Kirk, Yuma County, Colorado Property Taxes
Median Kirk, CO effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Kirk, CO home value: $67,870
Median annual Kirk, CO tax bill: $557, $1,843 lower than the national median property tax bill of $2,400.
How are property taxes in Yuma calculated?
Property taxes in Kirk, 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 Kirk’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kirk, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kirk, Yuma County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.44%
Estimate Property Tax Bill
$343
$319
Property Tax Rates Across Kirk, Yuma County, Colorado
Local government entities in Colorado set property tax rates, which can vary significantly across the state. Each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Votes and laws play a role in this process, but this is the essence of how rates are determined each year.
In Kirk, located in county 08125, the effective property tax rate is 0.54%. This is notably lower than the national median property tax rate of 1.02%. Comparatively, the median property tax rate in Colorado is also 0.54%, indicating a consistent rate across the state. The property tax bill in Kirk is considerably lower than the national median of $2,400, making it an attractive location for property owners seeking lower tax burdens. By understanding these rates, property owners in Kirk and throughout Colorado can better anticipate their annual tax liabilities and make informed financial decisions.
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 Kirk Tax Rate
0.44%
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 Kirk, Yuma County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80824 | 0.14% | 0.23% | 0.44% | 0.61% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Kirk, Yuma County, Colorado
When examining property taxes in Kirk, 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'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 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 Kirk.
For example, the median home price in Kirk is $67,870, with tax bills ranging significantly across the county. Zip code 80824 has the highest median home price at $67,870.
Property Tax Assessment Values Across Kirk, Yuma County, Colorado
Source: Ownwell
$58,810
$165,740
$272,670
Median Kirk Market Value
$78,030
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 Kirk, Yuma County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80824 | $12,910 | $28,480 | $78,030 | $252,850 | $408,480 |
Source: Ownwell
Property Tax Bills Across Kirk, Yuma County, Colorado
Median Kirk Tax Bill
$494
Median Yuma County Tax Bill
$684
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Kirk, Yuma County, Colorado
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
80824 | $67 | $79 | $494 | $1,639 | $4,495 |
Source: Ownwell