Golden, Gilpin County, Colorado Property Taxes
Median Golden, CO effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Golden, CO home value: $464,250
Median annual Golden, CO tax bill: $1,393, $1,007 lower than the national median property tax bill of $2,400.
How are property taxes in Gilpin calculated?
Property taxes in Golden, 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 Golden’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Golden, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Golden, Gilpin County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$2,368
$2,197
Ownwell’s Golden Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Golden with just two data points.
By entering your property's estimated assessed value, our calculator applies Golden’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 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 Golden, Gilpin County, Colorado
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Golden, located in Gilpin County, CO, the effective property tax rate is 0.51%. This rate is significantly lower than the national median property tax rate of 1.02%. In fact, Golden's rate is among the lowest in the state, making it an attractive location for homeowners looking to minimize their property tax burden. The median property tax rate in Colorado also tends to be lower than the national average, further highlighting the state's appeal. By understanding these rates, homeowners can make informed decisions about their property investments and potential 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 Golden Tax Rate
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 Golden, Gilpin County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80403 | 0.21% | 0.21% | 0.51% | 0.52% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Golden, Gilpin County, Colorado
When examining property taxes in Golden, Colorado, 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.
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 Golden.
For example, the median home price in Golden is $464,250, with tax bills ranging significantly across the county. Zip code 80403 has the highest median home price at $464,250.
Property Tax Assessment Values Across Golden, Gilpin County, Colorado
Source: Ownwell
$264,845
$364,548
$464,250
Median Golden Market Value
$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 Golden, Gilpin County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80403 | $90,480 | $325,900 | $464,250 | $576,480 | $752,110 |
Source: Ownwell
Property Tax Bills Across Golden, Gilpin County, Colorado
In Golden, located in Gilpin County, CO, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is a percentage of the property's market value, and local tax rates are applied to this assessed value to determine the annual tax bill. With a median home price of $464,250, homeowners can expect varying tax bills, with the 25th percentile at $937 and the 75th percentile reaching $2,523. The highest median tax bill in the area is $1,393, which matches the lowest, indicating a consistent tax rate across the region.
The property tax rate in Golden is relatively low compared to the national median property tax rate of 1.02% and a national median tax bill of $2,400. Despite this, property taxes can still be a significant expense for homeowners. Ownwell helps homeowners reduce their property tax bills by offering professional appeal and exemption services, ensuring that property assessments are fair and accurate. This can lead to substantial savings, making homeownership more affordable.
Median Golden Tax Bill
$1,393
Median Gilpin County Tax Bill
$1,047
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Golden, Gilpin County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80403 | $405 | $937 | $1,393 | $2,523 | $3,392 |
Source: Ownwell