Howard, Fremont County, Colorado Property Taxes
Median Howard, 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 Howard, CO home value: $306,520
Median annual Howard, CO tax bill: $953, $1,447 lower than the national median property tax bill of $2,400.
How are property taxes in Fremont calculated?
Property taxes in Howard, 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 Howard’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Howard, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Howard, Fremont County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.33%
Estimate Property Tax Bill
$1,012
$939
Property Tax Rates Across Howard, Fremont County, Colorado
Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budget needs to provide essential services and divides that amount by the total value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. While there are votes and regulations involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Howard, located in Fremont County, Colorado, the effective property tax rate is notably different from other cities within the state. The median property tax rate in Colorado is 0.33%, which is significantly lower than the national median of 1.02%. This difference highlights the variability in property tax rates across different regions. Additionally, the median property tax bill in Howard is considerably lower than the national median of $2,400.
Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively. By comparing Howard’s effective tax rate to other cities in Colorado and the national averages, property owners can gain valuable insights into their tax obligations and potential savings.
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 Howard Tax Rate
0.33%
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 Fremont County Tax Rate
0.55%
Median Effective Colorado Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Howard, Fremont County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
81233 | 0.24% | 0.33% | 0.33% | 0.33% | 0.35% |
Source: Ownwell
Property Tax Assessment Values Across Howard, Fremont County, Colorado
When examining property taxes in Howard, 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 Fremont 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 Fremont 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 Howard.
For example, the median home price in Howard is $306,520, with tax bills ranging significantly across the county. 81233 has the highest median home price at $306,520.
Property Tax Assessment Values Across Howard, Fremont County, Colorado
Source: Ownwell
$129,027
$301,156
$473,285
Median Howard Market Value
$306,520
Median Fremont County Market Value
$205,831
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Howard, Fremont County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
81233 | $83,375 | $200,465 | $306,520 | $406,056 | $512,703 |
Source: Ownwell
Property Tax Bills Across Howard, Fremont County, Colorado
Property tax bills in Howard, located in Fremont County, CO, are determined based on the assessed value of a property. The assessed value is a percentage of the property's market value, which is determined by the county assessor. The property tax rate is applied to this assessed value to calculate the tax bill. In Howard, the median property tax bill is $953, significantly lower than the national median of $2,400. This can be attributed to the local tax rate and the area's median home price of $306,520. Homeowners in Howard can expect tax bills ranging from $601 at the 25th percentile to $1,709 at the 90th percentile. These variations depend on factors such as property size, location, and improvements.
Ownwell assists homeowners in Howard by providing property tax appeal services, potentially lowering their tax bills. We analyze each property's assessment for discrepancies and work to ensure homeowners pay only their fair share. By leveraging our expertise, homeowners can achieve significant savings on their property taxes, easing their financial burden.
Median Howard Tax Bill
$953
Median Fremont County Tax Bill
$1,012
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Howard, Fremont County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
81233 | $262 | $601 | $953 | $1,365 | $1,709 |
Source: Ownwell