Broomfield, Boulder County, Colorado Property Taxes
Median Broomfield, CO effective property tax rate: 0.43%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Broomfield, CO home value: $1,236,400
Median annual Broomfield, CO tax bill: $5,239, $2,839 higher than the national median property tax bill of $2,400.
How are property taxes in Boulder calculated?
Property taxes in Broomfield, CO 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 Broomfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Broomfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Broomfield, Boulder County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.43%
Estimate Property Tax Bill
$5,317
$4,934
Property Tax Rates Across Broomfield, Boulder County, Colorado
Local government entities determine property tax rates, leading to significant variations within a state. Annually, each county calculates 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. Although votes and laws play a role in setting these rates and budgets, this is essentially the yearly process.
In Broomfield, located in Boulder County, Colorado, the effective property tax rate is 0.43%, which is considerably lower than the national median property tax rate of 1.02%. This means that homeowners in Broomfield benefit from lower property tax bills compared to many other regions across the United States. The median property tax bill in Broomfield also tends to be lower than the national median of $2,400. This lower tax rate can be an attractive factor for potential homeowners considering a move to the area, as it can result in significant long-term savings.
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 Broomfield Tax Rate
0.43%
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 Boulder County Tax Rate
0.50%
Median Effective Colorado Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Broomfield, Boulder County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80020 | 0.37% | 0.39% | 0.43% | 0.45% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Broomfield, Boulder County, Colorado
When examining property taxes in Broomfield, CO, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Boulder County appraisal district 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.
In Boulder County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Broomfield. For example, the median home price in Broomfield is $1,236,400, with tax bills ranging significantly across the county. Zip code 80020 has the highest median home price at $1,236,400.
Property Tax Assessment Values Across Broomfield, Boulder County, Colorado
Source: Ownwell
$410,300
$977,725
$1,545,150
Median Broomfield Market Value
$1,236,400
Median Boulder County Market Value
$722,900
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Broomfield, Boulder County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80020 | $872,270 | $1,038,100 | $1,236,400 | $1,599,425 | $2,064,250 |
Source: Ownwell
Property Tax Bills Across Broomfield, Boulder County, Colorado
Median Broomfield Tax Bill
$5,239
Median Boulder County Tax Bill
$3,545
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Broomfield, Boulder County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80020 | $3,525 | $4,303 | $5,239 | $6,750 | $9,251 |
Source: Ownwell