Sedgwick, Sedgwick County, Colorado Property Taxes
Median Sedgwick, CO effective property tax rate: 0.38%, significantly lower than the national median of 1.02% and lower than the Colorado state median of 0.50%.
Median Sedgwick, CO home value: $93,466
Median annual Sedgwick, CO tax bill: $339, $2,061 lower than the national median property tax bill of $2,400.
How are property taxes in Sedgwick County calculated?
Property taxes in Sedgwick, 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 Sedgwick's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sedgwick, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sedgwick, Sedgwick County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.38%
Estimate Property Tax Bill
$355
$330
Property Tax Rates Across Sedgwick, Sedgwick County, Colorado
Local government entities in Sedgwick, CO, set property tax rates, and these can differ significantly across the state. The process involves each county estimating its budget needs to provide essential services and dividing this by the total value of all taxable properties within its jurisdiction. This calculation determines the property tax rate for the year. While votes and legislative measures play a role in setting these rates and budgets, this is the core process.
Sedgwick's effective property tax rate is notably lower than many other cities in Colorado. Compared to the national median property tax rate of 1.02%, Sedgwick's rate is significantly more favorable. This can be particularly appealing for property owners looking to optimize their expenses. The lower property tax rate in Sedgwick not only makes it an attractive place for residents but also highlights the varying tax landscapes within Colorado. Understanding these differences can help property owners make informed decisions about where to invest or settle, taking advantage of lower tax obligations while still benefiting from local services and amenities.
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 Sedgwick Tax Rate
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 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 Sedgwick, Sedgwick County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80749 | 0.16% | 0.21% | 0.38% | 0.67% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Sedgwick, Sedgwick County, Colorado
When examining property taxes in Sedgwick, 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 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 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 Sedgwick. For example, the median home price in Sedgwick is $93,466, with tax bills ranging significantly across the county. Zip code 80749 has the highest median home price at $93,466.
Property Tax Assessment Values Across Sedgwick, Sedgwick County, Colorado
Source: Ownwell
$66,816
$87,744
$108,672
Median Sedgwick Market Value
$93,466
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 Sedgwick, Sedgwick County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80749 | $18,397 | $48,565 | $93,466 | $181,114 | $288,806 |
Source: Ownwell
Property Tax Bills Across Sedgwick, Sedgwick County, Colorado
Median Sedgwick Tax Bill
$339
Median Sedgwick County Tax Bill
$319
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Sedgwick, Sedgwick County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80749 | $73 | $93 | $339 | $1,239 | $2,892 |
Source: Ownwell