Crawford, Montrose County, Colorado Property Taxes
Median Crawford, CO effective property tax rate: 0.46%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Crawford, CO home value: $341,665
Median annual Crawford, CO tax bill: $1,650, $750 lower than the national median property tax bill of $2,400.
How are property taxes in Montrose calculated?
Property taxes in Crawford, 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 Crawford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Crawford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Crawford, Montrose County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.45%
Estimate Property Tax Bill
$1,292
$1,199
Property Tax Rates Across Crawford, Montrose County, Colorado
Local government entities determine tax rates, which can vary significantly within a state. Each county estimates its required budget to provide services, dividing it by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Crawford, located in Montrose County, Colorado, the effective property tax rate is 0.46%. This rate is notably lower than the national median property tax rate of 1.02%. The median property tax bill in Crawford is also likely to be lower than the national median of $2,400, given the lower rate.
When comparing Crawford’s rate to other cities in Colorado, it stands out as particularly low. This can be advantageous for property owners seeking to minimize their tax burden, making Crawford an attractive location for those looking to invest in property while maintaining lower annual expenses.
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 Crawford Tax Rate
0.45%
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
0.48%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Crawford, Montrose County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
81415 | 0.36% | 0.44% | 0.45% | 0.50% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Crawford, Montrose County, Colorado
When examining property taxes in Crawford, 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 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 Crawford. For example, the median home price in Crawford is $341,665, with tax bills ranging significantly across the county. 81415 has the highest median home price at $341,665.
Property Tax Assessment Values Across Crawford, Montrose County, Colorado
Source: Ownwell
$25,280
$251,150
$477,020
Median Crawford Market Value
$287,045
Median Montrose County Market Value
$342,495
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Crawford, Montrose County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
81415 | $75,450 | $162,175 | $287,045 | $470,580 | $774,802 |
Source: Ownwell
Property Tax Bills Across Crawford, Montrose County, Colorado
In Crawford, located in Montrose County, Colorado, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Crawford face a median property tax bill of $1,650, which is significantly below the national median of $2,400. However, bills can vary widely, with the 25th percentile at $1,085 and the 90th percentile reaching $3,958. These variations can have a substantial impact on homeowners, affecting their overall financial planning and budgeting.
Ownwell offers a solution for homeowners looking to save on their property tax bills. By providing expert property tax appeal and exemption services, Ownwell can help homeowners potentially reduce their assessed property values and, consequently, their tax bills. This service can lead to significant savings, easing the financial burden on homeowners in Crawford.
Median Crawford Tax Bill
$1,293
Median Montrose County Tax Bill
$1,621
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Crawford, Montrose County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
81415 | $404 | $797 | $1,293 | $2,128 | $3,530 |
Source: Ownwell