Wetmore, Fremont County, Colorado Property Taxes

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

Median Wetmore, CO effective property tax rate: 0.41%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Wetmore, CO home value: $339,946
Median annual Wetmore, CO tax bill: $1,410, $990 lower than the national median property tax bill of $2,400.

How are property taxes in Fremont County calculated?

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

Last Updated March 1, 2025

Wetmore, Fremont County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.36%

Estimate Property Tax Bill

$1,730

$1,605

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

Property Tax Rates Across Wetmore, Fremont County, Colorado

Local government entities determine tax rates, which can differ significantly within a state. This variability stems from each county's annual process of estimating its budget to provide essential services, then dividing that budget by the total value of all taxable property in its area. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core process undertaken each year.

In Wetmore, located in Fremont County, the effective property tax rate stands at 0.41%. When comparing this to other cities in Colorado, Wetmore's rate is notably lower than the national median property tax rate of 1.02%. This means homeowners in Wetmore enjoy a relatively lower property tax burden compared to other regions. The median property tax rate in Wetmore aligns with the county's highest and lowest rates, reflecting a uniformity within the area. For residents, this can translate to significant savings, especially when contrasted with the national median property tax bill of $2400. Understanding these rates can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Wetmore, Fremont County, Colorado

Source: Ownwell

0.23%

0.34%

0.45%

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 Wetmore Tax Rate

0.36%

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 Wetmore, Fremont County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
81253	0.29%	0.30%	0.36%	0.39%	0.48%

Source: Ownwell

Property Tax Assessment Values Across Wetmore, Fremont County, Colorado

When examining property taxes in Wetmore, 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. Fremont County 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 Wetmore. For example, the median home price in Wetmore is $339,946, with tax bills ranging significantly across the county. Zip code 81253 has the highest median home price at $339,946.

Property Tax Assessment Values Across Wetmore, Fremont County, Colorado

Source: Ownwell

$187,674

$379,403

$571,132

Median Wetmore Market Value

$480,570

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 Wetmore, Fremont County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
81253	$315,891	$380,464	$480,570	$582,696	$612,083

Source: Ownwell

Property Tax Bills Across Wetmore, Fremont County, Colorado

In Wetmore, Fremont County, CO, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the tax bill. With a median home price of $339,946, homeowners in Wetmore face a median tax bill of $1,410. This is significantly lower than the national median property tax bill of $2,400, providing some relief to homeowners in the area. However, tax bills can vary widely depending on the property's assessed value and the specific tax rate applied. With tax bills ranging from the 25th percentile at $1,097 to the 90th percentile at $1,788, homeowners can face unexpected financial burdens. Ownwell can assist homeowners by reviewing their property assessments and identifying potential errors or discrepancies. By appealing incorrect assessments, Ownwell helps reduce tax liabilities, ensuring homeowners pay only their fair share. This service can lead to substantial savings and peace of mind for property owners in Wetmore.

Property Tax Bills Across Wetmore, Fremont County, Colorado

Source: Ownwell

$512

$1,154

$1,796

Median Wetmore Tax Bill

$1,796

Median Fremont County Tax Bill

$1,168

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Wetmore, Fremont County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
81253	$1,121	$1,627	$1,796	$2,169	$2,202

Source: Ownwell