San Luis, Costilla County, Colorado Property Taxes
Median San Luis, CO effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%. Median San Luis, CO home value: $72,514. Median annual San Luis, CO tax bill: $293, $2,107 lower than the national median property tax bill of $2,400.
How are property taxes in Costilla calculated?
Property taxes in San Luis, 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 San Luis’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in San Luis, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
San Luis, Costilla County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.42%
Estimate Property Tax Bill
$114
$105
Property Tax Rates Across San Luis, Costilla County, Colorado
Local government entities set tax rates, which can vary widely within a state. 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 San Luis’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S. In San Luis, located in Costilla County, the median property tax rate stands at 0.40%, significantly lower than the national median of 1.02%. This lower rate can offer considerable savings for property owners when compared to the national average. Moreover, the median property tax bill in San Luis is well below the national median of $2,400, making it an attractive location for those seeking lower property tax obligations. Understanding these differences can be crucial for property owners considering a move or investment in the region.
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 San Luis Tax Rate
0.42%
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
0.53%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across San Luis, Costilla County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81152 | 0.30% | 0.41% | 0.42% | 0.62% | 6.08% |
Source: Ownwell
Property Tax Assessment Values Across San Luis, Costilla County, Colorado
When examining property taxes in San Luis, 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 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.
In Costilla County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 San Luis. For example, the median home price in San Luis is $72,514, with tax bills ranging significantly across the county. Zip code 81152 has the highest median home price at $72,514.
Property Tax Assessment Values Across San Luis, Costilla County, Colorado
Source: Ownwell
$14,925
$84,114
$153,303
Median San Luis Market Value
$27,040
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 San Luis, Costilla County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81152 | $3,473 | $14,925 | $27,040 | $90,827 | $171,879 |
Source: Ownwell
Property Tax Bills Across San Luis, Costilla County, Colorado
Median San Luis Tax Bill
$207
Median Costilla County Tax Bill
$328
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across San Luis, Costilla County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81152 | $59 | $82 | $207 | $475 | $924 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Costilla Tax Assessor | |
| Website | costilla-assessor-tyler.obus.io |