Severance, Weld County, Colorado Property Taxes

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

Median Severance, CO effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Severance, CO home value: $501,799
Median annual Severance, CO tax bill: $3,817, $1,417 higher than the national median property tax bill of $2,400.

How are property taxes in Weld County calculated?

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

Last Updated March 1, 2025

Severance, Weld County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.74%

Estimate Property Tax Bill

$3,713

$3,446

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

Local government entities set tax rates, which can vary widely within a state. This variation occurs because annually, 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. Severance in Weld County, Colorado, is no exception. Here, property tax rates reflect the county's budgetary needs and the assessed value of properties. Severance's effective property tax rate can be compared to other cities in Colorado and the median property tax rates in Colorado and the U.S. The median property tax rate in Colorado is lower than the national median, making it an attractive state for property owners. Within Weld County, there are variations; the highest median tax rate is in the 80524 ZIP code, while the lowest is in the 80615 ZIP code. Understanding these differences can help property owners make informed decisions about their investments.

Property Tax Rates Across Severance, 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 Severance Tax Rate

0.74%

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 Severance, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80524	0.30%	0.69%	0.93%	0.94%	1.07%
80546	0.34%	0.48%	0.48%	0.54%	0.62%
80550	0.48%	0.50%	0.79%	0.83%	0.84%
80610	0.51%	0.57%	0.59%	0.60%	0.61%
80615	0.35%	0.41%	0.43%	0.43%	0.45%

Source: Ownwell

Property Tax Assessment Values Across Severance, Weld County, Colorado

When examining property taxes in Severance, 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. For example, the median home price in Severance is $501,799, with tax bills ranging significantly across the county. The zip code 80610 has the highest median home price at $968,485.

Property Tax Assessment Values Across Severance, Weld County, Colorado

Source: Ownwell

$206,690

$587,588

$968,485

Median Severance Market Value

$501,799

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 Severance, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80524	$214,298	$519,904	$848,000	$919,682	$993,118
80546	$276,580	$362,438	$456,053	$492,756	$520,172
80550	$428,536	$458,400	$496,438	$549,995	$644,526
80610	$827,106	$883,787	$968,485	$1,059,125	$1,178,201
80615	$614,899	$644,375	$683,972	$732,563	$905,221

Source: Ownwell

Property Tax Bills Across Severance, Weld County, Colorado

In Severance, Weld County, CO, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. The tax rate is then applied to this assessed value to calculate the tax bill. For homeowners in Severance, the median home price is $501,799, which can result in tax bills ranging from $2,493 at the 25th percentile to $5,074 at the 90th percentile. This variability highlights the impact of home value assessments and tax rates on individual tax bills. Compared to the national median property tax bill of $2,400, Severance homeowners may face higher costs, particularly at the upper percentiles.

Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. This can lead to significant savings by ensuring that homes are fairly assessed and that homeowners are not overpaying. By leveraging their expertise, Ownwell helps homeowners navigate the complexities of property taxes, potentially reducing their financial burden and ensuring that they pay only what is necessary.

Property Tax Bills Across Severance, Weld County, Colorado

Source: Ownwell

$667

$3,861

$7,055

Median Severance Tax Bill

$3,817

Median Weld County Tax Bill

$2,133

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Severance, Weld County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80524	$2,289	$2,289	$7,055	$8,286	$9,167
80546	$1,466	$1,885	$2,194	$2,393	$2,537
80550	$2,121	$2,525	$3,828	$4,328	$4,849
80610	$4,646	$5,069	$5,630	$6,252	$6,977
80615	$2,374	$2,669	$2,879	$3,144	$3,794

Source: Ownwell