Walsenburg, Huerfano County, Colorado Property Taxes
Median Walsenburg, CO effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Walsenburg, CO home value: $72,886
Median annual Walsenburg, CO tax bill: $386, $2,014 lower than the national median property tax bill of $2,400.
How are property taxes in Huerfano County calculated?
Property taxes in Walsenburg, 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 Walsenburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Walsenburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Walsenburg, Huerfano County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$437
$406
Property Tax Rates Across Walsenburg, Huerfano County, Colorado
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This is because each county determines its required budget to provide essential services annually and divides that by the total value of all taxable property within its jurisdiction. The resulting figure is the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is the fundamental process followed each year.
In Walsenburg, located in Huerfano County, Colorado, the effective property tax rate is 0.60%. This rate aligns with the highest and lowest median tax rates within the area, highlighting a consistent approach to property taxation in the region. Compared to the national median property tax rate of 1.02%, Walsenburg's rate is considerably lower, offering a more favorable tax environment for property owners.
When analyzing property tax rates, it's important to consider how they impact both the affordability of homeownership and the revenue for essential community services. Walsenburg's lower tax rate may be attractive to potential buyers, providing a balance between cost and the quality of services funded by these taxes.
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 Walsenburg Tax Rate
0.60%
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 Huerfano County Tax Rate
0.60%
Median Effective Colorado Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Walsenburg, Huerfano County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81089 | 0.30% | 0.52% | 0.60% | 0.60% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Walsenburg, Huerfano County, Colorado
When examining property taxes in Walsenburg, 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 Huerfano 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 Huerfano 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 Walsenburg.
For example, the median home price in Walsenburg is $72,886, with tax bills ranging significantly across the county. Zip code 81089 has the highest median home price at $72,886.
Property Tax Assessment Values Across Walsenburg, Huerfano County, Colorado
Source: Ownwell
$72,886
$109,456
$146,026
Median Walsenburg Market Value
$72,886
Median Huerfano County Market Value
$83,356
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Walsenburg, Huerfano County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81089 | $16,164 | $44,634 | $72,886 | $122,819 | $194,873 |
Source: Ownwell
Property Tax Bills Across Walsenburg, Huerfano County, Colorado
In Walsenburg, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $72,886, homeowners here face a property tax rate that influences their annual bills. The median tax bill in Walsenburg is considerably lower than the national median property tax bill of $2,400, reflecting the region's affordability. Factors such as property size, location, and improvements can affect the assessed value, consequently impacting the tax bill. For homeowners, understanding these factors is critical, as they directly affect financial planning and property costs.
Ownwell offers valuable support to homeowners by helping them navigate the complexities of property tax assessments. By identifying potential inaccuracies in the assessed value and exploring available exemptions, Ownwell can assist in reducing the tax burden. This proactive approach not only ensures fair taxation but also maximizes savings, allowing homeowners in Walsenburg to better manage their expenses. With expert guidance, homeowners can achieve significant reductions in their property tax bills.
Median Walsenburg Tax Bill
$386
Median Huerfano County Tax Bill
$439
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Walsenburg, Huerfano County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81089 | $94 | $229 | $386 | $673 | $1,105 |
Source: Ownwell