Villa Grove, Saguache County, Colorado Property Taxes

Local government entities determine tax rates, which can significantly differ across regions within a state. Each year, counties calculate their necessary budgets to fund local services and divide these budgets by the total assessed value of all taxable properties within their boundaries. This process establishes the property tax rate for the area. Although the setting of tax rates and budgets involves votes and legal frameworks, this annual calculation is the core of the process.

In Villa Grove, located in Saguache County, the effective property tax rate stands at 0.57%, which is below the national median of 1.02%. This rate is consistent with the highest and lowest median tax rates within the region, both recorded at 0.57% in the same zip code. When comparing Villa Grove’s property tax rate to the state median, it is evident that homeowners here benefit from relatively lower property tax obligations. This can present significant savings for property owners in the area, making it an attractive option for those looking to minimize their property tax expenses.

In Villa Grove, CO, property tax bills are determined by the assessed value of a home, which is a percentage of the market value. The median home price in Villa Grove is $62,323, significantly lower than the national average. Homeowners in Villa Grove can expect their tax bills to vary, with the 25th percentile at $116 and the 75th percentile reaching $829. The highest median tax bill in the area is $347, which is considerably below the national median property tax bill of $2,400. This lower tax burden can be both a relief and a challenge for homeowners, as lower taxes might reflect lower public service funding.

Ownwell offers valuable assistance to homeowners by providing expert property tax appeal and exemption services. By analyzing market trends and comparable properties, Ownwell helps homeowners ensure their property assessments are fair, potentially reducing their tax bills. This personalized approach not only helps homeowners save money but also ensures they are paying only their fair share of property taxes.