Mancos, Montezuma County, Colorado Property Taxes
Median Mancos, CO effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Mancos, CO home value: $218,926
Median annual Mancos, CO tax bill: $1,052, $1,348 lower than the national median property tax bill of $2,400.
How are property taxes in Montezuma calculated?
Property taxes in Mancos, 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 Mancos’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mancos, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mancos, Montezuma County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.48%
Estimate Property Tax Bill
$1,128
$1,047
Property Tax Rates Across Mancos, Montezuma County, Colorado
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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, this is the annual process in a nutshell.
Mancos in Montezuma County, Colorado, offers a unique perspective on property tax rates. Here, the effective property tax rate stands at 0.49%, which is significantly lower than the national median property tax rate of 1.02%. This difference underscores the variability of property tax rates across the United States. When comparing Mancos to other cities in Colorado, it maintains a consistent rate, as both the highest and lowest median tax rates in the area are the same, at 0.49%. This stability in rates provides property owners with a predictable financial landscape. Understanding these rates helps property owners make informed decisions about their investments and financial planning.
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 Mancos Tax Rate
0.48%
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 Montezuma County Tax Rate
0.41%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mancos, Montezuma County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81328 | 0.33% | 0.43% | 0.48% | 0.54% | 0.61% |
Source: Ownwell
Property Tax Assessment Values Across Mancos, Montezuma County, Colorado
When examining property taxes in Mancos, 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. The Montezuma 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 Montezuma 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 Mancos. For example, the median home price in Mancos is $218,926, with tax bills ranging significantly across the county. Zip code 81328 has the highest median home price at $218,926.
Property Tax Assessment Values Across Mancos, Montezuma County, Colorado
Source: Ownwell
$86,250
$163,139
$240,028
Median Mancos Market Value
$235,079
Median Montezuma County Market Value
$196,348
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mancos, Montezuma County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81328 | $57,872 | $132,230 | $235,079 | $374,690 | $541,181 |
Source: Ownwell
Property Tax Bills Across Mancos, Montezuma County, Colorado
Median Mancos Tax Bill
$1,139
Median Montezuma County Tax Bill
$808
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Mancos, Montezuma County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81328 | $292 | $606 | $1,139 | $1,793 | $2,657 |
Source: Ownwell