Blanca, Costilla County, Colorado Property Taxes

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

Median Blanca, CO effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Blanca, CO home value: $72,557
Median annual Blanca, CO tax bill: $438, $1,962 lower than the national median property tax bill of $2,400.

How are property taxes in Costilla County calculated?

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

Last Updated March 1, 2025

Blanca, Costilla County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.61%

Estimate Property Tax Bill

$443

$411

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

Property Tax Rates Across Blanca, Costilla County, Colorado

Local government entities set tax rates, which can vary widely within a state. Why? 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 Blanca’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S. Blanca, situated in Costilla County, boasts a median property tax rate of 0.61%, which is significantly lower than the national median property tax rate of 1.02%. This makes Blanca an attractive option for property owners looking for lower tax burdens. While the national median property tax bill stands at $2400, residents in Blanca benefit from a more affordable tax environment. The consistency of the tax rate across Costilla County ensures predictability for homeowners, making it easier to budget for annual expenses.

Property Tax Rates Across Blanca, 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 Blanca Tax Rate

0.61%

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 Blanca, Costilla County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
81123	0.37%	0.60%	0.61%	0.71%	2.76%

Source: Ownwell

Property Tax Assessment Values Across Blanca, Costilla County, Colorado

When examining property taxes in Blanca, Colorado, 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'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 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 Blanca. For example, the median home price in Blanca is $72,557, with tax bills ranging significantly across the county. Zip code 81123 has the highest median home price at $72,557.

Property Tax Assessment Values Across Blanca, Costilla County, Colorado

Source: Ownwell

$63,470

$88,327

$113,183

Median Blanca Market Value

$72,557

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 Blanca, Costilla County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
81123	$3,074	$17,150	$72,557	$119,981	$204,559

Source: Ownwell

Property Tax Bills Across Blanca, Costilla County, Colorado

In Blanca, located in Costilla County, CO, property tax bills are calculated based on the assessed value of properties, which is a percentage of the market value. The median home price in Blanca is $72,557, and homeowners face a property tax rate that results in a median tax bill of $438. This is significantly lower than the national median property tax bill of $2,400. Factors such as property location and market trends influence the assessed value, impacting the final tax bill. Homeowners in Blanca could see tax bills ranging from $163 at the 25th percentile to $1,256 at the 90th percentile. This variance highlights the importance of understanding property assessments and potential savings. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners navigate the complexities of property tax assessments. By leveraging Ownwell's services, homeowners can potentially reduce their tax liabilities, ensuring they pay only their fair share and potentially saving hundreds of dollars annually on their property tax bills.

Property Tax Bills Across Blanca, Costilla County, Colorado

Source: Ownwell

$232

$426

$620

Median Blanca Tax Bill

$438

Median Costilla County Tax Bill

$381

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Blanca, Costilla County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
81123	$38	$163	$438	$722	$1,256

Source: Ownwell