Coal Creek, Fremont County, Colorado Property Taxes
Last Updated March 1, 2025
Coal Creek, Fremont County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.35%
Estimate Property Tax Bill
$657
$610
Property Tax Rates Across Coal Creek, Fremont 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 Coal Creek’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.
Coal Creek, located in Fremont County, boasts a property tax rate that is notably lower than both the national and state averages. With a median tax rate of 0.53%, it offers a more affordable option compared to the national median of 1.02%. This low rate can be attributed to the county's efficient budgeting and valuation processes. For residents of Coal Creek, this translates to a lower financial burden when it comes to property taxes, making it an attractive place for potential homeowners. As property tax rates significantly influence homeownership costs, Coal Creek's competitive rate may appeal to those seeking financial relief in their property investments.
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 Coal Creek Tax Rate
0.35%
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 Fremont County Tax Rate
0.41%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Coal Creek, Fremont County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81221 | 0.19% | 0.28% | 0.35% | 0.40% | 0.44% |
Source: Ownwell
Property Tax Assessment Values Across Coal Creek, Fremont County, Colorado
When examining property taxes in Coal Creek, 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 Fremont 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.
In Fremont County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Coal Creek.
For example, the median home price in Coal Creek is $129,027, with tax bills ranging significantly across the county. 81221 has the highest median home price at $129,027.
Property Tax Assessment Values Across Coal Creek, Fremont County, Colorado
Source: Ownwell
$187,674
$379,403
$571,132
Median Coal Creek Market Value
$187,674
Median Fremont County Market Value
$278,691
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Coal Creek, Fremont County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81221 | $12,637 | $80,926 | $187,674 | $290,763 | $345,732 |
Source: Ownwell
Property Tax Bills Across Coal Creek, Fremont County, Colorado
In Coal Creek, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $129,027. Property taxes are determined by multiplying the assessed value by the local tax rate. In Fremont County, the median property tax bill is $547, which is significantly lower than the national median of $2,400. Factors such as home improvements or changes in the local tax rate can influence the amount homeowners pay.
For homeowners in Coal Creek, understanding these factors can be crucial in managing their property tax expenses. This is where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell can help homeowners navigate the complexities of property tax assessments. Our team works to ensure that homeowners are not overpaying by identifying potential savings and filing appeals on their behalf. This can lead to significant reductions in property tax bills, providing financial relief and peace of mind.
Median Coal Creek Tax Bill
$512
Median Fremont County Tax Bill
$1,168
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Coal Creek, Fremont County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81221 | $43 | $112 | $512 | $1,057 | $1,436 |
Source: Ownwell