Firestone, Weld County, Colorado Property Taxes

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

Median Firestone, CO effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but equal to the Colorado state median of 0.55%.
Median Firestone, CO home value: $549,328
Median annual Firestone, CO tax bill: $2,971, $571 higher than the national median property tax bill of $2,400.

How are property taxes in Weld County calculated?

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

Last Updated March 1, 2025

Firestone, Weld County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.55%

Estimate Property Tax Bill

$3,021

$2,804

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

Property Tax Rates Across Firestone, Weld County, Colorado

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Firestone, located in Weld County, Colorado, the effective property tax rate is a topic of interest for homeowners. Firestone's tax rate stands at 0.55%, which aligns with the highest median tax rate found in the area. This rate is notably lower than the national median property tax rate of 1.02%, making Firestone an appealing location for potential property owners. Compared to the national median property tax bill of $2400, Firestone residents benefit from relatively lower property tax obligations. This means that homeowners in Firestone can enjoy reduced tax expenses while still benefiting from the essential services funded by these taxes. Whether you're considering purchasing a property or currently own one, understanding these rates can be crucial for financial planning.

Property Tax Rates Across Firestone, Weld County, Colorado

Source: Ownwell

0.24%

0.59%

0.93%

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 Firestone Tax Rate

0.55%

Median Effective Weld County Tax Rate

0.49%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Firestone, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80504	0.45%	0.53%	0.54%	0.65%	0.85%
80520	0.39%	0.53%	0.55%	0.57%	0.64%

Source: Ownwell

Property Tax Assessment Values Across Firestone, Weld County, Colorado

When examining property taxes in Firestone, 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 Weld 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.

In Weld 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 Firestone.

For example, the median home price in Firestone is $549,328, with tax bills ranging significantly across the county. Zip code 80504 has the highest median home price at $562,199.

Property Tax Assessment Values Across Firestone, Weld County, Colorado

Source: Ownwell

$206,690

$587,588

$968,485

Median Firestone Market Value

$549,328

Median Weld County Market Value

$452,949

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Firestone, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80504	$318,942	$508,280	$562,199	$618,482	$693,248
80520	$325,746	$388,677	$426,862	$479,664	$531,733

Source: Ownwell

Property Tax Bills Across Firestone, Weld County, Colorado

In Firestone, CO, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, and it influences the total tax bill. Homeowners in Firestone face varying tax bills, with the median falling between $2,432 and $3,605. This range reflects the diversity in property values and local tax rates within the area. For homeowners, these tax bills can represent a significant annual expense, affecting overall financial planning and homeownership costs. The highest median tax bill in the region is $3,088, notably above the national median of $2,400, which highlights the financial impact on local residents. Ownwell offers valuable assistance by providing property tax appeal and exemption services, potentially lowering these expenses. By leveraging local expertise and understanding of tax regulations, Ownwell helps homeowners identify discrepancies in assessed values or errors in tax calculations, ensuring they pay only their fair share. This service can lead to substantial savings, easing the financial burden on homeowners.

Property Tax Bills Across Firestone, Weld County, Colorado

Source: Ownwell

$667

$3,861

$7,055

Median Firestone Tax Bill

$2,971

Median Weld County Tax Bill

$2,133

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Firestone, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80504	$1,331	$2,613	$3,088	$3,791	$5,299
80520	$1,498	$2,045	$2,356	$2,615	$2,961

Source: Ownwell