Lafayette, Boulder County, Colorado Property Taxes

Name: Property Tax Bills Across Lafayette, Boulder County, Colorado
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Lafayette, CO effective property tax rate: 0.47%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Lafayette, CO home value: $643,700
Median annual Lafayette, CO tax bill: $3,000, $600 higher than the national median property tax bill of $2,400.

How are property taxes in Boulder calculated?

Property taxes in Lafayette, 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 Lafayette’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lafayette, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lafayette, Boulder County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.47%

Estimate Property Tax Bill

$3,025

$2,807

Ownwell’s Lafayette Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lafayette with just two data points. By entering your property's estimated assessed value, our calculator applies Lafayette’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 Boulder County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lafayette, Boulder County, Colorado

Local government entities determine tax rates, which can significantly differ within a state. Each county estimates its required budget for services annually and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Lafayette, located in Boulder County, Colorado, the effective property tax rate is 0.47%. This rate is notably lower than the national median property tax rate of 1.02%. When compared to other cities in Colorado and across the U.S., Lafayette's rate is quite favorable, offering potential savings for property owners. The median property tax bill in Lafayette reflects this lower rate, which can be a significant factor for homeowners when considering the overall cost of living. Understanding these rates can be crucial for property owners looking to manage their expenses effectively and appeal their property assessments if necessary.

Property Tax Rates Across Lafayette, Boulder County, Colorado

Source: Ownwell

0.35%

0.47%

0.58%

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 Lafayette Tax Rate

0.47%

Median Effective Boulder County Tax Rate

0.50%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lafayette, Boulder County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80026	0.37%	0.45%	0.47%	0.50%	0.53%

Source: Ownwell

Property Tax Assessment Values Across Lafayette, Boulder County, Colorado

When examining property taxes in Lafayette, 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 Boulder County Assessor 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 Boulder 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 Lafayette. For example, the median home price in Lafayette is $643,700, with tax bills ranging significantly across the county. Zip code 80026 has the highest median home price at $644,000.

Property Tax Assessment Values Across Lafayette, Boulder County, Colorado

Source: Ownwell

$410,300

$977,725

$1,545,150

Median Lafayette Market Value

$643,700

Median Boulder County Market Value

$722,900

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lafayette, Boulder County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80026	$287,234	$482,529	$644,000	$933,450	$1,191,330

Source: Ownwell

Property Tax Bills Across Lafayette, Boulder County, Colorado

Property tax bills in Lafayette, located in Boulder County, Colorado, are calculated by applying the local tax rate to the assessed value of a property. The assessed value is derived from the market value, which is determined by the county assessor. Homeowners in Lafayette face a median tax bill of $3,002, which is significantly higher than the national median of $2,400. The tax bill varies across different percentiles, with the 25th percentile at $2,222 and the 75th percentile reaching $4,263. These figures highlight the potential financial burden on property owners, especially those with properties assessed at higher values.

For homeowners looking to reduce their tax burden, Ownwell offers specialized property tax appeal services. By analyzing your property's assessed value and comparing it with similar properties, Ownwell can identify discrepancies and help you file an appeal. This process can lead to significant savings on your annual property tax bill, easing the financial strain on homeowners in Lafayette.

Property Tax Bills Across Lafayette, Boulder County, Colorado

Source: Ownwell

$1,435

$4,708

$7,981

Median Lafayette Tax Bill

$3,000

Median Boulder County Tax Bill

$3,545

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Lafayette, Boulder County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80026	$1,465	$2,225	$3,002	$4,265	$5,506

Source: Ownwell