La Plata County, Colorado Property Taxes

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

Median La Plata County effective property tax rate: 0.25%, significantly lower than the national median of 1.02%.
Median La Plata County home value: $472,120
Median annual La Plata County tax bill: $1,300, $1,100 lower than the national median property tax bill of $2,400.

How are property taxes in La Plata County calculated?

Property taxes in La Plata County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Durango or another part of La Plata County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

La Plata County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.25%

Estimate Property Tax Bill

$1,180

$1,095

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

Property Tax Rates Across La Plata County, Colorado

Local government entities in Colorado set property tax rates, which can vary widely across the state. Each year, counties like La Plata estimate their budgetary needs for public services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While voting and legislation play roles in setting these rates and budgets, this is the essential annual process.

La Plata County's effective property tax rate is considerably lower than the national median property tax rate of 1.02%. This offers significant savings for property owners in the area, as they benefit from a lower tax burden compared to many other parts of the country. The national median property tax bill is $2,400, providing a useful benchmark for comparison. Understanding these differences can help property owners make informed decisions and potentially appeal their property taxes if they believe their assessed value is inaccurate. By taking advantage of property tax consulting services, residents can ensure they are not overpaying and are maximizing their savings.

Property Tax Rates Across La Plata County, Colorado

Source: Ownwell

0.24%

0.30%

0.36%

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 La Plata County Tax Rate

0.25%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across La Plata County, Colorado

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bayfield	0.28%	0.32%	0.36%	0.43%	0.55%
Durango	0.19%	0.22%	0.24%	0.26%	0.34%
Hesperus	0.19%	0.24%	0.27%	0.28%	0.34%
Ignacio	0.19%	0.26%	0.29%	0.32%	0.39%
Marvel	0.14%	0.27%	0.27%	0.30%	0.41%
Mancos	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across La Plata County, Colorado

When examining property taxes in La Plata County, 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 La Plata 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. Assessment notices: In La Plata 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 La Plata County. For example, the median tax bill in La Plata County is $1,437, with tax bills ranging significantly across the county. Durango has the highest median home price at $545,970.

Property Tax Assessment Values Across La Plata County, Colorado

Source: Ownwell

$125,730

$345,800

$565,870

Median La Plata County Market Value

$472,120

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across La Plata County, Colorado

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bayfield	$127,894	$275,630	$379,230	$490,100	$655,910
Durango	$185,676	$372,925	$545,970	$766,915	$1,065,906
Hesperus	$62,290	$186,880	$366,660	$625,000	$1,089,518
Ignacio	$32,286	$92,945	$215,495	$326,425	$455,177
Marvel	$22,604	$39,020	$125,730	$205,020	$232,680
Mancos	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across La Plata County, Colorado

In La Plata County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the county is $472,120, and property tax rates are applied to this assessed value to determine the tax bill. Homeowners in La Plata County can expect a range of tax bills, with the 25th percentile at $857 and the 75th percentile at $1,874. The 90th percentile reaches $2,658, indicating a broad spectrum of tax liabilities depending on property values and specific tax rates. Notably, Bayfield has the highest median tax bill at $1,437, while Marvel has the lowest at $319. Compared to the national median property tax bill of $2,400, La Plata County's tax bills can be relatively moderate. These tax bills significantly impact homeowners, influencing their financial planning and overall cost of homeownership. Understanding these factors is crucial for managing property-related expenses effectively.

Property Tax Bills Across La Plata County, Colorado

Source: Ownwell

$319

$878

$1,437

Median La Plata County Tax Bill

$1,300

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across La Plata County, Colorado

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bayfield	$579	$1,030	$1,437	$1,899	$2,505
Durango	$586	$943	$1,347	$1,953	$2,790
Hesperus	$264	$550	$957	$1,610	$2,556
Ignacio	$219	$363	$646	$924	$1,260
Marvel	$129	$173	$319	$537	$606
Mancos	N/A	N/A	N/A	N/A	N/A

Source: Ownwell