Stratton, Kit Carson County, Colorado Property Taxes
Median STRATTON, CO effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.
Median STRATTON, CO home value: $105,878
Median annual STRATTON, CO tax bill: $791, $1,609 lower than the national median property tax bill of $2,400.
How are property taxes in Kit Carson calculated?
Property taxes in STRATTON, 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 STRATTON’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in STRATTON, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stratton, Kit Carson County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.72%
Estimate Property Tax Bill
$729
$676
Property Tax Rates Across Stratton, Kit Carson County, Colorado
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
Stratton in Kit Carson County, Colorado, has an effective property tax rate of 0.74%, which aligns with the highest and lowest median tax rates in the area, both recorded at 0.74% in the 80836 zip code. Compared to the national median property tax rate of 1.02%, Stratton's rate is relatively lower. The national median property tax bill stands at $2,400, which offers a point of contrast for property owners in Stratton, where the tax rate is notably below the national average. This comparison highlights the potential savings for property owners in Stratton, making it an attractive location for those looking to manage their property tax expenses effectively.
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 Stratton Tax Rate
0.72%
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 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 Stratton, Kit Carson County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80836 | 0.36% | 0.53% | 0.72% | 0.72% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Stratton, Kit Carson County, Colorado
When examining property taxes in Stratton, 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 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 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 Stratton.
For example, the median home price in Stratton is $105,878, with tax bills ranging significantly across the county. Zip code 80836 has the highest median home price at $105,878.
Property Tax Assessment Values Across Stratton, Kit Carson County, Colorado
Source: Ownwell
$68,213
$97,515
$126,817
Median Stratton Market Value
$101,206
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 Stratton, Kit Carson County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80836 | $14,925 | $33,134 | $101,206 | $187,432 | $324,665 |
Source: Ownwell
Property Tax Bills Across Stratton, Kit Carson County, Colorado
In Stratton, located in Kit Carson County, CO, 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 Stratton is $105,878, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as local tax rates and any applicable exemptions can influence the final amount. Homeowners in Stratton might find their tax bills range from the 25th percentile at $384 to the 90th percentile at $2,203. The median tax bill in the area is $791, which is below the national median of $2,400, reflecting a relatively lower tax burden for Stratton residents.
Ownwell can assist homeowners in Stratton by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners potentially lower their tax bills. With a focus on maximizing savings, Ownwell ensures that homeowners pay only their fair share, offering peace of mind and financial relief.
Median Stratton Tax Bill
$670
Median Kit Carson County Tax Bill
$721
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Stratton, Kit Carson County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80836 | $107 | $277 | $670 | $1,339 | $2,527 |
Source: Ownwell