Weldona, Morgan County, Colorado Property Taxes

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

Median Weldona, 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 Weldona, CO home value: $189,995. Median annual Weldona, CO tax bill: $877, $1,523 lower than the national median property tax bill of $2,400.

How are property taxes in Morgan calculated?

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

Last Updated March 1, 2025

Weldona, Morgan County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.52%

Estimate Property Tax Bill

$1,070

$993

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

Property Tax Rates Across Weldona, Morgan County, Colorado

Local government entities set tax rates, which can vary widely within a state. This variation arises because each county annually estimates its required budget to provide essential services. They divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.

In Weldona, located in Morgan County, Colorado, the effective property tax rate is notably lower than the national median. With a median property tax rate of 0.46%, it stands out against the national median rate of 1.02%. This lower rate can translate into significant savings for property owners compared to the national average property tax bill of $2400.

By comparing Weldona's effective property tax rate to other cities in Colorado, as well as the median property tax rates in Colorado and the U.S., property owners can better understand their potential tax liabilities. Understanding these differences is crucial for making informed decisions about property investments and managing tax obligations effectively.

Property Tax Rates Across Weldona, Morgan County, Colorado

Source: Ownwell

0.52%

0.67%

0.82%

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 Weldona Tax Rate

0.52%

Median Effective Morgan County Tax Rate

0.54%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Weldona, Morgan County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80653	0.38%	0.48%	0.52%	0.52%	0.69%

Source: Ownwell

Property Tax Assessment Values Across Weldona, Morgan County, Colorado

When examining property taxes in Weldona, 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 Morgan 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 Morgan 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 Weldona. For example, the median home price in Weldona is $189,995, with tax bills ranging significantly across the county. 80653 has the highest median home price at $189,995.

Property Tax Assessment Values Across Weldona, Morgan County, Colorado

Source: Ownwell

$96,660

$227,953

$359,245

Median Weldona Market Value

$205,700

Median Morgan County Market Value

$245,000

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Weldona, Morgan County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80653	$5,740	$25,290	$205,700	$397,410	$548,766

Source: Ownwell

Property Tax Bills Across Weldona, Morgan County, Colorado

In Weldona, located in Morgan County, CO, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $189,995, the property tax bills vary significantly across different percentiles. Homeowners at the 25th percentile receive a tax bill of approximately $197, while those at the 75th percentile pay around $1,517. The 90th percentile tax bill can reach up to $2,329. These figures highlight the substantial variation in tax obligations, influenced by factors such as property size, location, and improvements. Compared to the national median property tax bill of $2,400, Weldona's tax bills are relatively moderate. However, they still represent a significant expense for homeowners. Ownwell offers valuable assistance by helping homeowners navigate the complexities of property tax assessments and appeals. By identifying potential discrepancies and advocating for fair assessments, Ownwell can help reduce tax liabilities, ensuring homeowners do not overpay and can save money on their property tax bills.

Property Tax Bills Across Weldona, Morgan County, Colorado

Source: Ownwell

$545

$1,408

$2,271

Median Weldona Tax Bill

$1,317

Median Morgan County Tax Bill

$1,391

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Weldona, Morgan County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80653	$106	$550	$1,317	$2,238	$3,352

Source: Ownwell