Jaroso, Costilla County, Colorado Property Taxes

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

Median Jaroso, CO effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Jaroso, CO home value: $31,509
Median annual Jaroso, CO tax bill: $231, $2,169 lower than the national median property tax bill of $2,400.

How are property taxes in Costilla calculated?

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

Last Updated March 1, 2025

Jaroso, Costilla County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.4%

Estimate Property Tax Bill

$126

$117

Ownwell’s Jaroso Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Jaroso with just two data points. By entering your property's estimated assessed value, our calculator applies Jaroso’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 Jaroso, 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. Jaroso in Costilla County, Colorado, offers a unique perspective on property tax rates. The effective property tax rate here is notably lower than the national median of 1.02%, making it an attractive location for property owners. The median property tax rate in Colorado is 0.40%, which is also lower than the national average, offering significant savings for homeowners in the state. For those considering relocation or investment, Jaroso's favorable tax climate, coupled with the state's below-average tax rate, presents an appealing opportunity. By comparing Jaroso’s effective property tax rate to other cities in Colorado and the U.S. median property tax rates, potential homeowners can make informed decisions about their property investments.

Property Tax Rates Across Jaroso, Costilla County, Colorado

Source: Ownwell

0.40%

0.48%

0.56%

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 Jaroso Tax Rate

0.40%

Median Effective Costilla County Tax Rate

0.53%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Jaroso, Costilla County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
81138	0.37%	0.37%	0.40%	0.99%	1.42%

Source: Ownwell

Property Tax Assessment Values Across Jaroso, Costilla County, Colorado

When examining property taxes in Jaroso, 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 Jaroso. For example, the median home price in Jaroso is $31,509, with tax bills ranging significantly across the county. Zip code 81138 has the highest median home price at $31,509.

Property Tax Assessment Values Across Jaroso, Costilla County, Colorado

Source: Ownwell

$14,925

$84,114

$153,303

Median Jaroso Market Value

$31,509

Median Costilla County Market Value

$52,280

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Jaroso, Costilla County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
81138	$2,083	$12,838	$31,509	$124,201	$206,048

Source: Ownwell

Property Tax Bills Across Jaroso, Costilla County, Colorado

In Jaroso, located in Costilla County, CO, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is typically a percentage of the market value of the home. Homeowners in Jaroso experience a median property tax bill of $231, significantly lower than the national median of $2,400. This makes it an attractive location for those looking to minimize their property tax expenses. However, tax bills can vary widely, with some homeowners paying as little as $46 and others as much as $1,469, depending on the specific value and characteristics of their property. Factors such as property improvements or changes in market conditions can influence the assessed value and, consequently, the tax bill. Ownwell assists homeowners by reviewing their property assessments and identifying opportunities for appeals or exemptions. By leveraging expert knowledge and local data, Ownwell can help reduce tax liabilities, ensuring homeowners pay only their fair share and potentially saving them hundreds of dollars annually.

Property Tax Bills Across Jaroso, Costilla County, Colorado

Source: Ownwell

$68

$420

$771

Median Jaroso Tax Bill

$231

Median Costilla County Tax Bill

$328

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Jaroso, Costilla County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
81138	$8	$46	$231	$709	$1,469

Source: Ownwell