Wild Horse, Cheyenne County, Colorado Property Taxes

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

Median Wild Horse, CO effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Wild Horse, CO home value: $36,907
Median annual Wild Horse, CO tax bill: $392, $2,008 lower than the national median property tax bill of $2,400.

How are property taxes in Cheyenne calculated?

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

Last Updated March 1, 2025

Wild Horse, Cheyenne County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.46%

Estimate Property Tax Bill

$280

$260

Ownwell’s Wild Horse Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wild Horse with just two data points.

By entering your property's estimated assessed value, our calculator applies Wild Horse’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 Cheyenne County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Wild Horse, Cheyenne County, Colorado

Local government entities determine property tax rates, which can differ significantly across regions. This variation is due to each county's annual budget calculation, which involves estimating the necessary funds to maintain public services and dividing this amount by the total assessed value of all taxable properties within the area. This process results in the property tax rate. Although voting and legislation play roles in establishing these rates and budgets, this is the fundamental yearly procedure.

In Wild Horse, located in Cheyenne County, Colorado, property tax rates reflect this localized approach. The effective property tax rate here can be compared to other cities within the state and against the median rates in Colorado and the U.S. While the national median property tax rate stands at 1.02%, Wild Horse presents a distinct picture within its state. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively. By evaluating Wild Horse's tax rate alongside those of other areas, property owners can gain insights into the local tax landscape, helping them make informed decisions about property tax appeals and exemptions.

Property Tax Rates Across Wild Horse, Cheyenne County, Colorado

Source: Ownwell

0.35%

0.41%

0.46%

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 Wild Horse Tax Rate

0.46%

Median Effective Cheyenne County Tax Rate

0.37%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wild Horse, Cheyenne County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80862	0.21%	0.37%	0.46%	0.69%	0.86%

Source: Ownwell

Property Tax Assessment Values Across Wild Horse, Cheyenne County, Colorado

When examining property taxes in Wild Horse, 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 Cheyenne 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 Cheyenne 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 Wild Horse. For example, the median home price in Wild Horse is $36,907, with tax bills ranging significantly across the county. 80862 has the highest median home price at $36,898.

Property Tax Assessment Values Across Wild Horse, Cheyenne County, Colorado

Source: Ownwell

$57,202

$75,516

$93,830

Median Wild Horse Market Value

$60,966

Median Cheyenne County Market Value

$78,386

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wild Horse, Cheyenne County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80862	$6,060	$14,538	$60,966	$120,259	$188,641

Source: Ownwell

Property Tax Bills Across Wild Horse, Cheyenne County, Colorado

In Wild Horse, property tax bills are influenced by the assessed value of a home and the local tax rate set by Cheyenne County. With a median home price of $36,907, the property tax rate applied determines the final tax bill. Homeowners in Wild Horse typically see a tax bill ranging from $159 at the 25th percentile to $1,452 at the 90th percentile. The median tax bill is $379, which is significantly lower than the national median of $2,400. This lower tax bill can be attributed to both the modest home values and the local tax rate. However, even with relatively low tax obligations, it's important for homeowners to ensure their property is assessed accurately. Ownwell assists homeowners by providing property tax appeal services, potentially reducing their tax burden. By reviewing assessments and identifying discrepancies, Ownwell helps homeowners secure fair tax bills, ensuring they only pay what they truly owe. This service is invaluable for those looking to manage their property expenses effectively.

Property Tax Bills Across Wild Horse, Cheyenne County, Colorado

Source: Ownwell

$177

$347

$516

Median Wild Horse Tax Bill

$386

Median Cheyenne County Tax Bill

$271

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Wild Horse, Cheyenne County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80862	$55	$69	$386	$980	$1,231

Source: Ownwell