Rand, Jackson County, Colorado Property Taxes
Median RAND, 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 RAND, CO home value: $154,290
Median annual RAND, CO tax bill: $546, $1,854 lower than the national median property tax bill of $2,400.
How are property taxes in Jackson calculated?
Property taxes in RAND, 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 RAND’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in RAND, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rand, Jackson County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.31%
Estimate Property Tax Bill
$444
$412
Ownwell’s RAND Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in RAND with just two data points.
By entering your property's estimated assessed value, our calculator applies RAND’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 Jackson.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Rand, Jackson County, Colorado
Local government entities determine property tax rates, which can differ significantly across a state. This variation arises because each county calculates its necessary budget annually to fund services and then divides this budget by the total value of all taxable property within its boundaries. This calculation yields the property tax rate. While setting these rates involves votes and legislation, this is essentially the annual process.
In RAND, located in 08057, CO, the effective property tax rate stands at 0.33%. This rate is considerably lower than the national median property tax rate of 1.02%. When compared to other cities in CO, RAND's tax rate is quite favorable, offering residents a more affordable property tax burden. This lower rate can be particularly appealing for homeowners seeking to reduce their annual property tax expenses. By understanding the local tax landscape, property owners in RAND can better navigate their financial planning, ensuring they benefit from the region's relatively low tax rate.
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 Rand Tax Rate
0.31%
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 Jackson County Tax Rate
0.31%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rand, Jackson County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80473 | 0.31% | 0.31% | 0.31% | 0.31% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Rand, Jackson County, Colorado
When examining property taxes in RAND, 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 Jackson 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.
Assessment notices in Jackson County 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 RAND.
For example, the median home price in RAND is $154,290, with tax bills ranging significantly across the county. ZIP code 80473 has the highest median home price at $154,290.
Property Tax Assessment Values Across Rand, Jackson County, Colorado
Source: Ownwell
$60,534
$124,415
$188,296
Median Rand Market Value
$143,387
Median Jackson County Market Value
$99,766
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rand, Jackson County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80473 | $17,014 | $54,639 | $143,387 | $210,538 | $498,158 |
Source: Ownwell
Property Tax Bills Across Rand, Jackson County, Colorado
Median Rand Tax Bill
$447
Median Jackson County Tax Bill
$413
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Rand, Jackson County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80473 | $81 | $232 | $447 | $727 | $1,551 |
Source: Ownwell