Parlin, Gunnison County, Colorado Property Taxes
Median Parlin, CO effective property tax rate: 0.42%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Parlin, CO home value: $335,190
Median annual Parlin, CO tax bill: $1,486, $914 lower than the national median property tax bill of $2,400.
How are property taxes in Gunnison County calculated?
Property taxes in Parlin, 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 Parlin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Parlin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Parlin, Gunnison County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.34%
Estimate Property Tax Bill
$2,020
$1,874
Property Tax Rates Across Parlin, Gunnison County, Colorado
Local government entities are responsible for setting tax rates, which can vary significantly across different regions. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and legal processes play a role in establishing these rates and budgets, this is the essential annual procedure.
In Parlin, located in Gunnison County, Colorado, the effective property tax rate is a reflection of this process. When comparing Parlin's rate to other cities in Colorado, it's interesting to note the uniformity with the median tax rate across the state. This rate is notably lower than the national median property tax rate of 1.02%. Consequently, residents of Parlin experience a more favorable property tax environment compared to many other regions in the U.S. Such a low rate can be appealing to current and prospective homeowners, offering potential savings on annual property tax bills.
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 Parlin Tax Rate
0.34%
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 Gunnison County Tax Rate
0.34%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Parlin, Gunnison County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81239 | 0.26% | 0.31% | 0.34% | 0.41% | 0.53% |
Source: Ownwell
Property Tax Assessment Values Across Parlin, Gunnison County, Colorado
When examining property taxes in Parlin, 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 Gunnison County appraisal district 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 Gunnison 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 Parlin. For example, the median home price in Parlin is $335,190, with tax bills ranging significantly across the county. 81239 has the highest median home price at $335,190.
Property Tax Assessment Values Across Parlin, Gunnison County, Colorado
Source: Ownwell
$353,470
$841,000
$1,328,530
Median Parlin Market Value
$593,980
Median Gunnison County Market Value
$610,040
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Parlin, Gunnison County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81239 | $116,928 | $254,895 | $593,980 | $974,420 | $1,314,348 |
Source: Ownwell
Property Tax Bills Across Parlin, Gunnison County, Colorado
Median Parlin Tax Bill
$1,892
Median Gunnison County Tax Bill
$2,166
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Parlin, Gunnison County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81239 | $309 | $1,131 | $1,892 | $4,007 | $4,938 |
Source: Ownwell