Vilas, Baca County, Colorado Property Taxes
Median Vilas, CO effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%. Median Vilas, CO home value: $22,822. Median annual Vilas, CO tax bill: $224, $2,176 lower than the national median property tax bill of $2,400.
How are property taxes in Baca calculated?
Property taxes in Vilas, 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 Vilas’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Vilas, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Vilas, Baca County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.83%
Estimate Property Tax Bill
$124
$115
Ownwell’s Vilas Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Vilas with just two data points.
By entering your property's estimated assessed value, our calculator applies Vilas’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Baca County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Vilas, Baca County, Colorado
Local government entities are responsible for setting property tax rates, and these rates can vary significantly within a state. This variation occurs because each county, such as 08009 in Colorado, calculates its required budget annually to fund public services. This budget is then divided by the total assessed value of all taxable properties within the county, resulting in the property tax rate. While the process involves votes and legislation, this is the fundamental method used to determine rates each year.
In Vilas, located in 08009, the effective property tax rate is a key figure for comparison with other cities in Colorado and across the United States. With a median property tax rate of 0.85%, Vilas stands below the national median of 1.02%, offering potential savings for property owners compared to the national average. This lower rate can make Vilas an attractive location for those looking to reduce their property tax burden while still enjoying the benefits of local public services.
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 Vilas Tax Rate
0.83%
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 Baca County Tax Rate
0.70%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Vilas, Baca County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81087 | 0.83% | 0.83% | 0.83% | 0.93% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Vilas, Baca County, Colorado
When examining property taxes in Vilas, 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 Baca 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 Baca 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 Vilas.
For example, the median home price in Vilas is $22,822, with tax bills ranging significantly across the county. Zip code 81087 has the highest median home price at $22,822.
Property Tax Assessment Values Across Vilas, Baca County, Colorado
Source: Ownwell
$14,925
$15,664
$16,402
Median Vilas Market Value
$14,925
Median Baca County Market Value
$14,925
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Vilas, Baca County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81087 | $11,975 | $14,925 | $14,925 | $14,925 | $16,799 |
Source: Ownwell
Property Tax Bills Across Vilas, Baca County, Colorado
Median Vilas Tax Bill
$124
Median Baca County Tax Bill
$104
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Vilas, Baca County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81087 | $89 | $124 | $124 | $128 | $179 |
Source: Ownwell