Mc Coy, Eagle County, Colorado Property Taxes

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

Median MC COY, CO effective property tax rate: 0.33%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%. Median MC COY, CO home value: $436,420. Median annual MC COY, CO tax bill: $1,757, $643 lower than the national median property tax bill of $2,400. How are property taxes in Eagle calculated? Property taxes in MC COY, 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 MC COY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in MC COY, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Mc Coy, Eagle County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.28%

Estimate Property Tax Bill

$1,042

$967

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

Property Tax Rates Across Mc Coy, Eagle County, Colorado

Local government entities in Mc Coy, Eagle County, CO, set property tax rates, which can vary significantly within the state. Each year, Eagle County estimates its required budget to maintain essential services and divides this by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate for Mc Coy. While votes and legislation play a role in determining these rates and budgets, this annual process is the essence of how property taxes are set.

In Mc Coy, the effective property tax rate is significantly lower than the national median property tax rate of 1.02%. Compared to other cities in Colorado, Mc Coy's rate is notably below the state median, offering a more affordable option for property owners. This lower tax rate can be particularly appealing for those looking to reduce their annual property tax bills, which nationally average $2400. Understanding these differences can be crucial for property owners seeking to optimize their financial planning and make informed decisions about property investments in Colorado.

Property Tax Rates Across Mc Coy, Eagle County, Colorado

Source: Ownwell

0.28%

0.42%

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 Mc Coy Tax Rate

0.28%

Median Effective Eagle County Tax Rate

0.38%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mc Coy, Eagle County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80463	0.28%	0.28%	0.28%	0.28%	0.44%

Source: Ownwell

Property Tax Assessment Values Across Mc Coy, Eagle County, Colorado

When examining property taxes in MC COY, 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 Eagle County appraisal district 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 Eagle 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 MC COY.

For example, the median home price in MC COY is $436,420, with tax bills ranging significantly across the county. Zip code 80463 has the highest median home price at $436,420.

Property Tax Assessment Values Across Mc Coy, Eagle County, Colorado

Source: Ownwell

$37,550

$1,115,095

$2,192,640

Median Mc Coy Market Value

$372,105

Median Eagle County Market Value

$1,056,520

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mc Coy, Eagle County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80463	$14,920	$239,855	$372,105	$945,812	$1,419,106

Source: Ownwell

Property Tax Bills Across Mc Coy, Eagle County, Colorado

In MC COY, Eagle County, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. The median home price in the area is $436,420, with tax bills ranging from $790 at the 25th percentile to $4,888 at the 90th percentile. The highest and lowest median tax bills in the region are both $1,757, indicating a consistent tax rate across the area. These property taxes are crucial for funding local services such as schools, roads, and emergency services, impacting homeowners directly. However, high property taxes can be a financial burden. Ownwell offers property tax appeal and exemption services, helping homeowners potentially lower their tax bills by ensuring their property is fairly assessed. By working with experts, homeowners can navigate the appeal process more effectively, potentially saving significant amounts on their property taxes.

Property Tax Bills Across Mc Coy, Eagle County, Colorado

Source: Ownwell

$138

$4,321

$8,504

Median Mc Coy Tax Bill

$2,134

Median Eagle County Tax Bill

$4,478

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Mc Coy, Eagle County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80463	$350	$795	$2,134	$2,883	$5,052

Source: Ownwell