Ramah, Elbert County, Colorado Property Taxes

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

Median Ramah, CO effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Ramah, CO home value: $299,952
Median annual Ramah, CO tax bill: $1,432, $968 lower than the national median property tax bill of $2,400.

How are property taxes in Elbert County calculated?

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

Last Updated March 1, 2025

Ramah, Elbert County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.45%

Estimate Property Tax Bill

$1,510

$1,401

Ownwell’s Ramah Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ramah with just two data points. By entering your property's estimated assessed value, our calculator applies Ramah’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 Elbert County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Ramah, Elbert County, Colorado

Local government entities determine property tax rates, and these can differ significantly even within the same state. Each year, counties calculate their budget needs to provide essential services and then divide this by the total value of all taxable property within their borders. This process establishes the property tax rate. Though the setting of tax rates and budgets involves votes and legislation, this is essentially how it works annually. In Ramah, located in Elbert County, Colorado, the effective property tax rate provides a fascinating comparison to other cities within the state and the national landscape. The median property tax rate in Colorado is notably lower than the national median of 1.02%. This means that residents in Ramah, like those in other parts of Elbert County, benefit from a lower property tax rate compared to many other regions across the United States. Such favorable tax conditions can make Ramah an attractive place for property owners looking to minimize their tax burden.

Property Tax Rates Across Ramah, Elbert County, Colorado

Source: Ownwell

0.37%

0.47%

0.57%

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 Ramah Tax Rate

0.45%

Median Effective Elbert County Tax Rate

0.51%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ramah, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80832	0.33%	0.39%	0.45%	0.50%	0.59%

Source: Ownwell

Property Tax Assessment Values Across Ramah, Elbert County, Colorado

When examining property taxes in Ramah, 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 Elbert 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 Elbert 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 Ramah. For example, the median home price in Ramah is $299,952, with tax bills ranging significantly across the county. 80832 has the highest median home price at $299,952.

Property Tax Assessment Values Across Ramah, Elbert County, Colorado

Source: Ownwell

$119,331

$439,485

$759,638

Median Ramah Market Value

$335,579

Median Elbert County Market Value

$567,487

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ramah, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80832	$104,161	$214,924	$335,579	$492,208	$631,820

Source: Ownwell

Property Tax Bills Across Ramah, Elbert County, Colorado

In Ramah, CO, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Elbert County is $299,952. Homeowners in Ramah can expect a tax bill that varies widely, with the 25th percentile paying around $952, and the 75th percentile facing tax bills as high as $1,959. At the 90th percentile, tax bills can reach $2,528, which is above the national median property tax bill of $2,400, yet the median tax bill in the area is lower. These variations depend on factors such as property value assessments and local tax rates. Homeowners in Ramah can benefit from appealing their property tax assessments, potentially lowering their tax bills. Ownwell offers expert property tax appeal services, leveraging local expertise to ensure homeowners pay only their fair share. By analyzing assessments and identifying discrepancies, Ownwell helps homeowners reduce their property tax burden, providing significant savings and peace of mind.

Property Tax Bills Across Ramah, Elbert County, Colorado

Source: Ownwell

$636

$2,324

$4,012

Median Ramah Tax Bill

$1,568

Median Elbert County Tax Bill

$2,998

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Ramah, Elbert County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80832	$500	$1,030	$1,568	$2,161	$2,898

Source: Ownwell