Gilpin County, Colorado Property Taxes

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

Median Gilpin County effective property tax rate: 0.41%, significantly lower than the national median of 1.02%.
Median Gilpin County home value: $340,645
Median annual Gilpin County tax bill: $1,047, $1,353 lower than the national median property tax bill of $2,400.

How are property taxes in Gilpin County calculated?

Property taxes in Gilpin 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 Central City or another part of Gilpin County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Gilpin County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.41%

Estimate Property Tax Bill

$1,397

$1,296

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

Property Tax Rates Across Gilpin County, Colorado

Local government entities set tax rates, which can vary widely within a state. This is because each county annually 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 play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Gilpin County, Colorado, the effective property tax rate stands at 0.41%. This is significantly lower than the national median property tax rate of 1.02%, making it an attractive region for property owners looking to minimize their tax burden. Within the county, the highest median tax rate is found in Rollinsville at 0.51%, while Black Hawk offers a similar rate of 0.51%. These rates offer a stark comparison to the national landscape, where the median property tax bill is $2400. By understanding these local nuances, property owners can make informed decisions about where to invest or settle, taking advantage of lower rates in Gilpin County compared to the broader U.S. average.

Property Tax Rates Across Gilpin County, Colorado

Source: Ownwell

0.21%

0.36%

0.51%

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 Gilpin County Tax Rate

0.41%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gilpin County, Colorado

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Black Hawk	0.21%	0.21%	0.51%	0.51%	0.51%
Central City	0.16%	0.21%	0.22%	0.22%	0.22%
Golden	0.21%	0.21%	0.51%	0.52%	0.52%
Idaho Springs	0.16%	0.21%	0.21%	0.21%	0.21%
Rollinsville	0.41%	0.51%	0.51%	0.51%	0.51%
Evergreen	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Gilpin County, Colorado

When examining property taxes in Gilpin 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 Gilpin 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 Gilpin 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 Gilpin County.

For example, the median tax bill in Gilpin County is $1,773, with tax bills ranging significantly across the county. Golden has the highest median home price at $464,250.

Property Tax Assessment Values Across Gilpin County, Colorado

Source: Ownwell

$264,845

$364,548

$464,250

Median Gilpin County Market Value

$340,645

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gilpin County, Colorado

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Black Hawk	$75,168	$219,240	$347,805	$461,668	$577,954
Central City	$55,331	$160,920	$264,845	$336,082	$420,510
Golden	$90,480	$325,900	$464,250	$576,480	$752,110
Idaho Springs	$128,330	$342,860	$456,890	$586,460	$597,600
Rollinsville	$121,738	$227,828	$361,955	$463,008	$537,401
Evergreen	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Gilpin County, Colorado

In Gilpin County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the county is $340,645. Homeowners in Gilpin County experience a range of tax bills, with the 25th percentile paying around $595 and the 75th percentile seeing bills of approximately $1,696. The 90th percentile tax bill reaches $2,375, which is notably higher than the national median property tax bill of $2,400. Rollinsville, a city within Gilpin County, has the highest median tax bill at $1,773, while Central City has the lowest at $585. These figures reflect the varying property values and tax rates within the county. For homeowners, understanding these factors is crucial as property taxes can significantly impact annual expenses. Comparing these numbers to the national median property tax rate of 1.02% highlights the variance in tax burdens across regions, emphasizing the importance of local assessments in determining tax bills.

Property Tax Bills Across Gilpin County, Colorado

Source: Ownwell

$585

$1,179

$1,773

Median Gilpin County Tax Bill

$1,047

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Gilpin County, Colorado

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Black Hawk	$263	$660	$1,091	$1,690	$2,269
Central City	$105	$331	$585	$751	$990
Golden	$405	$937	$1,393	$2,523	$3,392
Idaho Springs	$275	$628	$980	$1,258	$1,282
Rollinsville	$538	$1,115	$1,773	$2,295	$2,815
Evergreen	N/A	N/A	N/A	N/A	N/A

Source: Ownwell