Flagler, Kit Carson County, Colorado Property Taxes

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

Median Flagler, CO effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median Flagler, CO home value: $103,803
Median annual Flagler, CO tax bill: $765, $1,635 lower than the national median property tax bill of $2,400.

How are property taxes in Kit Carson calculated?

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

Last Updated March 1, 2025

Flagler, Kit Carson County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.76%

Estimate Property Tax Bill

$618

$574

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

Property Tax Rates Across Flagler, Kit Carson County, Colorado

In Flagler, located in Kit Carson County, Colorado, property tax rates are determined by local government authorities and can differ significantly even within the same state. This variability is due to the annual budgetary requirements set by each county, which are then divided by the total assessed value of all taxable properties within their jurisdiction to establish the property tax rate. Though the process involves various votes and legislative measures, this is the simplified version of how property taxes are calculated each year. When comparing Flagler’s effective property tax rate to other cities within Colorado, it provides an insightful perspective on how local rates align with both state and national medians. Colorado’s median property tax rate is notably below the national median rate of 1.02%, reflecting a more favorable tax environment for property owners in the state. This positioning can be advantageous for property owners in Flagler, as the lower rates contribute to a reduced financial burden compared to the national landscape.

Property Tax Rates Across Flagler, Kit Carson County, Colorado

Source: Ownwell

0.61%

0.68%

0.76%

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 Flagler Tax Rate

0.76%

Median Effective Kit Carson County Tax Rate

0.62%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Flagler, Kit Carson County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80815	0.38%	0.65%	0.76%	0.76%	1.03%

Source: Ownwell

Property Tax Assessment Values Across Flagler, Kit Carson County, Colorado

When examining property taxes in Flagler, 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 Kit Carson 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 Kit Carson 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 Flagler.

For example, the median home price in Flagler is $103,803, with tax bills ranging significantly across the county. Zip code 80815 has the highest median home price at $103,803.

Property Tax Assessment Values Across Flagler, Kit Carson County, Colorado

Source: Ownwell

$68,213

$97,515

$126,817

Median Flagler Market Value

$81,379

Median Kit Carson County Market Value

$107,776

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Flagler, Kit Carson County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80815	$14,925	$21,339	$81,379	$174,913	$269,694

Source: Ownwell

Property Tax Bills Across Flagler, Kit Carson County, Colorado

In Flagler, located in Kit Carson County, CO, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value. For homeowners in Flagler, the tax bill can vary significantly, with a 25th percentile bill at $369 and a 75th percentile bill at $1,254. Comparatively, the national median property tax bill is $2,400, highlighting how Flagler's tax bills are generally lower. Factors influencing the tax bill include the property's assessed value and the local government's budgetary needs. For homeowners, this means property taxes can impact their overall financial planning, affecting monthly budgets and long-term savings. Ownwell offers a solution by providing property tax appeal and exemption services, potentially lowering the assessed value and, consequently, the tax bill. By leveraging Ownwell's expertise, homeowners can ensure they are not overpaying and can achieve significant savings on their property tax obligations.

Property Tax Bills Across Flagler, Kit Carson County, Colorado

Source: Ownwell

$582

$720

$858

Median Flagler Tax Bill

$598

Median Kit Carson County Tax Bill

$721

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Flagler, Kit Carson County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80815	$113	$214	$598	$1,300	$1,906

Source: Ownwell