Nucla, Montrose County, Colorado Property Taxes

Name: Property Tax Bills Across Nucla, Montrose County, Colorado
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Nucla, CO effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but equal to the Colorado state median of 0.55%.
Median Nucla, CO home value: $143,780
Median annual Nucla, CO tax bill: $802, $1,598 lower than the national median property tax bill of $2,400.

How are property taxes in Montrose calculated?

Property taxes in Nucla, 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 Nucla’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nucla, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Nucla, Montrose County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.53%

Estimate Property Tax Bill

$474

$440

Ownwell’s Nucla Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Nucla with just two data points. By entering your property's estimated assessed value, our calculator applies Nucla’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 County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Nucla, Montrose County, Colorado

Local government entities set tax rates, which can vary widely within a state. This variation is primarily because each county annually 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.

Nucla in Montrose County, Colorado, presents an interesting case in property tax trends. With an effective property tax rate of 0.55%, it stands significantly below both the state and national medians. This lower rate can be advantageous for property owners in Nucla, offering potential savings compared to other regions. The state's median property tax rate aligns with Nucla's, indicating uniformity in property tax assessments within certain areas of Colorado. By contrast, the national median property tax rate is 1.02%, highlighting the relative affordability of property taxes in Nucla. This comparison underscores the importance of understanding local tax structures and their impact on property ownership costs.

Property Tax Rates Across Nucla, Montrose County, Colorado

Source: Ownwell

0.44%

0.50%

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 Nucla Tax Rate

0.53%

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 Nucla, Montrose County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
81424	0.30%	0.46%	0.53%	0.54%	0.61%

Source: Ownwell

Property Tax Assessment Values Across Nucla, Montrose County, Colorado

When examining property taxes in Nucla, 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 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 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 Nucla. For example, the median home price in Nucla is $143,780, with tax bills ranging significantly across the county. 81424 has the highest median home price at $143,780.

Property Tax Assessment Values Across Nucla, Montrose County, Colorado

Source: Ownwell

$25,280

$251,150

$477,020

Median Nucla Market Value

$89,455

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 Nucla, Montrose County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
81424	$14,920	$36,138	$89,455	$170,278	$254,324

Source: Ownwell

Property Tax Bills Across Nucla, Montrose County, Colorado

In Nucla, located in Montrose County, CO, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $143,780. Homeowners typically face a property tax bill that can range significantly, from the 25th percentile at $458 to the 90th percentile at $1,724, depending on various factors such as property size and improvements. The median tax bill in the area is $802, notably lower than the national median property tax bill of $2,400. This can be attributed to the local property tax rate and the assessed value calculations. For homeowners, these taxes can influence the overall cost of owning a home and affect long-term financial planning. Ownwell offers services to help homeowners reduce their property tax bills by providing expert assistance in appealing assessments and securing exemptions. By leveraging Ownwell's expertise, homeowners can potentially save significant amounts, ensuring they only pay what is fair and accurate.

Property Tax Bills Across Nucla, Montrose County, Colorado

Source: Ownwell

$96

$1,170

$2,244

Median Nucla Tax Bill

$439

Median Montrose County Tax Bill

$1,621

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Nucla, Montrose County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
81424	$80	$179	$439	$832	$1,332

Source: Ownwell