Laramie, Larimer County, Colorado Property Taxes

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

Median Laramie, CO effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Laramie, CO home value: $220,050
Median annual Laramie, CO tax bill: $1,287, $1,113 lower than the national median property tax bill of $2,400.

How are property taxes in Larimer calculated?

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

Last Updated March 1, 2025

Laramie, Larimer County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.59%

Estimate Property Tax Bill

$1,298

$1,205

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

Property Tax Rates Across Laramie, Larimer County, Colorado

Local government entities set tax rates, which can vary widely within Colorado. 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.

Below, you can compare Laramie’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S. Laramie, located in Larimer County, has a median property tax rate of 0.59%, which is significantly lower than the national median of 1.02%. This lower rate can be appealing to property owners who want to save on taxes. Comparing this to the national median property tax bill of $2,400, homeowners in Laramie might find their property tax bills more manageable. When considering a move or investment in Colorado, understanding these variances in property tax rates can be crucial for financial planning.

Property Tax Rates Across Laramie, Larimer County, Colorado

Source: Ownwell

0.50%

0.90%

1.30%

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 Laramie Tax Rate

0.59%

Median Effective Larimer County Tax Rate

0.66%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Laramie, Larimer County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
82070	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Laramie, Larimer County, Colorado

When examining property taxes in Laramie, Colorado, 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 Larimer 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. Assessment notices: In Larimer 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 Laramie. For example, the median home price in Laramie is $220,050, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Laramie, Larimer County, Colorado

Source: Ownwell

$180,350

$430,675

$681,000

Median Laramie Market Value

$220,050

Median Larimer County Market Value

$394,000

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Laramie, Larimer County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
82070	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Laramie, Larimer County, Colorado

In Laramie, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Larimer County is $220,050, and property tax bills vary depending on the assessed value and applicable exemptions. Homeowners in Laramie experience tax bills typically ranging from $1,118 at the 25th percentile to $1,558 at the 90th percentile. Compared to the national median property tax bill of $2,400, Laramie's property taxes are relatively lower, which can be advantageous for homeowners. However, understanding how these bills are calculated and identifying potential savings can be challenging. This is where Ownwell steps in to assist homeowners. By providing expert property tax appeal and exemption services, Ownwell can help homeowners reduce their tax burden. Our team analyzes property assessments, identifies discrepancies, and files appeals on behalf of homeowners, ensuring they pay only their fair share. This proactive approach can lead to significant savings, providing financial relief and peace of mind.

Property Tax Bills Across Laramie, Larimer County, Colorado

Source: Ownwell

$1,050

$3,140

$5,230

Median Laramie Tax Bill

$1,287

Median Larimer County Tax Bill

$2,461

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Laramie, Larimer County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
82070	N/A	N/A	N/A	N/A	N/A

Source: Ownwell