Cahone, Dolores County, Colorado Property Taxes
Median Cahone, CO effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Cahone, CO home value: $73,105
Median annual Cahone, CO tax bill: $346, $2,054 lower than the national median property tax bill of $2,400.
How are property taxes in Dolores County calculated?
Property taxes in Cahone, 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 Cahone’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cahone, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cahone, Dolores County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.24%
Estimate Property Tax Bill
$286
$266
Property Tax Rates Across Cahone, Dolores County, Colorado
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 Cahone Tax Rate
0.24%
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 Dolores County Tax Rate
0.28%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cahone, Dolores County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81320 | 0.10% | 0.15% | 0.24% | 0.33% | 0.37% |
Source: Ownwell
Property Tax Assessment Values Across Cahone, Dolores County, Colorado
When examining property taxes in Cahone, 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 Dolores 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 Dolores 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 Cahone.
For example, the median home price in Cahone is $73,105, with tax bills ranging significantly across the county. The 81320 zip code has the highest median home price at $73,105.
Property Tax Assessment Values Across Cahone, Dolores County, Colorado
Source: Ownwell
$75,269
$225,459
$375,649
Median Cahone Market Value
$119,292
Median Dolores County Market Value
$115,117
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cahone, Dolores County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81320 | $17,796 | $50,097 | $119,292 | $220,151 | $359,092 |
Source: Ownwell
Property Tax Bills Across Cahone, Dolores County, Colorado
In Cahone, located in Dolores County, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. In Cahone, the median home price is $73,105, which influences the property tax bill. Homeowners in this area typically see a median tax bill of $346, significantly lower than the national median property tax bill of $2,400. This difference highlights the relatively low property tax burden in this region compared to the national average.
Several factors contribute to the determination of a property tax bill, including the property's assessed value and the local tax rate. For homeowners, these taxes can impact monthly budgets, making it crucial to ensure that they are not overpaying. Ownwell offers property tax appeal and exemption services to help homeowners potentially reduce their tax bills. By leveraging expertise in property tax assessments, Ownwell can assist in identifying discrepancies or opportunities for savings, ensuring homeowners pay only their fair share.
Median Cahone Tax Bill
$273
Median Dolores County Tax Bill
$346
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Cahone, Dolores County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81320 | $70 | $70 | $273 | $624 | $1,322 |
Source: Ownwell