Rio Blanco County Property Tax Rate 2024 [Go To Different County]
Rio Blanco County, Colorado Property Tax
[Go To Different County]
$609.00
The median property tax in Rio Blanco County, Colorado is $609 per year for a home worth the median value of $193,300. Rio Blanco County collects, on average, 0.32% of a property's assessed fair market value as property tax.
Rio Blanco County has one of the lowest median property tax rates in the country, with only two thousand two hundred six of the 3143 counties collecting a lower property tax than Rio Blanco County.
The average yearly property tax paid by Rio Blanco County residents amounts to about 0.91% of their yearly income. Rio Blanco County is ranked 2628th of the 3143 counties for property taxes as a percentage of median income.
You can use the Colorado property tax map to the left to compare Rio Blanco County's property tax to other counties in Colorado. Douglas County collects the highest property tax in Colorado, levying an average of $2,590.00 (0.76% of median home value) yearly in property taxes, while Costilla County has the lowest property tax in the state, collecting an average tax of $317.00 (0.3% of median home value) per year.
To compare Rio Blanco County with property tax rates in other states, see our map of property taxes by state.
Rio Blanco County Property Tax Rate
- Rio Blanco County Property Tax
- About the Rio Blanco County Property Tax
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Because Rio Blanco County uses a complicated formula to determine the property tax owed on any individual property, it's not possible to condense it to a simple tax rate, like you could with an income or sales tax.
Instead, we provide property tax information based on the statistical median of all taxable properties in Rio Blanco County. The median property tax amount is based on the median Rio Blanco County property value of $193,300. You can use these numbers as a reliable benchmark for comparing Rio Blanco County's property taxes with property taxes in other areas.
Our data allows you to compare Rio Blanco County's property taxes by median property tax in dollars, median property tax as a percentage of home value, and median property tax as a percentage of the Rio Blanco County median household income.
Median Property Tax | As Percentage Of Income | As Percentage Of Property Value |
$609 ± $70 (2206th of 3143) | 0.91 ± 0.13% (2628th of 3143) | 0.32 ± 0.04% (2732nd of 3143) |
Note: This page provides general information about property taxes in Rio Blanco County. If you need specific tax information or property records about a property in Rio Blanco County, contact the Rio Blanco County Tax Assessor's Office.
Rio Blanco County Property Tax Calculator
While the exact property tax rate you will pay is set by the tax assessor on a property-by-property basis, you can use our Rio Blanco County property tax estimator tool to estimate your yearly property tax. Our property tax estimates are based on the median property tax levied on similar houses in the Rio Blanco County area.
Property taxes are managed on a county level by the local tax assessor's office. If you need to find out the exact amount of your property tax bill or find other specific information, you can contact the Rio Blanco County Tax Assessor .
Disclaimer: Please note that we can only estimate your Rio Blanco County property tax based on average property taxes in your area. Every locality uses a unique property tax assessment method. Your actual property tax burden will depend on the details and features of each individual property.
Rio Blanco County Property Tax Appeal
Rio Blanco County calculates the property tax due based on the fair market value of the home or property in question, as determined by the Rio Blanco County Property Tax Assessor. Each property is individually t each year, and any improvements or additions made to your property may increase its appraised value.
As a property owner, you have the right to appeal the property tax amount you are charged and request a reassessment if you believe that the value determined by the Rio Blanco County Tax Assessor's office is incorrect. To appeal the Rio Blanco County property tax, you must contact the Rio Blanco County Tax Assessor's Office.
Statistics show that about 25% of homes in America are unfairly overassessed, and pay an average of $1,346 too much in property taxes every year.
We can check your property's current assessment against similar properties in Rio Blanco County and tell you if you've been overassessed. If you have been overassessed, we can help you submit a tax appeal.
Is your Rio Blanco County property overassessed?
You will be provided with a property tax appeal form, on which you will provide the tax assessor's current appraisal of your property as well as your proposed appraisal and a description of why you believe your appraisal is more accurate.
Previous appraisals, expert opinions, and appraisals for similar properties may be attached to the appeal as supporting documentation. If your appeal is successful, your property will be reassessed at a lower valuation and your Rio Blanco County property taxes will be lowered accordingly.
If your appeal is denied, you still have the option to re-appeal the decision. If no further administrative appeals can be made, you can appeal your Rio Blanco County tax assessment in court.
Rio Blanco County Property Tax Assessor
The Rio Blanco County Tax Assessor is responsible for assessing the fair market value of properties within Rio Blanco County and determining the property tax rate that will apply. The Tax Assessor's office can also provide property tax history or property tax records for a property. These property tax records are excellent sources of information when buying a new property or appealing a recent appraisal.
Most county assessors' offices are located in or near the county courthouse or the local county administration building. You can look up the Rio Blanco County Assessor's contact information here (opens in external website).
What is the Rio Blanco County Property Tax?
Proceeds from the Rio Blanco County Personal Property Tax are used locally to fund school districts, public transport, infrastructure, and other municipal government projects. Property tax income is almost always used for local projects and services, and does not go to the federal or state budget.
Unlike other taxes which are restricted to an individual, the Rio Blanco County Property Tax is levied directly on the property. Unpaid property tax can lead to a property tax lien, which remains attached to the property's title and is the responsibility of the current owner of the property. Tax liens are not affected by transferring or selling the property, or even filing for bankruptcy. Property tax delinquency can result in additional fees and interest, which are also attached to the property title.
In cases of extreme property tax delinquency, the Rio Blanco County Tax Board may seize the delinquent property and offer it for sale at a public tax foreclosure auction, often at a price well under market value. Proceeds of the sale first go to pay the property's tax lien, and additional proceeds may be remitted to the original owner.
Rio Blanco County Homestead Exemption
For properties considered the primary residence of the taxpayer, a homestead exemption may exist. The Rio Blanco County Homestead Exemption can reduce the appraised valuation of a primary residence before calculating the property tax owed, resulting in a lower annual property tax rate for owner-occupied homes.
Getting a Homestead Exemption may also help protect your home from being repossessed in the case of a property tax lien due to unpaid Rio Blanco County property taxes or other types of other debt.
In most counties, you must specifically submit a homestead exemption application to your county tax assessor in order to enjoy the tax reduction and other benefits available. To get a copy of the Rio Blanco County Homestead Exemption Application, call the Rio Blanco County Assessor's Office and ask for details on the homestead exemption program. You can also ask about other exemptions that may exist for veterans, seniors, low-income families, or property used for certain purposes such as farmland or open space.
Rio Blanco County Property Tax Deduction
You can usually deduct 100% of your Rio Blanco County property taxes from your taxable income on your Federal Income Tax Return as an itemized deduction. Colorado may also let you deduct some or all of your Rio Blanco County property taxes on your Colorado income tax return.
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