Limon, Lincoln County, Colorado Property Taxes
Property Taxes in Limon, Colorado
Median Limon, Colorado effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, and higher than the Colorado state median of 0.50%.
Median Limon, Colorado home value: $120,729
Median annual Limon, Colorado tax bill: $706, lower than the national median property tax bill of $2,400.
How are property taxes in Lincoln calculated?
Property taxes in Limon, Colorado 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 Limon's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Limon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Limon, Lincoln County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.64%
Estimate Property Tax Bill
$773
$717
How Does the Limon Property Tax Calculator Work?
Use this Limon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Limon's median effective tax rate of 0.64% — based on actual property records in Lincoln County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Limon's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Limon: rates range from 0.64% in 80828 to 0.64% in 80828, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Limon.
About Limon Property Taxes
About Property Taxes in Limon, Lincoln, Colorado
Limon’s median effective property tax rate of 0.64% is higher than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Lincoln County base levy combined with local school district levies and metro districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Limon. Homeowners in the 80828 ZIP code carry a median effective rate of 0.64%, while those in the same ZIP code also pay 0.64%. This spread reflects how school district boundaries and local assessment districts are drawn across Lincoln County. Understanding which part of Limon you live in can make a meaningful difference to your annual tax bill.
Limon homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 8, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Limon, Lincoln 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 Limon's effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.
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 Limon Tax Rate
0.64%
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 Lincoln County Tax Rate
0.64%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Limon, Lincoln County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80828 | 0.37% | 0.63% | 0.64% | 0.64% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Limon, Lincoln County, Colorado
When examining property taxes in Limon, 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 Lincoln 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.
Assessment notices:
In Lincoln County, assessment notices are sent in May 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 Limon.
For example, the median home price in Limon is $120,729, with tax bills ranging significantly across the county. 80828 has the highest median home price at $120,729.
Property Tax Assessment Values Across Limon, Lincoln County, Colorado
Source: Ownwell
$53,854
$111,466
$169,078
Median Limon Market Value
$120,729
Median Lincoln County Market Value
$106,222
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Limon, Lincoln County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80828 | $14,925 | $53,455 | $120,729 | $216,501 | $320,497 |
Source: Ownwell
Property Tax Bills Across Limon, Lincoln County, Colorado
Property tax bills in Limon are based on the assessed value of a home and the local tax rate set by taxing authorities. For homeowners, the bill is determined by multiplying the assessed value by the applicable rate, with the result shaped by local budgets and the mix of services funded through property taxes.
Several factors affect the final amount, including the home’s market value, its assessed value, and any exemptions or appeals that may apply. A higher assessed value generally means a higher tax bill, while a lower assessed value can reduce what a homeowner owes.
In Limon, the median home price is $120,729, and the median property tax bill is $706. That is well below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. For homeowners, even small changes in assessed value can make a noticeable difference in annual costs.
Median Limon Tax Bill
$706
Median Lincoln County Tax Bill
$612
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Limon, Lincoln County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80828 | $95 | $330 | $706 | $1,262 | $1,897 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| Lincoln Tax Assessor | |
| Website | treasurer.lincolncountyco.us |