Rifle, Rio Blanco County, Colorado Property Taxes

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

Median Rifle, CO effective property tax rate: 0.32%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Rifle, CO home value: $209,345
Median annual Rifle, CO tax bill: $549, $1,851 lower than the national median property tax bill of $2,400.

How are property taxes in Rio Blanco calculated?

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

Last Updated March 1, 2025

Rifle, Rio Blanco County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.32%

Estimate Property Tax Bill

$670

$622

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

Property Tax Rates Across Rifle, Rio Blanco County, Colorado

Local government entities set tax rates, which can vary widely within a state. Annually, each county 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. Below, you can compare Rifle’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.

Rifle, located in Rio Blanco County, presents a unique case when it comes to property tax rates. With a median property tax rate of 0.32%, Rifle offers a more favorable tax environment compared to the national median of 1.02%. This lower rate can make a significant difference for property owners, as it translates to reduced annual tax bills compared to the national average of $2400. Property owners in Rifle benefit from a tax rate that not only supports local services but also keeps expenses manageable. This advantage makes Rifle an attractive option for those looking to invest in property without the burden of high property taxes.

Property Tax Rates Across Rifle, Rio Blanco County, Colorado

Source: Ownwell

0.32%

0.41%

0.51%

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 Rifle Tax Rate

0.32%

Median Effective Rio Blanco County Tax Rate

0.43%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Rifle, Rio Blanco County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
81650	0.25%	0.30%	0.32%	0.47%	0.59%

Source: Ownwell

Property Tax Assessment Values Across Rifle, Rio Blanco County, Colorado

When examining property taxes in Rifle, 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 Rio Blanco 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. Assessment notices: In Rio Blanco 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 Rifle. For example, the median home price in Rifle is $209,345, with tax bills ranging significantly across the county. Zip code 81650 has the highest median home price at $209,345.

Property Tax Assessment Values Across Rifle, Rio Blanco County, Colorado

Source: Ownwell

$124,880

$167,113

$209,345

Median Rifle Market Value

$209,345

Median Rio Blanco County Market Value

$159,630

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Rifle, Rio Blanco County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
81650	$24,640	$100,772	$209,345	$289,338	$373,925

Source: Ownwell

Property Tax Bills Across Rifle, Rio Blanco County, Colorado

In Rifle, located in Rio Blanco County, CO, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Rifle is $209,345, with property tax bills ranging from $353 at the 25th percentile to $1,782 at the 90th percentile. The median property tax bill stands at $549, significantly lower than the national median of $2,400. This lower tax bill can be attributed to the region's tax rate and assessment practices. Factors influencing the tax bill include property value, local tax rates, and any applicable exemptions. Homeowners in Rifle benefit from relatively low property tax bills, but there's still room for savings. This is where Ownwell can help. By providing property tax appeal and exemption services, Ownwell assists homeowners in ensuring their properties are fairly assessed, potentially reducing tax liabilities. With expert guidance, homeowners can navigate the complexities of property tax assessments, maximizing savings and ensuring they only pay their fair share.

Property Tax Bills Across Rifle, Rio Blanco County, Colorado

Source: Ownwell

$549

$621

$692

Median Rifle Tax Bill

$549

Median Rio Blanco County Tax Bill

$651

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Rifle, Rio Blanco County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
81650	$77	$353	$549	$1,232	$1,782

Source: Ownwell