Durango, La Plata County, Colorado Property Taxes

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

Median Durango, CO effective property tax rate: 0.24%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Durango, CO home value: $545,970
Median annual Durango, CO tax bill: $1,347, $1,053 lower than the national median property tax bill of $2,400.

How are property taxes in La Plata County calculated?

Property taxes in Durango, 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 Durango’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Durango, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Durango, La Plata County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.24%

Estimate Property Tax Bill

$1,310

$1,216

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

Property Tax Rates Across Durango, La Plata County, Colorado

Local government entities are responsible for setting tax rates, and these can vary significantly within a state. Each county estimates its annual budget needed to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although there are votes and legal considerations in setting these rates and budgets, this is the simplified annual process.

In Durango, nestled in La Plata County, the effective property tax rate is notably lower than both the Colorado state median and the national median. With the national median property tax rate standing at 1.02%, Durango offers a more favorable tax landscape. This can be particularly appealing for property owners seeking lower tax liabilities while enjoying the benefits of living in a vibrant community. By comparing Durango's rates with other cities in Colorado, residents can appreciate the financial advantages of living in this region. Whether you're a current homeowner or considering a move, understanding these tax dynamics can be crucial in making informed property decisions.

Property Tax Rates Across Durango, 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 Durango Tax Rate

0.24%

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 Durango, La Plata County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
81301	0.19%	0.22%	0.24%	0.26%	0.34%
81303	0.19%	0.22%	0.25%	0.30%	0.36%

Source: Ownwell

Property Tax Assessment Values Across Durango, La Plata County, Colorado

When examining property taxes in Durango, 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 La Plata 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 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 Durango.

For example, the median home price in Durango is $545,970, with tax bills ranging significantly across the county. Zip code 81301 has the highest median home price at $565,870.

Property Tax Assessment Values Across Durango, La Plata County, Colorado

Source: Ownwell

$125,730

$345,800

$565,870

Median Durango Market Value

$545,970

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 Durango, La Plata County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
81301	$196,664	$392,980	$565,870	$786,260	$1,092,128
81303	$114,875	$314,172	$458,390	$657,508	$914,060

Source: Ownwell

Property Tax Bills Across Durango, La Plata County, Colorado

In Durango, located in La Plata County, Colorado, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The tax rate is applied to this assessed value to determine the annual property tax bill. Factors such as the local tax rate and the property's assessed value play a crucial role in determining the final tax bill. For example, the median home price in Durango is $545,970, and the property tax bills vary across different percentiles, with a 25th percentile tax bill of $943 and a 90th percentile tax bill of $2,790. Compared to the national median property tax bill of $2,400, Durango's tax bills can be relatively lower or higher depending on the specific property. Homeowners can benefit from Ownwell's expertise in property tax appeals and exemptions, potentially reducing their tax burden. By leveraging local market knowledge and assessment practices, Ownwell helps ensure homeowners are not overpaying on their property taxes, providing significant savings.

Property Tax Bills Across Durango, La Plata County, Colorado

Source: Ownwell

$319

$878

$1,437

Median Durango Tax Bill

$1,347

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 Durango, La Plata County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
81301	$610	$972	$1,366	$1,990	$2,896
81303	$491	$839	$1,268	$1,789	$2,388

Source: Ownwell