Palisade, Mesa County, Colorado Property Taxes
Median Palisade, CO effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, and higher than the Colorado state median of 0.50%.
Median Palisade, CO home value: $341,720
Median annual Palisade, CO tax bill: $1,830, $570 lower than the national median property tax bill of $2,400.
How are property taxes in Mesa County calculated?
Property taxes in Palisade, 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 Palisade's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Palisade, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Palisade, Mesa County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.54%
Estimate Property Tax Bill
$1,845
$1,712
Property Tax Rates Across Palisade, Mesa 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.
Palisade in Mesa County, Colorado, presents an interesting scenario. With a median property tax rate of 0.54%, it stands significantly lower than the national median of 1.02%. This lower rate can be a compelling factor for property owners considering relocation or investment opportunities in the region. Mesa County's rate is also lower than many other regions within Colorado, making it an attractive option for those looking to minimize their property tax burden.
By understanding the nuances of property tax rates in Palisade, potential homeowners and investors can make informed decisions, taking advantage of the favorable tax environment in this charming Colorado locale.
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 Palisade Tax Rate
0.54%
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 Mesa County Tax Rate
0.47%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Palisade, Mesa County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81526 | 0.38% | 0.44% | 0.54% | 0.56% | 0.57% |
Source: Ownwell
Property Tax Assessment Values Across Palisade, Mesa County, Colorado
When examining property taxes in Palisade, 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 Mesa 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 Mesa 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 Palisade. For example, the median home price in Palisade is $341,720, with tax bills ranging significantly across the county. Zip code 81526 has the highest median home price at $341,720.
Property Tax Assessment Values Across Palisade, Mesa County, Colorado
Source: Ownwell
$19,800
$245,393
$470,985
Median Palisade Market Value
$341,720
Median Mesa County Market Value
$289,400
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Palisade, Mesa County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81526 | $14,920 | $199,950 | $341,720 | $449,238 | $587,856 |
Source: Ownwell
Property Tax Bills Across Palisade, Mesa County, Colorado
Median Palisade Tax Bill
$1,830
Median Mesa County Tax Bill
$1,410
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Palisade, Mesa County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81526 | $452 | $1,248 | $1,830 | $2,328 | $2,934 |
Source: Ownwell