Gunnison County, Colorado Property Taxes

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

Median Gunnison County effective property tax rate: 0.46%, significantly lower than the national median of 1.02%.
Median Gunnison County home value: $413,850
Median annual Gunnison County tax bill: $1,892, $508 lower than the national median property tax bill of $2,400.

How are property taxes in Gunnison County calculated?

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

Last Updated March 1, 2025

Gunnison County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.46%

Estimate Property Tax Bill

$1,904

$1,767

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

Property Tax Rates Across Gunnison County, Colorado

Local government entities set tax rates, which can vary widely within a state. Annually, 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. Below, you can compare Gunnison County's effective property tax rate to other counties in Colorado or the U.S. median property tax rate.

Property Tax Rates Across Gunnison County, Colorado

Source: Ownwell

0.40%

0.50%

0.61%

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 Gunnison County Tax Rate

0.46%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gunnison County, Colorado

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Almont	0.41%	0.42%	0.42%	0.42%	0.42%
Carbondale	0.40%	0.45%	0.45%	0.49%	0.49%
Cimarron	0.36%	0.40%	0.41%	0.41%	0.41%
Crested Butte	0.49%	0.54%	0.61%	0.61%	0.62%
Gunnison	0.37%	0.42%	0.42%	0.42%	0.43%
Marble	0.40%	0.45%	0.45%	0.49%	0.51%
Ohio City	0.42%	0.42%	0.42%	0.42%	0.42%
Parlin	0.42%	0.42%	0.42%	0.52%	0.76%
Pitkin	0.42%	0.42%	0.42%	0.46%	0.46%
Powderhorn	0.41%	0.41%	0.41%	0.43%	0.50%
Somerset	0.38%	0.39%	0.40%	0.41%	0.57%
Paonia	N/A	N/A	N/A	N/A	N/A
Sargents	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Gunnison County, Colorado

When examining property taxes in Gunnison 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 Gunnison 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 Gunnison 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 Gunnison County. For example, the median tax bill in Gunnison County is $2,400, with tax bills ranging significantly across the county. Crested Butte has the highest median home price at $635,620.

Property Tax Assessment Values Across Gunnison County, Colorado

Source: Ownwell

$179,865

$471,293

$762,720

Median Gunnison County Market Value

$413,850

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gunnison County, Colorado

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Almont	$105,976	$188,212	$367,775	$691,078	$1,232,097
Carbondale	$135,915	$282,675	$422,120	$584,790	$801,229
Cimarron	$170,670	$224,670	$276,820	$350,832	$500,575
Crested Butte	$130,704	$330,085	$635,620	$1,110,240	$1,740,464
Gunnison	$139,216	$253,230	$379,300	$502,318	$647,086
Marble	$87,245	$123,708	$304,420	$486,230	$858,140
Ohio City	$60,624	$140,258	$285,305	$338,822	$452,994
Parlin	$65,574	$190,580	$335,190	$527,980	$646,620
Pitkin	$65,717	$113,895	$179,865	$259,718	$325,181
Powderhorn	$119,743	$184,402	$272,895	$376,735	$603,982
Somerset	$52,245	$83,152	$212,705	$407,518	$781,018
Paonia	N/A	N/A	N/A	N/A	N/A
Sargents	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Gunnison County, Colorado

In Gunnison County, CO, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, size, and improvements made to the property. Homeowners in Gunnison County can expect varying tax bills, with the 25th percentile at $1,080, indicating that a quarter of the residents pay less than this amount. Conversely, the 75th percentile tax bill is $3,781, and the 90th percentile reaches $7,216, showing how property values and taxes can significantly differ within the county. The highest median tax bill is found in Crested Butte at $3,672, while Pitkin has the lowest at $781. For context, the national median property tax rate is 1.02%, with a median bill of $2,400, highlighting how Gunnison County's tax bills can be both above and below the national figures, affecting homeowners differently based on their property's assessed value.

Property Tax Bills Across Gunnison County, Colorado

Source: Ownwell

$781

$2,478

$4,175

Median Gunnison County Tax Bill

$1,892

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Gunnison County, Colorado

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Almont	$467	$805	$1,567	$2,986	$5,265
Carbondale	$683	$1,255	$1,910	$2,738	$3,818
Cimarron	$720	$917	$1,094	$1,381	$1,901
Crested Butte	$866	$1,945	$3,672	$6,395	$10,489
Gunnison	$632	$1,059	$1,554	$2,083	$2,813
Marble	$452	$720	$1,288	$2,178	$3,845
Ohio City	$252	$584	$1,182	$1,419	$2,022
Parlin	$273	$928	$1,486	$2,592	$3,184
Pitkin	$299	$487	$781	$1,149	$1,478
Powderhorn	$532	$783	$1,149	$1,641	$2,721
Somerset	$211	$334	$936	$1,765	$3,344
Paonia	N/A	N/A	N/A	N/A	N/A
Sargents	N/A	N/A	N/A	N/A	N/A

Source: Ownwell