80741 Property Tax Rate

Property owners in ZIP code 80741 (Merino, Colorado) pay a median of $1,079/year in property taxes on homes valued at $304,900. This translates to an effective tax rate of 0.35%, which is 15% below the Colorado state average of 0.42%.

The monthly property tax burden for a median-valued home in 80741 is approximately $90, which factors into escrow payments on mortgages. This ZIP code is located within Logan County. This is $803 less than the Colorado average of $1,882/year.

Compared to similar ZIP codes in Colorado, 80741 has higher property taxes. ZIP codes with similar effective rates include 81403 (0.35%) and 80456 (0.35%).

In Merino, property taxes represent approximately 1.3% of the median household income of $80,139, providing context for the relative tax burden on homeowners in this area.

Colorado's Gallagher repeal means your property faces no residential assessment rate protection, so the Logan County Assessor will assess at market value with potential annual increases. Homeowners 65+ who have lived in their home for 10+ consecutive years can claim the Senior Homestead Exemption through the Logan County Assessor, providing meaningful tax relief. File your Senior Homestead Exemption application with the Logan County Assessor within the first year of eligibility to lock in the benefit.