Real property is assessed at 9.74% of actual value for residential and 29% for commercial and industrial.
Detailed information is available at http://co.laplata.co.us/departments_officials/assessor.
State Income Tax:
Our state income tax rate is 4.75% of taxable income.
Sales and Use Tax:
Our sales tax totals 7.5% and is comprised of 3% state, 2% county and 2.5% city.
(Within the Durango Enterprise Zone, the purchase of equipment and machines or tools used exclusively for manufacturing in the zone are exempt from the 3% state sales/use tax.