Wheat Ridge, Denver County, Colorado Property Taxes
Median WHEAT RIDGE, CO effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but equal to the Colorado state median of 0.55%.
Median WHEAT RIDGE, CO home value: $416,600
Median annual WHEAT RIDGE, CO tax bill: $2,302, $98 lower than the national median property tax bill of $2,400.
How are property taxes in Denver calculated?
Property taxes in WHEAT RIDGE, 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 WHEAT RIDGE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in WHEAT RIDGE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wheat Ridge, Denver County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.55%
Estimate Property Tax Bill
$2,291
$2,126
$1,102
Average Tax Savings
Ownwell’s Wheat Ridge Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wheat Ridge with just two data points.
By entering your property's estimated assessed value, our calculator applies Wheat Ridge’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 Jefferson County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Wheat Ridge, Denver 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.
In Wheat Ridge, located in Jefferson County, Colorado, property owners experience a tax rate that is notably lower than both the state and national averages. The effective property tax rate in Wheat Ridge is 0.55%, which is significantly below the national median of 1.02%. This means residents here enjoy a lower property tax burden compared to many other parts of the country. When you consider the national median property tax bill is $2,400, Wheat Ridge offers a more affordable option for homeowners. This advantageous tax rate can provide significant savings over time, making Wheat Ridge an attractive location for property investment and homeownership.
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 Wheat Ridge Tax Rate
0.55%
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 Denver County Tax Rate
0.55%
Median Effective Colorado Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wheat Ridge, Denver County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80033 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,102
Average Wheat Ridge Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Wheat Ridge, Denver County, Colorado
When examining property taxes in Wheat Ridge, 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 Denver 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 Denver 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 Wheat Ridge.
For example, the median home price in Wheat Ridge is $416,600, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Wheat Ridge, Denver County, Colorado
Source: Ownwell
$185,400
$457,050
$728,700
Median Wheat Ridge Market Value
$416,600
Median Denver County Market Value
$435,200
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wheat Ridge, Denver County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80033 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,102
Average Wheat Ridge Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Wheat Ridge, Denver County, Colorado
In Wheat Ridge, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value determined by the county assessor. The median home price in Wheat Ridge is $416,600, and the property tax rate is applied to the assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the homeowner's tax obligation. While the national median property tax bill is $2,400, homeowners in Wheat Ridge see a range, with the 25th percentile at $2,267 and the 75th percentile at $2,446. This highlights the variability in tax bills depending on property specifics.
Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing property details and market trends, Ownwell can challenge over-assessments, ensuring homeowners pay only their fair share. This service not only reduces the financial burden but also provides peace of mind, knowing that experts are working to optimize their property tax obligations.
Median Wheat Ridge Tax Bill
$2,302
Median Denver County Tax Bill
$2,449
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Wheat Ridge, Denver County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80033 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,102
Average Wheat Ridge Tax Savings
Save on your property taxes & more with Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 9 |
Links |
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