Arriba, Lincoln County, Colorado Property Taxes
Median Arriba, 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 Arriba, CO home value: $82,390
Median annual Arriba, CO tax bill: $473, $1,927 lower than the national median property tax bill of $2,400.
How are property taxes in Lincoln calculated?
Property taxes in Arriba, 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 Arriba’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Arriba, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Arriba, Lincoln County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$356
$331
Property Tax Rates Across Arriba, Lincoln County, Colorado
Local government entities determine tax rates, which can vary significantly within a state. Each year, counties like Lincoln estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Arriba, located in Lincoln County, the effective property tax rate is 0.59%, which is notably lower than the national median of 1.02%. This suggests that property owners in Arriba may benefit from relatively lower property tax bills compared to the national average. The median property tax rate in Colorado aligns with Arriba's rate, maintaining a consistent approach across the state.
For property owners, understanding how these rates are determined can provide insights into potential savings through appealing property assessments or seeking exemptions. Comparing Arriba’s effective property tax rate to other cities in Colorado and the U.S. highlights the potential advantages for property owners in this region.
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 Arriba Tax Rate
0.65%
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 Lincoln County Tax Rate
0.64%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Arriba, Lincoln County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80804 | 0.47% | 0.60% | 0.65% | 0.65% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Arriba, Lincoln County, Colorado
When examining property taxes in Arriba, 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 Lincoln 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 Lincoln 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 Arriba. For example, the median home price in Arriba is $82,390, with tax bills ranging significantly across the county. Zip code 80804 has the highest median home price at $82,390.
Property Tax Assessment Values Across Arriba, Lincoln County, Colorado
Source: Ownwell
$53,854
$111,466
$169,078
Median Arriba Market Value
$54,824
Median Lincoln County Market Value
$106,222
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Arriba, Lincoln County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80804 | $14,925 | $14,925 | $54,824 | $117,846 | $228,309 |
Source: Ownwell
Property Tax Bills Across Arriba, Lincoln County, Colorado
Median Arriba Tax Bill
$334
Median Lincoln County Tax Bill
$612
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Arriba, Lincoln County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80804 | $97 | $97 | $334 | $695 | $1,167 |
Source: Ownwell