Mead, Weld County, Colorado Property Taxes

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

Median Mead, CO effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Mead, CO home value: $555,460
Median annual Mead, CO tax bill: $3,889, $1,489 higher than the national median property tax bill of $2,400.

How are property taxes in Weld County calculated?

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

Last Updated March 1, 2025

Mead, Weld County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.58%

Estimate Property Tax Bill

$3,222

$2,990

Ownwell’s MEAD Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in MEAD with just two data points. By entering your property's estimated assessed value, our calculator applies MEAD’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 Mead, Weld County, Colorado

Local government entities set property tax rates, which can vary significantly even within the same state. Each county determines its required budget for providing services and then divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although the process involves votes and legislation, this is the basic annual procedure.

In Mead, located in Weld County, Colorado, the effective property tax rate is reflective of the county's fiscal needs and property values. With a median property tax rate of 0.58%, Mead's rate is notably lower than the national median of 1.02%. This positions Mead favorably for property owners when compared to both the state and national averages.

The highest median property tax rate in Weld County is found in the 80504 zip code at 0.60%, while the lowest is in the 80542 zip code at 0.58%. This variation within the county underscores how local budgets and property valuations impact tax rates. Comparing Mead's rate to these figures and national statistics highlights the relative affordability of property taxes in this area.

Property Tax Rates Across Mead, 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 Mead Tax Rate

0.58%

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 Mead, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80504	0.59%	0.59%	0.60%	0.92%	0.99%
80542	0.39%	0.53%	0.58%	0.82%	0.87%

Source: Ownwell

Property Tax Assessment Values Across Mead, Weld County, Colorado

When examining property taxes in Mead, Colorado, 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.

Assessment notices: 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 Mead.

For example, the median home price in Mead is $555,460, with tax bills ranging significantly across the county. Zip code 80542 has the highest median home price at $557,188.

Property Tax Assessment Values Across Mead, Weld County, Colorado

Source: Ownwell

$206,690

$587,588

$968,485

Median Mead Market Value

$555,460

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 Mead, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80504	$190,887	$192,638	$273,214	$682,481	$712,726
80542	$423,809	$482,493	$557,188	$655,893	$913,744

Source: Ownwell

Property Tax Bills Across Mead, Weld County, Colorado

In Mead, located in Weld County, Colorado, property tax bills are calculated based on the property's assessed value. The local tax rate is applied to this assessed value to determine the tax bill. Factors such as market conditions and property improvements can influence the assessed value. In Mead, the median home price is $555,460, which results in a median tax bill that can range significantly. For example, the tax bill at the 25th percentile is $2,580, while at the 75th percentile it climbs to $4,857. Notably, the highest median tax bill in the area is $3,902, which is above the national median of $2,400. This variation can impact homeowners' budgets significantly. Ownwell can assist homeowners in Mead by appealing property tax assessments and ensuring they are not overpaying. By leveraging expert knowledge and local market insights, Ownwell helps to identify potential savings and secure fair tax bills, providing financial relief to homeowners.

Property Tax Bills Across Mead, Weld County, Colorado

Source: Ownwell

$667

$3,861

$7,055

Median Mead Tax Bill

$3,889

Median Weld County Tax Bill

$2,133

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Mead, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80504	$1,138	$1,151	$1,600	$5,404	$6,858
80542	$1,893	$2,605	$3,902	$4,856	$5,419

Source: Ownwell