Merino, Logan County, Colorado Property Taxes

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

Median Merino, CO effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Merino, CO home value: $154,360
Median annual Merino, CO tax bill: $876, $1,524 lower than the national median property tax bill of $2,400.

How are property taxes in Logan calculated?

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

Last Updated March 1, 2025

Merino, Logan County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.41%

Estimate Property Tax Bill

$794

$737

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

Property Tax Rates Across Merino, Logan County, Colorado

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county annually estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting 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 Merino, located in Logan County, Colorado, the effective property tax rate is 0.58%, which is significantly lower than the national median property tax rate of 1.02%. This makes Merino an appealing location for property owners looking to save on taxes. Compared to other cities in Colorado, Merino's tax rate is among the lowest, providing a financial advantage to its residents. The lower tax rate means homeowners in Merino can enjoy reduced property tax bills compared to the national median property tax bill of $2,400. This financial benefit, coupled with the charm of living in a small Colorado town, makes Merino an attractive option for those seeking affordability and community.

Property Tax Rates Across Merino, Logan County, Colorado

Source: Ownwell

0.36%

0.55%

0.74%

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 Merino Tax Rate

0.41%

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 Merino, Logan County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80741	0.20%	0.33%	0.41%	0.65%	1.77%

Source: Ownwell

Property Tax Assessment Values Across Merino, Logan County, Colorado

When examining property taxes in Merino, 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 Logan 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.

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 Merino. For example, the median home price in Merino is $154,360, with tax bills ranging significantly across the county. Zip code 80741 has the highest median home price at $154,360.

Property Tax Assessment Values Across Merino, Logan County, Colorado

Source: Ownwell

$114,280

$163,208

$212,135

Median Merino Market Value

$193,615

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 Merino, Logan County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80741	$32,339	$95,714	$193,615	$285,180	$416,797

Source: Ownwell

Property Tax Bills Across Merino, Logan County, Colorado

In Merino, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, which in Merino, within Logan County, averages around $154,360. Homeowners in this area experience a range of tax bills, with the 25th percentile at $438 and the 75th percentile reaching $1,438. The 90th percentile tax bill can climb as high as $2,467, indicating significant variability based on property value and applicable exemptions. Compared to the national median property tax bill of $2,400, Merino's tax bills can be relatively moderate, yet they still represent a notable expense for homeowners.

Ownwell assists homeowners in reducing their property tax bills by identifying potential errors in assessments and uncovering eligible exemptions. Through a thorough review process, Ownwell ensures that homeowners are not overpaying and helps them secure the most favorable tax position possible. This service can lead to substantial savings, easing the financial burden of property ownership.

Property Tax Bills Across Merino, Logan County, Colorado

Source: Ownwell

$459

$705

$951

Median Merino Tax Bill

$813

Median Logan County Tax Bill

$659

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Merino, Logan County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80741	$128	$333	$813	$1,494	$2,770

Source: Ownwell