Naturita, Montrose County, Colorado Property Taxes
Median Naturita, CO effective property tax rate: 0.57%, significantly lower than the national median of 1.02%, but slightly higher than the Colorado state median of 0.55%.
Median Naturita, CO home value: $85,120
Median annual Naturita, CO tax bill: $488, $1,912 lower than the national median property tax bill of $2,400.
How are property taxes in Montrose County calculated?
Property taxes in Naturita, 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 Naturita’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Naturita, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Naturita, Montrose County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.56%
Estimate Property Tax Bill
$185
$172
Property Tax Rates Across Naturita, Montrose County, Colorado
Local government entities in Colorado, including those in Montrose County, set property tax rates that can vary significantly. Each year, counties like Montrose estimate the budget needed to provide essential services and then divide this figure by the total value of taxable property within their boundaries. This calculation determines the property tax rate. While the process involves votes and laws, this is the basic annual procedure.
In Naturita, situated in Montrose County, the effective property tax rate is 0.57%. This rate is notably lower than the national median property tax rate of 1.02%. Colorado's median property tax rate also stands at 0.57%, making Naturita's rate consistent with the state average. This presents a significant saving for property owners compared to the national average, where the median tax bill is $2400. Residents in Naturita benefit from relatively low property tax rates, making it an attractive location for those looking to optimize their property tax expenditures while enjoying the services funded by these taxes.
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 Naturita Tax Rate
0.56%
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 Naturita, Montrose County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81422 | 0.42% | 0.56% | 0.56% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Naturita, Montrose County, Colorado
When examining property taxes in Naturita, 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 Montrose County Assessor 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 Naturita.
For example, the median home price in Naturita is $85,120, with tax bills ranging significantly across the county. Zip code 81422 has the highest median home price at $85,120.
Property Tax Assessment Values Across Naturita, Montrose County, Colorado
Source: Ownwell
$25,280
$251,150
$477,020
Median Naturita Market Value
$33,120
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 Naturita, Montrose County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81422 | $14,920 | $14,920 | $33,120 | $91,030 | $166,722 |
Source: Ownwell
Property Tax Bills Across Naturita, Montrose County, Colorado
Median Naturita Tax Bill
$194
Median Montrose County Tax Bill
$1,621
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Naturita, Montrose County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81422 | $83 | $83 | $194 | $466 | $890 |
Source: Ownwell