Milliken, Weld County, Colorado Property Taxes
Median Milliken, CO effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Milliken, CO home value: $430,688
Median annual Milliken, CO tax bill: $2,724, $324 higher than the national median property tax bill of $2,400.
How are property taxes in Weld County calculated?
Property taxes in Milliken, 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 Milliken’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Milliken, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Milliken, Weld County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.63%
Estimate Property Tax Bill
$2,713
$2,518
Ownwell’s Milliken Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Milliken with just two data points.
By entering your property's estimated assessed value, our calculator applies Milliken’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 Milliken, Weld County, Colorado
Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because, each year, counties estimate the budget required to provide public services and divide this by the total value of all taxable property in their area. This calculation results in the property tax rate. Although the process involves votes and laws to set rates and budgets, this is the essence of how it works annually.
In Milliken, located in Weld County, the effective property tax rate is 0.63%, which is notably below the national median property tax rate of 1.02%. This rate reflects how Milliken's local government manages its budget and services compared to other areas.
The property tax rates in Milliken can be compared to other cities within Colorado and the broader U.S. median. Understanding these rates helps property owners gauge their tax responsibilities and how they align with national averages. The relatively low tax rate in Milliken may appeal to property owners looking for lower tax burdens while still benefiting from local services.
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 Milliken Tax Rate
0.63%
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 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 Milliken, Weld County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80543 | 0.50% | 0.62% | 0.63% | 0.81% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Milliken, Weld County, Colorado
When examining property taxes in Milliken, 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 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.
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 Milliken.
For example, the median home price in Milliken is $430,688, with tax bills ranging significantly across the county. Zip code 80543 has the highest median home price at $430,688.
Property Tax Assessment Values Across Milliken, Weld County, Colorado
Source: Ownwell
$206,690
$587,588
$968,485
Median Milliken Market Value
$430,688
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 Milliken, Weld County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80543 | $338,004 | $383,832 | $430,688 | $467,701 | $531,049 |
Source: Ownwell
Property Tax Bills Across Milliken, Weld County, Colorado
Median Milliken Tax Bill
$2,724
Median Weld County Tax Bill
$2,133
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Milliken, Weld County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80543 | $1,772 | $2,347 | $2,724 | $3,684 | $4,205 |
Source: Ownwell