Silver Plume, Clear Creek County, Colorado Property Taxes
Median Silver Plume, CO effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Silver Plume, CO home value: $224,450
Median annual Silver Plume, CO tax bill: $1,271, $1,129 lower than the national median property tax bill of $2,400.
How are property taxes in Clear Creek calculated?
Property taxes in Silver Plume, 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 Silver Plume’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Silver Plume, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Silver Plume, Clear Creek County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.58%
Estimate Property Tax Bill
$1,302
$1,208
Property Tax Rates Across Silver Plume, Clear Creek County, Colorado
Local government entities determine tax rates, which can significantly differ across a state. Each year, counties calculate the necessary budget to maintain services and divide this by the total value of all taxable properties within their area. This calculation establishes the property tax rate. While votes and legislation play a role in setting these rates and budgets, this process essentially captures the annual approach.
In Silver Plume, located in Clear Creek County, the effective property tax rate is 0.58%, which is notably lower than the national median property tax rate of 1.02%. This means property owners in Silver Plume benefit from a more favorable tax rate compared to many other regions across the country. The median property tax rate in Colorado also reflects this trend, offering property owners a more economical tax environment.
By understanding these rates, property owners in Silver Plume can better appreciate the relative affordability of their tax obligations compared to the national landscape. This insight can be particularly valuable for those considering purchasing or investing in property within the area.
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 Silver Plume Tax Rate
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 Clear Creek County Tax Rate
0.54%
Median Effective Colorado Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Silver Plume, Clear Creek County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80476 | 0.51% | 0.51% | 0.58% | 0.58% | 0.58% |
Source: Ownwell
Property Tax Assessment Values Across Silver Plume, Clear Creek County, Colorado
When examining property taxes in Silver Plume, 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 Clear Creek County Appraisal District 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.
Assessment notices: In Clear Creek 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 Silver Plume. For example, the median home price in Silver Plume is $224,450, with tax bills ranging significantly across the county. 80476 has the highest median home price at $224,450.
Property Tax Assessment Values Across Silver Plume, Clear Creek County, Colorado
Source: Ownwell
$222,300
$380,300
$538,300
Median Silver Plume Market Value
$224,450
Median Clear Creek County Market Value
$360,990
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Silver Plume, Clear Creek County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80476 | $112,822 | $170,520 | $224,450 | $278,920 | $347,776 |
Source: Ownwell
Property Tax Bills Across Silver Plume, Clear Creek County, Colorado
In Silver Plume, located in Clear Creek County, CO, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, which is influenced by various factors including local real estate trends and property characteristics. Homeowners in Silver Plume experience a median property tax bill of $1,271, which is significantly lower than the national median of $2,400. Despite this, property taxes can still be a financial burden for homeowners, particularly those with tax bills in the higher percentiles, such as the 90th percentile at $1,862.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it with market trends, Ownwell identifies opportunities for tax reductions. This not only helps in potentially lowering your tax bill but also ensures you are not overpaying. Trust Ownwell to advocate on your behalf, simplifying the appeal process and maximizing your savings.
Property Tax Bills Across Silver Plume, Clear Creek County, Colorado
Source: Ownwell
$1,107
$1,981
$2,854
Median Silver Plume Tax Bill
$1,271
Median Clear Creek County Tax Bill
$1,938
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Silver Plume, Clear Creek County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80476 | $581 | $932 | $1,271 | $1,507 | $1,862 |
Source: Ownwell