Arapahoe County, Colorado Property Taxes
The median property tax rate in Arapahoe County is 0.70%, which is higher than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Arapahoe County at $387,300, the typical annual property tax bill reaches $2,536, which is slightly below the national median of $2,690. Property taxes in Arapahoe County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Arapahoe County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Aurora or another part of Arapahoe County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arapahoe County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$2,711
$2,516
Ownwell’s Arapahoe County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Arapahoe County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Arapahoe County to provide an accurate property tax bill estimate. This valuable tool helps you understand potential tax liabilities, making it easier to plan and budget. For more localized insights, you can explore trends on a city level by navigating to our detailed informational pages. Your property’s assessed value is determined by the county and considers any exemptions you may have, ensuring a precise calculation for your property tax obligations.
Property Tax Rates Across Arapahoe County, Colorado
Property taxes in Arapahoe County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Arapahoe County is 0.70%, which is lower than the U.S. national median of 0.99%. Local government entities within Arapahoe County set these rates annually, and they can vary significantly between different areas within the county. Each year, Arapahoe County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Arapahoe County's effective property tax rate with other areas in Colorado and the national median. For comparison, the city of Littleton has one of the higher property tax rates in Colorado at 0.71%, while the city of Watkins boasts one of the lowest at 0.44%. Analyzing how Arapahoe County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Arapahoe County Tax Rate
0.70%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arapahoe County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aurora | 0.50% | 0.50% | 0.70% | 0.78% | 0.93% |
| Bennett | 0.37% | 0.43% | 0.44% | 0.73% | 0.73% |
| Byers | 0.38% | 0.46% | 0.46% | 0.46% | 0.46% |
| Centennial | 0.59% | 0.67% | 0.71% | 0.79% | 0.84% |
| Cherry Hills Village | 0.62% | 0.66% | 0.66% | 0.66% | 0.66% |
| Deer Trail | 0.52% | 0.52% | 0.52% | 0.95% | 0.95% |
| Denver | 0.51% | 0.61% | 0.62% | 0.63% | 0.64% |
| Englewood | 0.49% | 0.51% | 0.52% | 0.66% | 0.72% |
| Foxfield | 0.51% | 0.54% | 0.60% | 0.60% | 0.60% |
| Greenwood Village | 0.53% | 0.58% | 0.58% | 0.67% | 0.70% |
| Littleton | 0.56% | 0.71% | 0.71% | 0.76% | 0.82% |
| Parker | N/A | N/A | N/A | N/A | N/A |
| Sheridan | 0.46% | 0.64% | 0.64% | 0.65% | 0.67% |
| Strasburg | 0.48% | 0.60% | 0.60% | 0.60% | 0.61% |
| Watkins | 0.38% | 0.44% | 0.44% | 5.37% | 5.37% |
Source: Ownwell
Property Tax Assessment Values Across Arapahoe County, Colorado
In Arapahoe County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Arapahoe County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Arapahoe County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Arapahoe County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Arapahoe County, the city with the highest median tax bill is Cherry Hills Village at $14,139, while Byers has the lowest at $1,209. The national median property tax rate is 0.99%, making it essential for homeowners to understand their local tax environment.
Property Tax Assessment Values Across Arapahoe County, Colorado
Source: Ownwell
$73,750
$1,300,035
$2,526,320
Average Arapahoe County Assessed Value
$387,300
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arapahoe County, Colorado
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aurora | $206,500 | $285,200 | $351,700 | $422,500 | $528,500 |
| Bennett | $435,000 | $493,950 | $556,000 | $627,450 | $730,480 |
| Byers | $14,620 | $45,000 | $275,300 | $380,500 | $494,440 |
| Centennial | $350,362 | $401,300 | $466,300 | $558,600 | $682,200 |
| Cherry Hills Village | $1,389,750 | $1,678,800 | $2,135,200 | $2,997,525 | $3,822,350 |
| Deer Trail | $38,310 | $107,561 | $250,200 | $298,100 | $318,800 |
| Denver | $124,040 | $246,775 | $341,200 | $490,300 | $635,530 |
| Englewood | $256,000 | $339,700 | $420,300 | $609,650 | $1,226,260 |
| Foxfield | $586,940 | $672,100 | $816,100 | $1,016,700 | $1,220,280 |
| Greenwood Village | $248,400 | $482,300 | $880,000 | $1,371,950 | $2,017,500 |
| Littleton | $290,087 | $367,300 | $452,800 | $587,200 | $889,740 |
| Parker | N/A | N/A | N/A | N/A | N/A |
| Sheridan | $277,450 | $279,600 | $294,050 | $338,325 | $450,000 |
| Strasburg | $41,470 | $162,700 | $478,950 | $548,050 | $603,990 |
| Watkins | $65,085 | $67,578 | $489,200 | $670,000 | $748,920 |
Source: Ownwell
Property Tax Bills Across Arapahoe County, Colorado
In Arapahoe County, CO, property tax bills are calculated based on the assessed value of a home, which is derived from a percentage of its market value. The median home price in Arapahoe County is $387,300, and the property tax rate is applied to this assessed value to determine the tax bill. Various factors influence the tax bill, including property location, local tax rates, and any applicable exemptions or deductions. Homeowners in Arapahoe County can expect tax bills to vary significantly. For instance, the 25th percentile tax bill is around $1,819, while the 75th percentile reaches $3,834. At the higher end, the 90th percentile tax bill is approximately $5,171. The highest median tax bill in the county is found in Cherry Hills Village at $14,139, contrasting sharply with the lowest median tax bill in Byers at $1,209. These variations highlight how property taxes can significantly impact homeowners, depending on their property's assessed value and location within the county.
Average Arapahoe County Tax Bill
$2,536
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Arapahoe County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aurora | $1,225 | $1,650 | $2,220 | $3,215 | $4,763 |
| Bennett | $1,698 | $2,135 | $2,780 | $3,836 | $4,413 |
| Byers | $69 | $209 | $1,209 | $1,722 | $2,273 |
| Centennial | $2,371 | $2,796 | $3,377 | $4,146 | $5,078 |
| Cherry Hills Village | $9,195 | $10,631 | $14,139 | $19,893 | $25,719 |
| Deer Trail | $200 | $556 | $1,360 | $2,078 | $2,819 |
| Denver | $804 | $1,539 | $2,107 | $2,967 | $4,281 |
| Englewood | $1,425 | $1,835 | $2,315 | $3,866 | $8,105 |
| Foxfield | $3,224 | $3,814 | $4,643 | $5,938 | $7,208 |
| Greenwood Village | $1,810 | $3,749 | $5,599 | $8,887 | $13,333 |
| Littleton | $2,024 | $2,573 | $3,206 | $4,344 | $6,883 |
| Parker | N/A | N/A | N/A | N/A | N/A |
| Sheridan | $1,768 | $1,789 | $1,882 | $2,058 | $2,236 |
| Strasburg | $248 | $935 | $2,718 | $3,198 | $3,551 |
| Watkins | $1,997 | $2,609 | $3,230 | $3,496 | $4,428 |
Source: Ownwell