Mountain Vlg, San Miguel County, Colorado Property Taxes

Name: Property Tax Bills Across Mountain Vlg, San Miguel County, Colorado
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Mountain Village, CO effective property tax rate: 0.26%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Mountain Village, CO home value: $1,019,152
Median annual Mountain Village, CO tax bill: $2,944, $544 higher than the national median property tax bill of $2,400.

How are property taxes in San Miguel County calculated?

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

Last Updated March 1, 2025

Mountain Vlg, San Miguel County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.38%

Estimate Property Tax Bill

$3,368

$3,126

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

Property Tax Rates Across Mountain Vlg, San Miguel County, Colorado

Local government entities set property tax rates, which can vary significantly within Colorado. This variation arises because each county annually estimates its budget to fund essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core process undertaken each year. In Mountain Village, located in San Miguel County, the effective property tax rate is notably different from other cities in Colorado and the national median. Colorado's median property tax rate stands lower than the national median of 1.02%. This difference highlights the unique fiscal strategies employed by local governments to meet their budgetary needs while considering the value of properties within their areas. Comparing Mountain Village’s property tax rate with other cities in Colorado and the national average offers valuable insight into how local government decisions impact property owners. Understanding these differences can empower property owners to make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Mountain Vlg, San Miguel County, Colorado

Source: Ownwell

0.29%

0.34%

0.38%

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 Mountain Vlg Tax Rate

0.38%

Median Effective San Miguel County Tax Rate

0.34%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mountain Vlg, San Miguel County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
81435	0.36%	0.38%	0.38%	0.39%	0.40%

Source: Ownwell

Property Tax Assessment Values Across Mountain Vlg, San Miguel County, Colorado

When examining property taxes in Mountain Vlg, 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 San Miguel 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. Assessment notices: In San Miguel 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 Mountain Vlg. For example, the median home price in Mountain Vlg is $1,019,152, with tax bills ranging significantly across the county. 81435 has the highest median home price at $1,019,152.

Property Tax Assessment Values Across Mountain Vlg, San Miguel County, Colorado

Source: Ownwell

$554,171

$1,058,370

$1,562,568

Median Mountain Vlg Market Value

$886,440

Median San Miguel County Market Value

$1,031,718

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mountain Vlg, San Miguel County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
81435	$423,424	$654,588	$886,440	$1,255,630	$1,583,865

Source: Ownwell

Property Tax Bills Across Mountain Vlg, San Miguel County, Colorado

In Mountain Village, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the San Miguel County Assessor's office. The assessed value is a percentage of the property's market value. This value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as property improvements, market trends, and neighborhood changes can influence the assessed value, impacting the tax bill. Homeowners in Mountain Village face a median property tax bill of $2,944, which is slightly above the national median of $2,400. With the 25th percentile tax bill at $2,432 and the 75th percentile at $3,515, there's a significant range in what homeowners might pay. Ownwell helps homeowners potentially reduce these costs by providing expert property tax appeal services. By analyzing property data and market conditions, Ownwell can identify opportunities for tax savings and guide homeowners through the appeal process, ensuring they pay only their fair share.

Property Tax Bills Across Mountain Vlg, San Miguel County, Colorado

Source: Ownwell

$1,908

$3,761

$5,613

Median Mountain Vlg Tax Bill

$3,547

Median San Miguel County Tax Bill

$3,674

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Mountain Vlg, San Miguel County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
81435	$1,625	$2,614	$3,547	$5,355	$6,768

Source: Ownwell