Idalia, Yuma County, Colorado Property Taxes
Median IDALIA, CO effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, but slightly higher than the Colorado state median of 0.55%.
Median IDALIA, CO home value: $87,320
Median annual IDALIA, CO tax bill: $702, $1,698 lower than the national median property tax bill of $2,400.
How are property taxes in Yuma County calculated?
Property taxes in IDALIA, 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 IDALIA’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in IDALIA, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Idalia, Yuma County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.52%
Estimate Property Tax Bill
$557
$517
Property Tax Rates Across Idalia, Yuma County, Colorado
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 Idalia Tax Rate
0.52%
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 Yuma County Tax Rate
0.43%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Idalia, Yuma County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80735 | 0.15% | 0.26% | 0.52% | 0.88% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Idalia, Yuma County, Colorado
When examining property taxes in Idalia, 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 Yuma 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.
Assessment notices: In Yuma 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 Idalia. For example, the median home price in Idalia is $87,320, with tax bills ranging significantly across the county. 80735 has the highest median home price at $87,320.
Property Tax Assessment Values Across Idalia, Yuma County, Colorado
Source: Ownwell
$58,810
$165,740
$272,670
Median Idalia Market Value
$107,150
Median Yuma County Market Value
$148,750
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Idalia, Yuma County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80735 | $9,892 | $33,050 | $107,150 | $220,240 | $312,558 |
Source: Ownwell
Property Tax Bills Across Idalia, Yuma County, Colorado
In Idalia, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the property's market value. For homeowners in Yuma County, the median home price is $87,320. The property tax rate is then applied to this assessed value to determine the tax bill. Factors such as local government budgets and school funding needs can influence the tax rate, impacting the final bill homeowners receive. In Idalia, the median property tax bill stands at $702, significantly lower than the national median of $2,400. However, tax bills can vary, with some homeowners in the 90th percentile paying up to $2,986.
Ownwell can assist homeowners in Idalia by identifying potential savings on their property tax bills. By analyzing market trends and comparable assessments, Ownwell helps ensure that homeowners are not overpaying. With expert guidance, homeowners can appeal their assessments, potentially lowering their tax burden and keeping more money in their pockets.
Median Idalia Tax Bill
$764
Median Yuma County Tax Bill
$684
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Idalia, Yuma County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80735 | $50 | $112 | $764 | $1,690 | $3,229 |
Source: Ownwell