Lyons, Larimer County, Colorado Property Taxes
Median Lyons, CO effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Lyons, CO home value: $496,400
Median annual Lyons, CO tax bill: $3,274, $874 higher than the national median property tax bill of $2,400.
How are property taxes in Larimer County calculated?
Property taxes in Lyons, 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 Lyons’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lyons, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lyons, Larimer County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.58%
Estimate Property Tax Bill
$4,431
$4,112
Property Tax Rates Across Lyons, Larimer County, Colorado
Local government entities set tax rates, and these can vary significantly within a state. This is because each county annually estimates its required budget to provide services, dividing 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 Lyons, located in Boulder County, Colorado, the effective property tax rate reflects a similar process. The median property tax rate in Colorado stands at 0.71%, which is notably lower than the national median of 1.02%. This lower rate can result in more manageable tax bills for property owners in Lyons compared to other regions with higher rates. However, it's important to note that tax rates can vary even within the state, depending on local government decisions and budgetary needs. By comparing Lyons' effective property tax rate to other cities in Colorado and the national average, homeowners can better understand their property tax obligations and potentially identify opportunities for tax appeals or exemptions.
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 Lyons Tax Rate
0.58%
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 Larimer County Tax Rate
0.56%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lyons, Larimer County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80540 | 0.41% | 0.48% | 0.58% | 0.61% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Lyons, Larimer County, Colorado
When examining property taxes in Lyons, 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 Larimer 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 Larimer County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Lyons. For example, the median home price in Lyons is $496,400, with tax bills ranging significantly across the county. 80540 has the highest median home price at $496,400.
Property Tax Assessment Values Across Lyons, Larimer County, Colorado
Source: Ownwell
$304,900
$734,250
$1,163,600
Median Lyons Market Value
$764,000
Median Larimer County Market Value
$551,300
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lyons, Larimer County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80540 | $499,000 | $620,800 | $764,000 | $961,200 | $1,166,100 |
Source: Ownwell
Property Tax Bills Across Lyons, Larimer County, Colorado
In Lyons, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. Homeowners in Larimer County typically see a median tax bill of $3,274, which is above the national median of $2,400. Factors such as property improvements and neighborhood changes can influence the assessed value and, consequently, the tax bill. For instance, a homeowner in the 90th percentile may pay up to $5,374, while those in the 25th percentile might pay around $2,337. This variation underscores the importance of understanding the assessment process and ensuring that one's property is not over-assessed.
Ownwell assists homeowners by reviewing their property assessments and identifying potential discrepancies. By appealing over-assessments, homeowners can potentially reduce their tax bills and achieve significant savings. With expert guidance and a deep understanding of local tax regulations, Ownwell ensures homeowners only pay their fair share, making property ownership more affordable and less burdensome.
Median Lyons Tax Bill
$4,306
Median Larimer County Tax Bill
$3,054
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Lyons, Larimer County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80540 | $2,134 | $3,025 | $4,306 | $5,835 | $7,293 |
Source: Ownwell