Ovid, Sedgwick County, Colorado Property Taxes

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

Median Ovid, CO effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Ovid, CO home value: $22,960
Median annual Ovid, CO tax bill: $172, $2,228 lower than the national median property tax bill of $2,400.

How are property taxes in Sedgwick County calculated?

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

Last Updated March 1, 2025

Ovid, Sedgwick County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.26%

Estimate Property Tax Bill

$174

$161

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

Property Tax Rates Across Ovid, Sedgwick County, Colorado

Local government entities are responsible for setting tax rates, leading to significant variation within a state. This variation arises because each county annually estimates its budgetary needs for public services and then divides this amount by the total assessed value of all taxable properties within its jurisdiction, resulting in the property tax rate.

Although the process involves votes and legislation, this is essentially how it unfolds each year. In Ovid, located in Sedgwick County, Colorado, the effective property tax rate is a reflection of the county's specific budgetary requirements and property values. This rate may differ from other cities within Colorado and is also distinct from the national median property tax rate of 1.02%.

Comparing these rates provides valuable insight into how Ovid measures up against both state and national benchmarks. Understanding these differences can help property owners make informed decisions and evaluate the impact of property taxes on their financial planning.

Property Tax Rates Across Ovid, Sedgwick County, Colorado

Source: Ownwell

0.26%

0.32%

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 Ovid Tax Rate

0.26%

Median Effective Sedgwick County Tax Rate

0.33%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ovid, Sedgwick County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80744	0.15%	0.19%	0.26%	0.52%	1.46%

Source: Ownwell

Property Tax Assessment Values Across Ovid, Sedgwick County, Colorado

When examining property taxes in Ovid, 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 Sedgwick 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 Sedgwick 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 Ovid. For example, the median home price in Ovid is $22,960, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Ovid, Sedgwick County, Colorado

Source: Ownwell

$66,816

$87,744

$108,672

Median Ovid Market Value

$66,816

Median Sedgwick County Market Value

$97,258

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ovid, Sedgwick County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80744	$12,319	$43,137	$66,816	$119,710	$174,306

Source: Ownwell

Property Tax Bills Across Ovid, Sedgwick County, Colorado

In the city of Ovid, located in Sedgwick County, CO, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the market value determined by the county assessor. With a median home price of $22,960, homeowners in Ovid face a property tax bill that aligns with the 25th, 75th, and 90th percentiles, all at $172. This is significantly lower than the national median property tax bill of $2,400, offering a more affordable tax environment for residents. However, even with lower bills, ensuring that assessments are fair and accurate is crucial for homeowners. Factors such as neighborhood changes, home improvements, and market conditions can affect assessments and, consequently, tax bills. Ownwell assists homeowners by providing property tax appeal services, ensuring that assessments reflect true market values. By leveraging expertise in local tax regulations, Ownwell can help homeowners potentially reduce their tax obligations, ensuring they only pay their fair share and maximize their savings.

Property Tax Bills Across Ovid, Sedgwick County, Colorado

Source: Ownwell

$167

$269

$370

Median Ovid Tax Bill

$167

Median Sedgwick County Tax Bill

$319

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Ovid, Sedgwick County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80744	$58	$104	$167	$551	$1,575

Source: Ownwell