Toponas, Routt County, Colorado Property Taxes

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

Median Toponas, CO effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Toponas, CO home value: $230,650
Median annual Toponas, CO tax bill: $1,996, $404 lower than the national median property tax bill of $2,400.

How are property taxes in Routt calculated?

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

Last Updated March 1, 2025

Toponas, Routt County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.48%

Estimate Property Tax Bill

$1,722

$1,598

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

Property Tax Rates Across Toponas, Routt County, Colorado

Local government entities set property tax rates, and these can vary significantly within a state. This is due to the fact that each county estimates its required budget annually to fund services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Votes and laws play a role in setting these rates and budgets, but this is essentially the annual process. In Toponas, located in Routt County, CO, the effective property tax rate is 0.54%. This is lower than the national median property tax rate of 1.02%. The median property tax bill in Toponas is also notably less than the national median tax bill of $2400. By comparing Toponas’s property tax rate to other cities in Colorado and the U.S., property owners can see the relative affordability of property taxes in this region. This can be a significant factor for homeowners and investors considering property in Routt County.

Property Tax Rates Across Toponas, Routt County, Colorado

Source: Ownwell

0.28%

0.52%

0.76%

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 Toponas Tax Rate

0.48%

Median Effective Routt County Tax Rate

0.28%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Toponas, Routt County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80479	0.46%	0.46%	0.48%	0.79%	1.28%

Source: Ownwell

Property Tax Assessment Values Across Toponas, Routt County, Colorado

When examining property taxes in Toponas, 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 Routt 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 Routt 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 Toponas.

For example, the median home price in Toponas is $230,650, with tax bills ranging significantly across the county. Zip code 80479 has the highest median home price at $230,650.

Property Tax Assessment Values Across Toponas, Routt County, Colorado

Source: Ownwell

$287,690

$681,555

$1,075,420

Median Toponas Market Value

$358,810

Median Routt County Market Value

$888,485

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Toponas, Routt County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80479	$41,292	$91,195	$358,810	$682,155	$874,834

Source: Ownwell

Property Tax Bills Across Toponas, Routt County, Colorado

In Toponas, located in Routt County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Toponas is $230,650, leading to varying tax bills across different percentiles. For instance, homeowners at the 25th percentile pay around $1,012, while those at the 75th percentile face bills closer to $3,569. A significant difference is seen at the 90th percentile, with tax bills reaching $7,508. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Toponas homeowners experience a wide range of tax obligations. Ownwell offers expert property tax appeal and exemption services to help homeowners in Toponas potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell assists in lowering tax liabilities, providing significant savings and relief to homeowners.

Property Tax Bills Across Toponas, Routt County, Colorado

Source: Ownwell

$1,371

$2,320

$3,269

Median Toponas Tax Bill

$2,426

Median Routt County Tax Bill

$3,002

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Toponas, Routt County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80479	$462	$823	$2,426	$4,062	$6,657

Source: Ownwell