Peetz, Logan County, Colorado Property Taxes
Median Peetz, 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 Peetz, CO home value: $116,730
Median annual Peetz, CO tax bill: $779, $1,621 lower than the national median property tax bill of $2,400.
How are property taxes in Logan County calculated?
Property taxes in Peetz, 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 Peetz’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Peetz, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Peetz, Logan County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.66%
Estimate Property Tax Bill
$770
$715
Property Tax Rates Across Peetz, Logan County, Colorado
Local government entities set tax rates, which can vary widely within a state. This is because each year, counties estimate their required budget to provide services and then divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Peetz, located in Logan County, Colorado, the effective property tax rate is notably lower than the national median. The median property tax rate in Colorado is below the national average, making it an attractive option for property owners looking for potential savings.
When comparing Peetz's property tax rate to other cities across Colorado, you'll find it aligns with the state's overall trend of having lower property taxes. This can be a significant advantage for residents and investors seeking to minimize their tax burden. Understanding how these rates compare to national figures can provide valuable insights for property owners considering relocation or investment opportunities in Colorado.
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 Peetz Tax Rate
0.66%
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
0.57%
Median Effective Colorado Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Peetz, Logan County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80747 | 0.41% | 0.56% | 0.66% | 0.78% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Peetz, Logan County, Colorado
When examining property taxes in Peetz, 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 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 Logan 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 Peetz.
For example, the median home price in Peetz is $116,730, with tax bills ranging significantly across the county. ZIP code 80747 has the highest median home price at $116,730.
Property Tax Assessment Values Across Peetz, Logan County, Colorado
Source: Ownwell
$87,550
$132,340
$177,130
Median Peetz Market Value
$116,730
Median Logan County Market Value
$146,235
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Peetz, Logan County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80747 | $26,696 | $62,370 | $116,730 | $182,790 | $239,430 |
Source: Ownwell
Property Tax Bills Across Peetz, Logan County, Colorado
Median Peetz Tax Bill
$779
Median Logan County Tax Bill
$847
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Peetz, Logan County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80747 | $115 | $409 | $779 | $1,159 | $1,760 |
Source: Ownwell