Platteville, Weld County, Colorado Property Taxes

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

Median Platteville, CO effective property tax rate: 0.34%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%. Median Platteville, CO home value: $438,150. Median annual Platteville, CO tax bill: $1,444, $956 lower than the national median property tax bill of $2,400. How are property taxes in Weld County calculated? Property taxes in Platteville, 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 Platteville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Platteville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Platteville, Weld County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.34%

Estimate Property Tax Bill

$1,490

$1,382

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

Local government entities determine property tax rates, which can significantly differ across regions. This variation is due to each county annually calculating the budget needed to provide essential services and dividing it by the total value of all taxable properties within its area. This process establishes the property tax rate. Although setting these rates involves votes and laws, this is the fundamental procedure followed each year.

In Platteville, located in Weld County, Colorado, the effective property tax rate stands at 0.34%, which is notably lower than both the state and national median rates. This lower rate can result in substantial savings for property owners when compared to other regions. The national median property tax rate is 1.02%, with a corresponding median property tax bill of $2,400. By contrast, Platteville's lower tax rate can make it an attractive option for homeowners seeking affordability. Understanding these differences in property tax rates can provide valuable insights for homeowners considering relocation or investment opportunities.

Property Tax Rates Across Platteville, 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 Platteville Tax Rate

0.34%

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 Platteville, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80651	0.24%	0.32%	0.34%	0.39%	0.49%

Source: Ownwell

Property Tax Assessment Values Across Platteville, Weld County, Colorado

When examining property taxes in Platteville, 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 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 Platteville.

For example, the median home price in Platteville is $438,150, with tax bills ranging significantly across the county. Zip code 80651 has the highest median home price at $438,150.

Property Tax Assessment Values Across Platteville, Weld County, Colorado

Source: Ownwell

$206,690

$587,588

$968,485

Median Platteville Market Value

$438,150

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 Platteville, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80651	$94,416	$357,804	$438,150	$525,282	$731,464

Source: Ownwell

Property Tax Bills Across Platteville, Weld County, Colorado

In Platteville, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the Weld County Assessor's Office. The assessed value is a percentage of the property's market value. Homeowners in Platteville face a median property tax bill of $1,444, which is notably lower than the national median of $2,400. Factors such as property size, location, and improvements can influence the assessed value, thus affecting the tax bill. For homeowners, this can mean a significant financial obligation, especially if the assessed value is higher than expected. Ownwell offers valuable assistance by helping homeowners appeal their property taxes. By reviewing assessments and identifying discrepancies, Ownwell can potentially lower tax bills, ensuring that homeowners do not overpay. With their expertise, homeowners can achieve savings and gain peace of mind, knowing their property taxes are fair and accurate. This service is particularly beneficial in regions like Platteville, where understanding local tax nuances can lead to substantial savings.

Property Tax Bills Across Platteville, Weld County, Colorado

Source: Ownwell

$667

$3,861

$7,055

Median Platteville Tax Bill

$1,444

Median Weld County Tax Bill

$2,133

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Platteville, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80651	$638	$1,090	$1,444	$1,739	$3,476

Source: Ownwell