Merino, Morgan County, Colorado Property Taxes
Property Taxes in Merino, Colorado
Median Merino, Colorado effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Merino, Colorado home value: $137,250
Median annual Merino, Colorado tax bill: $1,223, $1,177 lower than the national median property tax bill of $2,400.
How are property taxes in Morgan County calculated?
Property taxes in Merino, 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 Merino's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Merino, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Merino, Morgan County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.82%
Estimate Property Tax Bill
$1,125
$1,044
How Does the Merino Property Tax Calculator Work?
Use this Merino property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Merino's median effective tax rate of 0.82% — based on actual property records in Morgan County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Merino'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 Merino: rates range from 0.82% in 80741 to 0.82% in 80741, primarily due to differences in school district levies and local assessment districts. Merino's median property tax bill is $1,223, compared with the national median property tax bill of $2,400 and Colorado's median property tax bill of $1,223.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Merino.
About Merino Property Taxes
About Property Taxes in Merino, Morgan, Colorado
Merino’s median effective property tax rate of 0.82% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Morgan 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 Merino. Homeowners in the 80741 ZIP code carry a median effective rate of 0.82%, while those in the 80741 pay 0.82%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Morgan County. Understanding which part of Merino you live in can make a meaningful difference to your annual tax bill.
Merino homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before June 1, 2026.
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 Merino, Morgan 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 Merino'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 Merino Tax Rate
0.82%
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 Morgan County Tax Rate
0.54%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Merino, Morgan County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80741 | 0.50% | 0.63% | 0.82% | 1.10% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Merino, Morgan County, Colorado
When examining property taxes in Merino, 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 Morgan 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 Morgan 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 Merino.
For example, the median home price in Merino is $137,250, with tax bills ranging significantly across the county. 80741 has the highest median home price at $137,250.
Property Tax Assessment Values Across Merino, Morgan County, Colorado
Source: Ownwell
$96,660
$227,953
$359,245
Median Merino Market Value
$137,250
Median Morgan County Market Value
$245,000
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Merino, Morgan County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80741 | $20,837 | $41,098 | $137,250 | $240,045 | $394,884 |
Source: Ownwell
Property Tax Bills Across Merino, Morgan County, Colorado
Property tax bills in Merino are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value changes, the assessed value can change too, which can affect the final bill homeowners receive. For a home with a median value of $137,250, the tax bill is shaped by how that value is assessed and how local rates are applied.
Homeowners in Merino see a wide range of property tax bills, with the 25th percentile at $429 and the 75th percentile at $1,846. The 90th percentile reaches $6,491, showing that larger or more heavily taxed properties can face much higher costs. The median tax bill in the area is $1,223, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
Median Merino Tax Bill
$1,223
Median Morgan County Tax Bill
$1,391
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Merino, Morgan County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80741 | $181 | $429 | $1,223 | $1,846 | $6,491 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Morgan Tax Assessor | |
| Website | morgancountyco-assessor.tylerhost.net |