Costilla County, Colorado Property Taxes

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

Median Costilla County effective property tax rate: 0.60%, significantly lower than the national median of 1.02%.
Median Costilla County home value: $81,990
Median annual Costilla County tax bill: $381, $2,019 lower than the national median property tax bill of $2,400.

How are property taxes in Costilla County calculated?

Property taxes in Costilla County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in San Luis or another part of Costilla County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Costilla County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$492

$457

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

Property Tax Rates Across Costilla County, Colorado

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Costilla County's effective property tax rate to other counties in Colorado or the U.S. median property tax rate. Costilla County's median property tax rate is significantly lower than the national median rate of 1.02%. In fact, it is one of the lowest in the state, with only a slight difference from the highest rate within the county. This makes Costilla County an attractive prospect for property owners looking to minimize their tax burden while still enjoying the benefits of local services. The affordability of property taxes in this region can be a compelling factor for prospective buyers or investors.

Property Tax Rates Across Costilla County, Colorado

Source: Ownwell

0.40%

0.50%

0.61%

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 Costilla County Tax Rate

0.60%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Costilla County, Colorado

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Blanca	0.37%	0.60%	0.61%	0.71%	2.76%
Chama	0.40%	0.40%	0.40%	0.54%	5.41%
Fort Garland	0.38%	0.60%	0.60%	0.62%	0.65%
Sanford	0.20%	0.40%	0.40%	0.42%	0.70%
San Luis	0.30%	0.40%	0.40%	0.59%	1.30%
Garcia	N/A	N/A	N/A	N/A	N/A
Jaroso	N/A	N/A	N/A	N/A	N/A
Mesita	N/A	N/A	N/A	N/A	N/A
San Pablo	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Costilla County, Colorado

When examining property taxes in Costilla County, 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 Costilla 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. Assessment notices: In Costilla 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 Costilla County. For example, the median tax bill in Costilla County is $620, with tax bills ranging significantly across the county. Fort Garland has the highest median home price at $113,183.

Property Tax Assessment Values Across Costilla County, Colorado

Source: Ownwell

$63,470

$88,327

$113,183

Median Costilla County Market Value

$81,990

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Costilla County, Colorado

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Blanca	$3,074	$17,150	$72,557	$119,981	$204,559
Chama	$1,372	$6,552	$63,470	$101,203	$157,311
Fort Garland	$16,493	$67,265	$113,183	$179,751	$251,680
Sanford	$31,110	$42,463	$74,347	$113,520	$187,164
San Luis	$3,224	$30,698	$72,514	$129,722	$201,831
Garcia	N/A	N/A	N/A	N/A	N/A
Jaroso	N/A	N/A	N/A	N/A	N/A
Mesita	N/A	N/A	N/A	N/A	N/A
San Pablo	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Costilla County, Colorado

In Costilla County, CO, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in the county is $81,990. Property tax rates are applied to this assessed value to calculate the tax bill. The median tax bill is $620 in Fort Garland, which is the highest in the county, while Sanford has the lowest median tax bill at $232. These figures indicate variability within the county, influenced by factors such as location and property value. For homeowners, understanding these nuances is crucial as they directly impact the annual financial obligation. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Costilla County's property tax bills are relatively lower, offering a financial advantage to homeowners. However, the tax bill can still vary widely, with the 25th percentile at $169 and the 90th percentile reaching $1,183, reflecting the diverse property values within the county.

Property Tax Bills Across Costilla County, Colorado

Source: Ownwell

$232

$426

$620

Median Costilla County Tax Bill

$381

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Costilla County, Colorado

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Blanca	$38	$163	$438	$722	$1,256
Chama	$36	$73	$257	$403	$627
Fort Garland	$140	$336	$620	$1,036	$1,500
Sanford	$108	$148	$232	$516	$1,020
San Luis	$42	$146	$293	$517	$870
Garcia	N/A	N/A	N/A	N/A	N/A
Jaroso	N/A	N/A	N/A	N/A	N/A
Mesita	N/A	N/A	N/A	N/A	N/A
San Pablo	N/A	N/A	N/A	N/A	N/A

Source: Ownwell