Property Taxes in Colorado
Median Colorado property tax rate: 0.55%, significantly lower than the national median of 1.02%. Median Colorado home value: $405,540. Median annual Colorado tax bill: $2,283, $117 lower than the national median property tax bill of $2,400. How are property taxes in Colorado calculated? Property taxes in 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you are in Colorado, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.55%
Estimate Property Tax Bill
$2,230
$2,070
Ownwell’s Colorado Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Colorado with just two data points. By entering your property's estimated assessed value, our calculator applies Colorado's median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing homeownership costs in Colorado. For those interested in more localized information, please scroll down to explore county and city-level trends!
Property Tax Rates Across Colorado
Local government entities in Colorado set tax rates, which can vary widely within the state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell. Below, you can compare a Colorado county’s effective property tax rate to other counties in Colorado or the U.S. median property tax rate. For instance, Kiowa County has the highest effective property tax rate in Colorado, at 0.98%, while Summit County has the lowest, at 0.40%.
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 Colorado Tax Rate
0.55%
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 United States Tax Rate
1.02%
Property Tax Rates Across Colorado
| County | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Adams | 0.42% | 0.50% | 0.57% | 0.69% | 0.88% |
| Alamosa | 0.23% | 0.35% | 0.41% | 0.45% | 0.55% |
| Arapahoe | 0.50% | 0.52% | 0.70% | 0.76% | 0.90% |
| Archuleta | 0.36% | 0.43% | 0.45% | 0.45% | 0.52% |
| Baca | 0.36% | 0.60% | 0.73% | 0.77% | 1.04% |
| Bent | 0.28% | 0.43% | 0.64% | 1.09% | 1.66% |
| Boulder | 0.39% | 0.46% | 0.50% | 0.53% | 0.57% |
| Broomfield | 0.41% | 0.47% | 0.55% | 0.66% | 0.74% |
| Chaffee | 0.29% | 0.33% | 0.36% | 0.37% | 0.40% |
| Cheyenne | 0.34% | 0.54% | 0.66% | 0.66% | 0.92% |
| Clear Creek | 0.44% | 0.51% | 0.54% | 0.55% | 0.64% |
| Conejos | 0.32% | 0.48% | 0.53% | 0.64% | 0.74% |
| Costilla | 0.33% | 0.40% | 0.60% | 0.65% | 2.09% |
| Crowley | 0.26% | 0.46% | 0.57% | 0.65% | 0.66% |
| Custer | 0.35% | 0.46% | 0.46% | 0.48% | 0.53% |
| Delta | 0.28% | 0.42% | 0.45% | 0.47% | 0.53% |
| Denver | 0.48% | 0.53% | 0.55% | 0.55% | 0.69% |
| Dolores | 0.34% | 0.42% | 0.48% | 0.60% | 0.69% |
| Douglas | 0.50% | 0.60% | 0.64% | 0.76% | 0.97% |
| Eagle | 0.36% | 0.40% | 0.44% | 0.52% | 0.64% |
| Elbert | 0.42% | 0.49% | 0.56% | 0.62% | 0.99% |
| El Paso | 0.34% | 0.39% | 0.42% | 0.49% | 0.74% |
| Fremont | 0.32% | 0.40% | 0.55% | 0.60% | 0.60% |
| Garfield | 0.38% | 0.46% | 0.50% | 0.56% | 0.61% |
| Gilpin | 0.21% | 0.21% | 0.41% | 0.51% | 0.51% |
| Grand | 0.41% | 0.42% | 0.46% | 0.47% | 0.79% |
| Gunnison | 0.41% | 0.42% | 0.46% | 0.61% | 0.61% |
| Hinsdale | 0.29% | 0.29% | 0.29% | 0.34% | 0.42% |
| Huerfano | 0.30% | 0.54% | 0.60% | 0.61% | 0.63% |
| Jackson | 0.33% | 0.33% | 0.33% | 0.40% | 0.70% |
| Jefferson | 0.52% | 0.60% | 0.66% | 0.69% | 0.76% |
| Kiowa | 0.49% | 0.63% | 0.98% | 0.98% | 0.98% |
| Kit Carson | 0.52% | 0.57% | 0.57% | 0.74% | 0.85% |
| Lake | 0.62% | 0.62% | 0.63% | 0.77% | 0.77% |
| La Plata | 0.20% | 0.22% | 0.25% | 0.32% | 0.42% |
| Larimer | 0.50% | 0.55% | 0.66% | 0.67% | 0.76% |
| Las Animas | 0.18% | 0.21% | 0.33% | 0.36% | 0.41% |
| Lincoln | 0.41% | 0.49% | 0.60% | 0.72% | 0.85% |
| Logan | 0.51% | 0.54% | 0.57% | 0.58% | 0.73% |
| Mesa | 0.30% | 0.49% | 0.50% | 0.54% | 0.58% |
| Mineral | 0.44% | 0.48% | 0.48% | 0.48% | 0.58% |
| Moffat | 0.31% | 0.44% | 0.59% | 0.59% | 0.59% |
| Montezuma | 0.24% | 0.37% | 0.39% | 0.47% | 0.55% |
| Montrose | 0.47% | 0.48% | 0.49% | 0.49% | 0.51% |
| Morgan | 0.39% | 0.51% | 0.57% | 0.72% | 0.75% |
| Otero | 0.30% | 0.45% | 0.47% | 0.59% | 0.69% |
| Ouray | 0.36% | 0.38% | 0.40% | 0.42% | 0.46% |
| Park | 0.37% | 0.41% | 0.44% | 0.45% | 0.50% |
| Phillips | 0.61% | 0.71% | 0.71% | 0.74% | 0.74% |
| Pitkin | 0.22% | 0.25% | 0.26% | 0.35% | 0.65% |
| Prowers | 0.31% | 0.49% | 0.49% | 0.53% | 0.82% |
| Pueblo | 0.39% | 0.68% | 0.69% | 0.70% | 0.72% |
| Rio Blanco | 0.27% | 0.31% | 0.43% | 0.51% | 0.51% |
| Rio Grande | 0.28% | 0.44% | 0.45% | 0.55% | 0.55% |
| Routt | 0.38% | 0.38% | 0.38% | 0.48% | 0.68% |
| Saguache | 0.43% | 0.56% | 0.66% | 0.91% | 3.44% |
| San Juan | 0.24% | 0.30% | 0.32% | 0.32% | 0.40% |
| San Miguel | 0.16% | 0.21% | 0.31% | 0.37% | 0.37% |
| Sedgwick | N/A | N/A | N/A | N/A | N/A |
| Summit | 0.37% | 0.40% | 0.40% | 0.41% | 0.50% |
| Teller | 0.25% | 0.30% | 0.39% | 0.55% | 0.56% |
| Washington | N/A | N/A | N/A | N/A | N/A |
| Weld | 0.30% | 0.43% | 0.49% | 0.62% | 0.80% |
| Yuma | 0.36% | 0.52% | 0.67% | 0.71% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Colorado
Understanding the distinction between "market value" and "assessed value" is crucial when examining property taxes in Colorado. The market value is what a willing buyer would pay to a willing seller in an open and competitive market. Location, property condition, and economic market trends often influence it. Each Colorado 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 Colorado, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the end 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 Colorado. For example, Pitkin County has the highest median home price at $1,237,200.
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Colorado
| County | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Adams | $281,000 | $406,000 | $489,000 | $593,000 | $728,000 |
| Alamosa | $8,066 | $87,783 | $189,361 | $277,647 | $376,743 |
| Arapahoe | $222,600 | $314,600 | $387,300 | $492,500 | $660,000 |
| Archuleta | $18,348 | $151,330 | $301,050 | $445,440 | $613,118 |
| Baca | $10,497 | $19,161 | $38,447 | $74,700 | $127,803 |
| Bent | $4,305 | $10,970 | $33,984 | $114,212 | $234,998 |
| Boulder | $342,796 | $489,700 | $722,900 | $1,066,800 | $1,556,400 |
| Broomfield | $423,440 | $525,350 | $637,620 | $841,140 | $1,054,954 |
| Chaffee | $76,379 | $312,614 | $418,760 | $554,245 | $729,547 |
| Cheyenne | $5,777 | $17,344 | $55,241 | $119,384 | $202,961 |
| Clear Creek | $113,142 | $243,000 | $360,990 | $514,010 | $669,674 |
| Conejos | $6,089 | $30,959 | $89,150 | $166,192 | $268,298 |
| Costilla | $3,052 | $29,166 | $81,990 | $142,040 | $218,604 |
| Crowley | $13,719 | $38,337 | $64,606 | $104,646 | $142,652 |
| Custer | $55,838 | $117,285 | $218,072 | $339,842 | $486,258 |
| Delta | $15,710 | $118,455 | $200,311 | $288,748 | $390,348 |
| Denver | $248,300 | $333,400 | $435,200 | $612,000 | $875,000 |
| Dolores | $9,274 | $41,286 | $95,040 | $187,586 | $316,414 |
| Douglas | $309,062 | $407,723 | $496,355 | $613,244 | $794,053 |
| Eagle | $240,795 | $418,758 | $678,345 | $1,244,678 | $2,439,200 |
| Elbert | $166,596 | $338,284 | $469,640 | $585,942 | $721,166 |
| El Paso | $172,790 | $254,338 | $319,355 | $416,409 | $550,026 |
| Fremont | $11,592 | $116,442 | $205,831 | $287,599 | $394,982 |
| Garfield | $66,990 | $226,608 | $363,015 | $543,790 | $813,000 |
| Gilpin | $72,305 | $212,475 | $340,645 | $463,535 | $581,246 |
| Grand | $90,860 | $246,882 | $403,230 | $648,475 | $942,563 |
| Gunnison | $115,824 | $237,810 | $413,850 | $716,200 | $1,264,600 |
| Hinsdale | $15,136 | $38,352 | $71,470 | $120,768 | $193,338 |
| Huerfano | $18,750 | $46,431 | $83,356 | $148,516 | $237,883 |
| Jackson | $6,378 | $33,865 | $122,642 | $214,686 | $363,172 |
| Jefferson | $251,925 | $358,373 | $436,276 | $548,129 | $712,411 |
| Kiowa | $8,512 | $18,863 | $47,865 | $83,896 | $133,842 |
| Kit Carson | $8,800 | $59,467 | $118,410 | $179,256 | $280,115 |
| Lake | $22,857 | $137,436 | $254,269 | $364,543 | $479,012 |
| La Plata | $110,832 | $291,365 | $472,120 | $688,670 | $974,940 |
| Larimer | $256,500 | $326,800 | $394,000 | $497,750 | $647,000 |
| Las Animas | $32,829 | $63,681 | $103,330 | $161,128 | $240,866 |
| Lincoln | $9,707 | $49,027 | $108,229 | $184,665 | $267,764 |
| Logan | $28,987 | $83,970 | $146,235 | $223,460 | $319,509 |
| Mesa | $60,442 | $174,900 | $241,920 | $322,455 | $438,518 |
| Mineral | $35,621 | $95,939 | $196,925 | $293,986 | $429,135 |
| Moffat | $12,270 | $66,335 | $139,471 | $206,374 | $277,150 |
| Montezuma | $68,060 | $124,096 | $183,673 | $261,287 | $355,817 |
| Montrose | $168,080 | $290,350 | $398,340 | $557,540 | $763,352 |
| Morgan | $28,012 | $134,292 | $211,955 | $299,220 | $408,578 |
| Otero | $14,993 | $31,624 | $57,973 | $99,986 | $156,860 |
| Ouray | $257,100 | $476,810 | $723,215 | $1,039,708 | $1,438,660 |
| Park | $168,588 | $246,556 | $344,823 | $444,545 | $567,588 |
| Phillips | $37,823 | $88,454 | $138,922 | $208,637 | $281,322 |
| Pitkin | $231,610 | $486,475 | $1,237,200 | $3,732,850 | $7,955,590 |
| Prowers | $2,783 | $12,176 | $51,952 | $113,868 | $173,209 |
| Pueblo | $70,541 | $122,042 | $185,177 | $262,783 | $342,525 |
| Rio Blanco | $19,090 | $96,320 | $159,630 | $236,735 | $340,740 |
| Rio Grande | $23,500 | $77,552 | $142,738 | $241,894 | $381,049 |
| Routt | $173,664 | $300,152 | $507,780 | $851,182 | $1,439,411 |
| Saguache | $1,900 | $10,068 | $49,043 | $128,672 | $240,492 |
| San Juan | $26,374 | $125,069 | $239,932 | $388,384 | $543,886 |
| San Miguel | $194,611 | $340,462 | $778,036 | $1,991,086 | $4,531,598 |
| Sedgwick | N/A | N/A | N/A | N/A | N/A |
| Summit | $296,600 | $427,800 | $629,250 | $938,200 | $1,443,460 |
| Teller | $106,541 | $217,490 | $324,386 | $426,836 | $538,124 |
| Washington | N/A | N/A | N/A | N/A | N/A |
| Weld | $274,457 | $363,153 | $452,949 | $559,954 | $696,866 |
| Yuma | $9,750 | $38,965 | $112,640 | $204,338 | $311,225 |
Source: Ownwell
Property Tax Bills Across Colorado
In Colorado, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The state has a relatively low median property tax rate compared to the national average of 1.02%. Homeowners in Colorado pay a median property tax bill of $2,400, aligning with the national median. Factors influencing the tax bill include the home's location and assessed value. For instance, Pitkin County has the highest median tax bill at $4,527, while Bent County has the lowest at $221. These variations significantly impact homeowners, making property location a crucial factor in tax obligations.
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Colorado
| County | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Adams | $1,265 | $2,113 | $2,770 | $3,644 | $5,409 |
| Alamosa | $42 | $297 | $694 | $1,052 | $1,507 |
| Arapahoe | $1,341 | $1,819 | $2,536 | $3,834 | $5,171 |
| Archuleta | $436 | $878 | $1,424 | $2,009 | $2,802 |
| Baca | $76 | $135 | $265 | $532 | $877 |
| Bent | $28 | $80 | $221 | $778 | $2,699 |
| Boulder | $1,605 | $2,383 | $3,545 | $5,237 | $7,627 |
| Broomfield | $2,144 | $2,685 | $3,517 | $5,396 | $6,840 |
| Chaffee | $555 | $1,135 | $1,497 | $1,998 | $2,652 |
| Cheyenne | $60 | $182 | $407 | $783 | $1,404 |
| Clear Creek | $626 | $1,261 | $1,938 | $2,719 | $3,604 |
| Conejos | $118 | $262 | $545 | $988 | $1,677 |
| Costilla | $42 | $169 | $381 | $716 | $1,183 |
| Crowley | $42 | $202 | $347 | $557 | $816 |
| Custer | $252 | $514 | $996 | $1,615 | $2,374 |
| Delta | $361 | $599 | $931 | $1,337 | $1,843 |
| Denver | $1,293 | $1,806 | $2,449 | $3,582 | $5,440 |
| Dolores | $162 | $310 | $568 | $1,047 | $1,752 |
| Douglas | $1,984 | $2,595 | $3,328 | $4,445 | $5,944 |
| Eagle | $1,046 | $1,888 | $3,388 | $5,951 | $11,338 |
| Elbert | $970 | $1,777 | $2,641 | $3,579 | $5,019 |
| El Paso | $710 | $1,012 | $1,379 | $2,236 | $3,217 |
| Fremont | $56 | $473 | $1,012 | $1,500 | $2,065 |
| Garfield | $481 | $1,125 | $1,819 | $2,931 | $4,681 |
| Gilpin | $239 | $595 | $1,047 | $1,696 | $2,375 |
| Grand | $511 | $1,167 | $1,913 | $3,206 | $5,193 |
| Gunnison | $604 | $1,080 | $1,892 | $3,781 | $7,216 |
| Hinsdale | $98 | $173 | $257 | $446 | $1,083 |
| Huerfano | $106 | $247 | $439 | $838 | $1,411 |
| Jackson | $165 | $314 | $560 | $959 | $2,288 |
| Jefferson | $1,580 | $2,151 | $2,797 | $3,672 | $5,207 |
| Kiowa | $96 | $211 | $440 | $719 | $1,244 |
| Kit Carson | $47 | $372 | $754 | $1,191 | $1,935 |
| Lake | $178 | $856 | $1,697 | $2,453 | $3,177 |
| La Plata | $460 | $857 | $1,300 | $1,874 | $2,658 |
| Larimer | $1,444 | $1,907 | $2,461 | $3,260 | $4,617 |
| Las Animas | $94 | $172 | $300 | $489 | $751 |
| Lincoln | $53 | $308 | $650 | $1,133 | $1,700 |
| Logan | $169 | $485 | $847 | $1,298 | $1,936 |
| Mesa | $317 | $812 | $1,213 | $1,625 | $2,179 |
| Mineral | $302 | $564 | $997 | $1,483 | $2,133 |
| Moffat | $270 | $475 | $783 | $1,163 | $1,459 |
| Montezuma | $246 | $433 | $702 | $1,089 | $1,564 |
| Montrose | $835 | $1,418 | $1,943 | $2,721 | $3,755 |
| Morgan | $170 | $718 | $1,191 | $1,759 | $2,479 |
| Otero | $70 | $146 | $266 | $484 | $887 |
| Ouray | $1,070 | $1,892 | $2,936 | $4,336 | $5,893 |
| Park | $672 | $1,047 | $1,504 | $1,948 | $2,460 |
| Phillips | $262 | $629 | $987 | $1,480 | $1,939 |
| Pitkin | $627 | $1,910 | $4,527 | $11,565 | $23,964 |
| Prowers | $15 | $64 | $253 | $547 | $901 |
| Pueblo | $427 | $716 | $1,150 | $1,722 | $2,301 |
| Rio Blanco | $105 | $374 | $651 | $945 | $1,359 |
| Rio Grande | $111 | $331 | $659 | $1,173 | $2,033 |
| Routt | $819 | $1,407 | $2,259 | $3,702 | $6,272 |
| Saguache | $26 | $86 | $305 | $858 | $1,975 |
| San Juan | $323 | $612 | $871 | $1,308 | $1,647 |
| San Miguel | $541 | $1,054 | $2,268 | $5,464 | $11,279 |
| Sedgwick | N/A | N/A | N/A | N/A | N/A |
| Summit | $1,238 | $1,820 | $2,627 | $3,799 | $6,069 |
| Teller | $305 | $729 | $1,276 | $1,909 | $2,568 |
| Washington | N/A | N/A | N/A | N/A | N/A |
| Weld | $955 | $1,501 | $2,133 | $3,257 | $4,680 |
| Yuma | $92 | $355 | $763 | $1,358 | $2,240 |
Source: Ownwell