Atwood, Logan County, Colorado Property Taxes
Median Atwood, CO effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%. Median Atwood, CO home value: $177,130 Median annual Atwood, CO tax bill: $1,106, $1,294 lower than the national median property tax bill of $2,400.
How are property taxes in Logan calculated?
Property taxes in Atwood, 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 Atwood’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Atwood, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Atwood, Logan County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.4%
Estimate Property Tax Bill
$849
$787
Property Tax Rates Across Atwood, Logan County, Colorado
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation is primarily because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
In Atwood, located in Logan County, the effective property tax rate offers a unique perspective when compared to other cities within Colorado and the broader national landscape. Colorado's median property tax rate is notably lower than the national median of 1.02%, making it an attractive state for property owners. With the effective tax rate in Atwood reflecting this trend, property owners can benefit from lower tax bills compared to many other parts of the country. This financial advantage can be a compelling factor for those considering property investments or relocations, as lower property tax rates can significantly impact long-term financial planning and overall affordability.
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 Atwood Tax Rate
0.40%
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 Logan County Tax Rate
0.37%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Atwood, Logan County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80722 | 0.17% | 0.32% | 0.40% | 0.92% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Atwood, Logan County, Colorado
When examining property taxes in Atwood, 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 Logan 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 Logan 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 Atwood. For example, the median home price in Atwood is $177,130, with tax bills ranging significantly across the county. Zip code 80722 has the highest median home price at $177,130.
Property Tax Assessment Values Across Atwood, Logan County, Colorado
Source: Ownwell
$114,280
$163,208
$212,135
Median Atwood Market Value
$212,135
Median Logan County Market Value
$187,761
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Atwood, Logan County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80722 | $20,534 | $100,052 | $212,135 | $319,361 | $465,955 |
Source: Ownwell
Property Tax Bills Across Atwood, Logan County, Colorado
Median Atwood Tax Bill
$793
Median Logan County Tax Bill
$659
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Atwood, Logan County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80722 | $111 | $348 | $793 | $1,744 | $3,743 |
Source: Ownwell