Chama, Costilla County, Colorado Property Taxes
Property Taxes in Chama, Colorado
Median Chama, Colorado effective property tax rate: 0.41%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Chama, Colorado home value: $14,925
Median annual Chama, Colorado tax bill: $118, lower by $2,282 than the national median property tax bill of $2,400.
How are property taxes in Costilla calculated?
Property taxes in Chama, Colorado 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 Chama's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chama, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Chama, Costilla County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.41%
Estimate Property Tax Bill
$61
$57
How Does the Chama Property Tax Calculator Work?
Use this Chama property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Chama's median effective tax rate of 0.41% — based on actual property records in Costilla County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Chama's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Chama: rates are the same at $118 in 81126, primarily due to differences in local levies and assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Chama.
About Chama Property Taxes
About Property Taxes in Chama, Costilla, Colorado
Chama’s median effective property tax rate of 0.41% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Costilla County base levy combined with local school district levies and metro districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Chama. Homeowners in ZIP code 81126 carry a median effective rate of 0.41%, while those in the same ZIP code also pay 0.41%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Costilla County. Understanding which part of Chama you live in can make a meaningful difference to your annual tax bill.
Chama homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before June 1, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Chama, Costilla County, Colorado
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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.
Below, you can compare Chama's effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.
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 Chama Tax Rate
0.41%
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 Costilla County Tax Rate
0.53%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chama, Costilla County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81126 | 0.34% | 0.41% | 0.41% | 0.54% | 3.19% |
Source: Ownwell
Property Tax Assessment Values Across Chama, Costilla County, Colorado
When examining property taxes in Chama, 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 Costilla 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 Costilla 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 Chama.
For example, the median home price in Chama is $14,925, with tax bills ranging significantly across the county. 81126 has the highest median home price at $14,925.
Property Tax Assessment Values Across Chama, Costilla County, Colorado
Source: Ownwell
$14,925
$84,114
$153,303
Median Chama Market Value
$14,925
Median Costilla County Market Value
$52,280
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Chama, Costilla County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81126 | $4,869 | $14,925 | $14,925 | $37,023 | $96,785 |
Source: Ownwell
Property Tax Bills Across Chama, Costilla County, Colorado
Property tax bills in Chama are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. For a home with a median home price of $14,925, the bill is calculated by applying the property tax rate to the assessed value, which means homeowners with higher-valued properties generally pay more.
In Costilla County, the median property tax bill is $118.00, and that figure is the same in the highest and lowest median-tax ZIP code, 81126. Most homeowners pay somewhere between $61 at the 25th percentile and $273 at the 75th percentile, while the 90th percentile reaches $471. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, Chama’s property tax burden is much lower. Even so, changes in assessed value can still affect what homeowners owe each year.
Median Chama Tax Bill
$118
Median Costilla County Tax Bill
$328
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Chama, Costilla County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81126 | $30 | $61 | $118 | $273 | $471 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Costilla Tax Assessor | |
| Website | costilla-assessor-tyler.obus.io |