Bedrock, Montrose County, Colorado Property Taxes
Median BEDROCK, CO effective property tax rate: 0.48%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median BEDROCK, CO home value: $80,280
Median annual BEDROCK, CO tax bill: $345, $2,055 lower than the national median property tax bill of $2,400.
How are property taxes in Montrose calculated?
Property taxes in BEDROCK, 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 BEDROCK’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in BEDROCK, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bedrock, Montrose County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.48%
Estimate Property Tax Bill
$385
$358
Ownwell’s Bedrock Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bedrock with just two data points. By entering your property's estimated assessed value, our calculator applies Bedrock’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 Montrose. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Bedrock, Montrose County, Colorado
Local government entities in Colorado set property tax rates, which can vary significantly across the state. Each year, counties estimate their required budget to provide essential services and divide this by the total value of all taxable property within their 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 Bedrock, located in Montrose County, the effective property tax rate is a key figure for property owners to consider. When compared to other cities in Colorado, Bedrock’s rate provides insight into the local tax landscape. The median property tax rate in Colorado is notably lower than the national median, offering a relatively favorable environment for property owners. Understanding these rates and how they compare to both state and national medians can help property owners make informed decisions. By considering these factors, property owners can better navigate the complexities of property taxation and potentially save on their annual tax bills.
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 Bedrock Tax Rate
0.48%
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 Montrose County Tax Rate
0.49%
Median Effective Colorado Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bedrock, Montrose County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81411 | 0.47% | 0.47% | 0.48% | 0.66% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Bedrock, Montrose County, Colorado
When examining property taxes in Bedrock, 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 Montrose 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 Montrose 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 Bedrock. For example, the median home price in Bedrock is $80,280, with tax bills ranging significantly across the county. Zip code 81411 has the highest median home price at $80,280.
Property Tax Assessment Values Across Bedrock, Montrose County, Colorado
Source: Ownwell
$80,280
$306,130
$531,980
Median Bedrock Market Value
$80,280
Median Montrose County Market Value
$398,340
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bedrock, Montrose County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81411 | $24,250 | $36,150 | $80,280 | $204,630 | $296,308 |
Source: Ownwell
Property Tax Bills Across Bedrock, Montrose County, Colorado
Median Bedrock Tax Bill
$345
Median Montrose County Tax Bill
$1,943
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Bedrock, Montrose County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81411 | $116 | $173 | $345 | $1,323 | $2,221 |
Source: Ownwell