Ignacio, La Plata County, Colorado Property Taxes
Median Ignacio, CO effective property tax rate: 0.29%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Ignacio, CO home value: $215,495
Median annual Ignacio, CO tax bill: $646, $1,754 lower than the national median property tax bill of $2,400.
How are property taxes in La Plata County calculated?
Property taxes in Ignacio, 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 Ignacio’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ignacio, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ignacio, La Plata County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.29%
Estimate Property Tax Bill
$625
$580
Property Tax Rates Across Ignacio, La Plata County, Colorado
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Ignacio, located in La Plata County, Colorado, property taxes are determined through this same process. The effective property tax rate in Ignacio is significantly lower than the national median property tax rate of 1.02%. This makes Ignacio an attractive option for property owners looking to save on taxes. Compared to other cities in Colorado, Ignacio's property tax rate is quite competitive, offering residents a lower tax burden. The median property tax rate in Colorado is notably lower than the national average, which further emphasizes the cost-effectiveness of owning property in this region. With such favorable tax conditions, Ignacio stands out as a desirable location for both current and prospective property owners.
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 Ignacio Tax Rate
0.29%
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 Ignacio, La Plata County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81137 | 0.19% | 0.26% | 0.29% | 0.32% | 0.39% |
Source: Ownwell
Property Tax Assessment Values Across Ignacio, La Plata County, Colorado
When examining property taxes in Ignacio, 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 Ignacio.
For example, the median home price in Ignacio is $215,495, with tax bills ranging significantly across the county. The zip code 81137 has the highest median home price at $215,495.
Property Tax Assessment Values Across Ignacio, La Plata County, Colorado
Source: Ownwell
$125,730
$345,800
$565,870
Median Ignacio Market Value
$215,495
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 Ignacio, La Plata County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81137 | $32,286 | $92,945 | $215,495 | $326,425 | $455,177 |
Source: Ownwell
Property Tax Bills Across Ignacio, La Plata County, Colorado
Median Ignacio Tax Bill
$646
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 Ignacio, La Plata County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81137 | $219 | $363 | $646 | $924 | $1,260 |
Source: Ownwell