs, CO is 0.13%, considerably lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Pine Bluffs at $220,979, the typical annual property tax bill reaches $285, which is significantly less than the national median of $2,690. Property taxes in Pine Bluffs 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 Pine Bluffs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Pine Bluffs or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pine Bluffs, 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 Pine Bluffs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pine Bluffs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pine Bluffs 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 Pine Bluffs, Colorado
Property taxes in Pine Bluffs, Colorado, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pine Bluffs is 0.13%, significantly lower than both the Colorado state median of 0.55% and the U.S. national median of 0.99%. Local government entities within Pine Bluffs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pine Bluffs 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. For comparison, the highest median property tax rate in Weld County is 0.55%, while the lowest median tax rate is 0.13%. Understanding how these cities compare with Pine Bluffs 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 Pine Bluffs Tax Rate
0.13%
Average Weld County Tax Rate
0.49%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pine Bluffs, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82082 | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% |
Source: Ownwell
Property Tax Assessment Values Across Pine Bluffs, Colorado
In Pine Bluffs, 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 Pine Bluffs, 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 Pine Bluffs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $285, found in the 82082 zip code.
Average Pine Bluffs Assessed Value
$220,979
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 Pine Bluffs, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82082 | $220,979 | $220,979 | $220,979 | $220,979 | $220,979 |
Source: Ownwell
Property Tax Bills Across Pine Bluffs, Colorado
In Pine Bluffs, CO, within Weld County, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. For example, with a median home price of $220,979, the assessed value is calculated by applying the county's assessment rate. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors influencing the tax bill include the home's market value, the local assessment rate, and the specific tax rate set by local authorities. In Pine Bluffs, homeowners experience a consistent tax bill, with amounts at the 25th, 75th, and 90th percentiles all being $285. This uniformity indicates a stable and predictable tax environment for residents. Compared to the national median property tax rate of 0.99%, Pine Bluffs offers a relatively low and predictable property tax, providing homeowners with financial stability and a clear understanding of their annual obligations.
Average Pine Bluffs Tax Bill
$285
Average Weld County Tax Bill
$2,133
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Pine Bluffs, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 82082 | $285 | $285 | $285 | $285 | $285 |
Source: Ownwell