Haxtun, Phillips County, Colorado Property Taxes

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

Median Haxtun, CO effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Haxtun, CO home value: $136,616
Median annual Haxtun, CO tax bill: $1,006, $1,394 lower than the national median property tax bill of $2,400.

How are property taxes in Phillips County calculated?

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

Last Updated March 1, 2025

Haxtun, Phillips County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.7%

Estimate Property Tax Bill

$999

$927

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

Property Tax Rates Across Haxtun, Phillips County, Colorado

Local government entities are responsible for setting tax rates, leading to significant variations within a state. This is because each county annually estimates the budget needed to provide services and divides it by the total value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. While setting tax rates and budgets involves votes and laws, this is essentially the annual process. In Haxtun, located in Phillips County, Colorado, the effective property tax rate reflects this calculation. When comparing Haxtun's tax rate to other cities in Colorado, you can see how it stands in relation to the median property tax rates in the state and across the U.S. With the national median property tax rate at 1.02%, Haxtun's rate provides a point of comparison for property owners looking to understand their tax obligations better. Understanding these differences can help property owners make informed decisions about property investments and tax appeals.

Property Tax Rates Across Haxtun, Phillips County, Colorado

Source: Ownwell

0.57%

0.63%

0.70%

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 Haxtun Tax Rate

0.70%

Median Effective Phillips County Tax Rate

0.68%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Haxtun, Phillips County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80731	0.35%	0.58%	0.70%	0.70%	0.70%

Source: Ownwell

Property Tax Assessment Values Across Haxtun, Phillips County, Colorado

When examining property taxes in Haxtun, 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 Phillips 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 Phillips 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 Haxtun.

For example, the median home price in Haxtun is $136,616, with tax bills ranging significantly across the county. Zip code 80731 has the highest median home price at $136,616.

Property Tax Assessment Values Across Haxtun, Phillips County, Colorado

Source: Ownwell

$85,381

$114,041

$142,700

Median Haxtun Market Value

$142,700

Median Phillips County Market Value

$139,574

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Haxtun, Phillips County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80731	$25,987	$78,897	$142,700	$237,117	$331,360

Source: Ownwell

Property Tax Bills Across Haxtun, Phillips County, Colorado

In Haxtun, located in Phillips County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The median home price is approximately $136,616, and homeowners can expect a property tax bill around the median of $1,006. This is significantly lower than the national median property tax bill of $2,400. The tax bill can vary, with the 25th percentile at $643 and the 75th percentile reaching $1,512. Factors influencing the tax bill include the property's assessed value and local tax rates. Homeowners in Haxtun benefit from relatively low property tax rates, but they can still find opportunities to save. Ownwell offers services to help homeowners reduce their property tax bills by appealing assessments and ensuring any applicable exemptions are applied. By leveraging expert knowledge and experience, Ownwell can assist homeowners in identifying potential savings and navigating the complexities of property tax assessments, ultimately reducing their financial burden.

Property Tax Bills Across Haxtun, Phillips County, Colorado

Source: Ownwell

$363

$629

$895

Median Haxtun Tax Bill

$895

Median Phillips County Tax Bill

$824

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Haxtun, Phillips County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80731	$178	$464	$895	$1,513	$2,168

Source: Ownwell