Broomfield County, Colorado Property Taxes

Name: Property Tax Bills Across Broomfield County, Colorado
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Broomfield County effective property tax rate: 0.55%, significantly lower than the national median of 1.02%.
Median Broomfield County home value: $637,620
Median annual Broomfield County tax bill: $3,517, $1,117 higher than the national median property tax bill of $2,400.

How are property taxes in Broomfield County calculated?

Property taxes in Broomfield County 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. Whether you live in Broomfield or another part of Broomfield County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Broomfield County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.55%

Estimate Property Tax Bill

$3,507

$3,254

Ownwell’s Broomfield County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Broomfield County with just two data points. By entering your property's estimated assessed value, our calculator applies Broomfield County’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 property taxes in Broomfield County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Broomfield County, Colorado

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual process of estimating its required budget to provide services, then dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the core of the annual process. In Broomfield County, the effective property tax rate offers a unique perspective when compared to other counties in Colorado or the U.S. median property tax rate. With a median tax rate of 0.55%, Broomfield County sits well below the national median of 1.02%, offering significant savings to property owners. Within the county, Westminster has the highest median tax rate at 0.78%, while Erie boasts the lowest at 0.44%. This range highlights the diversity in tax rates even within a single county.

Property Tax Rates Across Broomfield County, Colorado

Source: Ownwell

0.44%

0.61%

0.78%

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 County Tax Rate

0.55%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Broomfield County, Colorado

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Broomfield	0.41%	0.47%	0.55%	0.66%	0.73%
Denver	0.60%	0.61%	0.61%	0.63%	0.64%
Erie	0.27%	0.38%	0.44%	0.55%	0.81%
Westminster	0.59%	0.73%	0.78%	0.89%	0.89%

Source: Ownwell

Property Tax Assessment Values Across Broomfield County, Colorado

When examining property taxes in Broomfield County, 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 Broomfield County Assessor's Office 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 Broomfield County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle 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 Broomfield County. For example, the median tax bill in Broomfield County is $4,040, with tax bills ranging significantly across the county. Westminster has the highest median home price at $1,007,475.

Property Tax Assessment Values Across Broomfield County, Colorado

Source: Ownwell

$30,410

$518,943

$1,007,475

Median Broomfield County Market Value

$637,620

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Broomfield County, Colorado

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Broomfield	$455,690	$535,518	$644,955	$848,545	$1,061,657
Denver	$9,770	$13,285	$30,410	$59,358	$78,300
Erie	$126,955	$282,080	$360,690	$603,875	$832,070
Westminster	$662,005	$721,722	$1,007,475	$1,546,050	$1,993,063

Source: Ownwell

Property Tax Bills Across Broomfield County, Colorado

In Broomfield County, CO, property tax bills are determined by a combination of the property's assessed value and the local tax rate. The median home price in the county is $637,620, which significantly influences the tax bill. Homeowners in Broomfield County can expect a range of property tax bills. At the 25th percentile, the tax bill is $2,685, while at the 75th percentile, it rises to $5,396. At the 90th percentile, the tax bill reaches $6,840. This variation is due to differences in property values and applicable exemptions. The highest median tax bill in the region is found in Westminster, at $7,877, contrasting sharply with Denver's lowest median tax bill of $510. These figures highlight the disparity in property tax burdens within the area. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Broomfield County's tax bills can be significantly higher, impacting homeowners' financial planning and budgeting.

Property Tax Bills Across Broomfield County, Colorado

Source: Ownwell

$510

$4,194

$7,877

Median Broomfield County Tax Bill

$3,517

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Broomfield County, Colorado

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Broomfield	$2,170	$2,699	$3,524	$5,391	$6,823
Denver	$384	$445	$510	$665	$712
Erie	$590	$1,135	$1,955	$3,323	$3,815
Westminster	$5,923	$6,409	$7,877	$10,909	$12,364

Source: Ownwell