Red Feather Lakes, Larimer County, Colorado Property Taxes
Median RED FEATHER LAKES, CO effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median RED FEATHER LAKES, CO home value: $246,300
Median annual RED FEATHER LAKES, CO tax bill: $1,627, $773 lower than the national median property tax bill of $2,400.
How are property taxes in Larimer calculated?
Property taxes in RED FEATHER LAKES, 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 RED FEATHER LAKES’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in RED FEATHER LAKES, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Red Feather Lakes, Larimer County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.55%
Estimate Property Tax Bill
$2,152
$1,997
Property Tax Rates Across Red Feather Lakes, Larimer County, Colorado
Local government entities set tax rates, which can vary widely within a state. Why? Because 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.
Below, you can compare Red Feather Lakes’ effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S. Red Feather Lakes, located in Larimer County, has a median property tax rate of 0.66%, which stands out when compared to the national median of 1.02%. This suggests that property owners in Red Feather Lakes might enjoy a lower tax burden than many other locations across the country. Understanding these rates can aid homeowners in making informed decisions about property investments and potential savings. Whether you're considering moving to Red Feather Lakes or are a current resident, knowing the local tax landscape is crucial for financial planning.
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 Red Feather Lakes Tax Rate
0.55%
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 Red Feather Lakes, Larimer County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80545 | 0.45% | 0.51% | 0.55% | 0.57% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Red Feather Lakes, Larimer County, Colorado
When examining property taxes in Red Feather Lakes, 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 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.
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 Red Feather Lakes.
For example, the median home price in Red Feather Lakes is $246,300, with tax bills ranging significantly across the county. Zip code 80545 has the highest median home price at $246,300.
Property Tax Assessment Values Across Red Feather Lakes, Larimer County, Colorado
Source: Ownwell
$304,900
$734,250
$1,163,600
Median Red Feather Lakes Market Value
$391,300
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 Red Feather Lakes, Larimer County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80545 | $199,120 | $280,800 | $391,300 | $524,450 | $648,440 |
Source: Ownwell
Property Tax Bills Across Red Feather Lakes, Larimer County, Colorado
Property Tax Bills Across Red Feather Lakes, Larimer County, Colorado
Source: Ownwell
$1,423
$4,478
$7,532
Median Red Feather Lakes Tax Bill
$2,149
Median Larimer County Tax Bill
$3,054
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Red Feather Lakes, Larimer County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80545 | $934 | $1,447 | $2,149 | $2,988 | $3,777 |
Source: Ownwell