81089 Property Tax Rate

Property owners in ZIP code 81089 (Walsenburg, Colorado) pay a median of $625/year in property taxes on homes valued at $180,800. This translates to an effective tax rate of 0.35%, which is 17% below the Colorado state average of 0.42%.

The monthly property tax burden for a median-valued home in 81089 is approximately $52, which factors into escrow payments on mortgages. This ZIP code is located within Huerfano County. This is $1,257 less than the Colorado average of $1,882/year.

Compared to similar ZIP codes in Colorado, 81089 has lower property taxes. ZIP codes with similar effective rates include 81413 (0.35%) and 80452 (0.35%).

In Walsenburg, property taxes represent approximately 1.2% of the median household income of $50,833, providing context for the relative tax burden on homeowners in this area.

Without the Gallagher Amendment rate protection (repealed 2020), Huerfano County assesses residential property at full market value, exposing your home to annual revaluation increases. The Senior Homestead Exemption is available to Huerfano County residents 65+ with 10+ continuous years of occupancy and substantially reduces your assessed value and property tax — submit your claim to the Huerfano County Assessor once you qualify by age and residency. Contact the Huerfano County Assessor to request your preliminary assessment and confirm the deadline to file your Senior Homestead Exemption.