Jefferson County, Colorado Property Taxes
The median property tax rate in Jefferson County is 0.66%, which is significantly lower than the national median of 0.99% but higher than Colorado's state median of 0.55%. With a median home value of $436,276 in Jefferson County, the typical annual property tax bill reaches $2,797, slightly above the national median of $2,690. Property taxes in Jefferson County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Jefferson County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Lakewood or another part of Jefferson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jefferson County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.66%
Estimate Property Tax Bill
$2,879
$2,672
Ownwell’s Jefferson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Jefferson County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Jefferson County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Jefferson County, Colorado
Property taxes in Jefferson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Jefferson County is 0.66%, which is lower than the U.S. national median of 0.99%. Local government entities within Jefferson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Jefferson County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Idledale has one of the higher property tax rates in Colorado at 1.23%, while the city of Westminster boasts one of the lowest at 0.54%. Analyzing how Jefferson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Jefferson County Tax Rate
0.66%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jefferson County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arvada | 0.52% | 0.66% | 0.68% | 0.68% | 1.11% |
| Bailey | 0.61% | 0.61% | 0.61% | 0.78% | 2.57% |
| Broomfield | 0.42% | 0.54% | 0.54% | 0.54% | 0.57% |
| Buffalo Creek | 0.49% | 0.61% | 0.61% | 0.61% | 0.61% |
| Centennial | N/A | N/A | N/A | N/A | N/A |
| Conifer | 0.51% | 0.61% | 0.61% | 0.61% | 0.74% |
| Denver | 0.55% | 0.63% | 0.69% | 0.72% | 1.03% |
| Edgewater | 0.47% | 0.60% | 0.60% | 0.60% | 0.61% |
| Evergreen | 0.55% | 0.66% | 0.66% | 0.66% | 0.66% |
| Foxton | N/A | N/A | N/A | N/A | N/A |
| Golden | 0.51% | 0.60% | 0.62% | 0.69% | 0.72% |
| Idledale | 0.62% | 0.78% | 1.23% | 1.23% | 1.23% |
| Indian Hills | 0.59% | 0.66% | 0.80% | 0.80% | 0.80% |
| Kittredge | 0.49% | 0.67% | 0.69% | 0.69% | 0.69% |
| Lakewood | 0.50% | 0.64% | 0.64% | 0.66% | 0.69% |
| Littleton | 0.55% | 0.66% | 0.69% | 0.71% | 0.77% |
| Morrison | 0.52% | 0.62% | 0.69% | 0.71% | 0.99% |
| Pine | 0.50% | 0.61% | 0.61% | 0.61% | 2.56% |
| Sedalia | N/A | N/A | N/A | N/A | N/A |
| Westminster | 0.41% | 0.54% | 0.54% | 0.54% | 0.54% |
| Wheat Ridge | 0.49% | 0.62% | 0.62% | 0.65% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Jefferson County, Colorado
In Jefferson County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Jefferson County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Jefferson County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Jefferson County, the highest median tax bill is in Centennial at $4,586, while the lowest is in Foxton at $700. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Jefferson County, Colorado
Source: Ownwell
$247,994
$528,030
$808,066
Average Jefferson County Assessed Value
$436,276
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jefferson County, Colorado
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arvada | $292,393 | $367,533 | $424,370 | $523,736 | $640,270 |
| Bailey | $148,878 | $317,696 | $743,617 | $803,442 | $1,004,354 |
| Broomfield | $303,925 | $343,518 | $403,354 | $480,717 | $561,522 |
| Buffalo Creek | $145,336 | $199,912 | $417,736 | $665,131 | $754,021 |
| Centennial | N/A | N/A | N/A | N/A | N/A |
| Conifer | $162,658 | $401,396 | $508,496 | $623,769 | $783,258 |
| Denver | $181,938 | $286,584 | $428,904 | $704,950 | $854,103 |
| Edgewater | $340,446 | $372,340 | $410,590 | $453,974 | $515,980 |
| Evergreen | $283,465 | $432,220 | $592,244 | $784,115 | $1,047,702 |
| Foxton | N/A | N/A | N/A | N/A | N/A |
| Golden | $232,533 | $399,876 | $561,264 | $742,262 | $911,672 |
| Idledale | $184,896 | $261,865 | $346,907 | $502,994 | $703,374 |
| Indian Hills | $127,712 | $313,151 | $424,560 | $568,140 | $803,364 |
| Kittredge | $233,552 | $283,866 | $330,831 | $384,617 | $513,255 |
| Lakewood | $239,582 | $320,680 | $413,314 | $483,850 | $595,516 |
| Littleton | $290,849 | $386,972 | $460,203 | $555,138 | $687,480 |
| Morrison | $29,398 | $362,251 | $434,174 | $666,931 | $995,155 |
| Pine | $37,495 | $172,568 | $376,200 | $511,820 | $713,072 |
| Sedalia | N/A | N/A | N/A | N/A | N/A |
| Westminster | $300,246 | $350,370 | $395,212 | $440,573 | $482,273 |
| Wheat Ridge | $228,637 | $369,804 | $439,095 | $517,111 | $607,577 |
Source: Ownwell
Property Tax Bills Across Jefferson County, Colorado
In Jefferson County, CO, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The county tax assessor evaluates properties to determine their market value, and then the assessed value is derived from this figure. Homeowners in Jefferson County can expect a median property tax bill of around $2,861, which is influenced by various factors including property location, size, and market conditions. For instance, homeowners in Centennial face the highest median tax bill at $4,586, while those in Foxton enjoy the lowest at $700. This wide range demonstrates how property values and local tax rates can significantly affect tax bills. The 25th percentile tax bill is $2,151, the 75th percentile is $3,672, and the 90th percentile reaches $5,207, indicating a diverse range of property values and tax obligations within the county. Comparatively, Jefferson County's property tax rates are aligned with the national median property tax rate of 0.99%, although individual tax bills can vary widely based on specific property assessments.
Average Jefferson County Tax Bill
$2,797
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Jefferson County, Colorado
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arvada | $1,769 | $2,303 | $2,810 | $3,672 | $5,670 |
| Bailey | $2,046 | $3,975 | $4,573 | $5,437 | $6,176 |
| Broomfield | $1,472 | $1,775 | $2,103 | $2,570 | $3,121 |
| Buffalo Creek | $750 | $1,315 | $3,183 | $4,317 | $5,005 |
| Centennial | N/A | N/A | N/A | N/A | N/A |
| Conifer | $1,502 | $2,446 | $3,130 | $3,924 | $4,896 |
| Denver | $1,263 | $1,900 | $2,906 | $5,060 | $7,966 |
| Edgewater | $1,830 | $2,149 | $2,410 | $2,707 | $3,112 |
| Evergreen | $1,910 | $2,770 | $3,810 | $5,104 | $6,865 |
| Foxton | N/A | N/A | N/A | N/A | N/A |
| Golden | $1,445 | $2,444 | $3,533 | $4,903 | $6,439 |
| Idledale | $1,514 | $2,685 | $3,782 | $5,199 | $6,992 |
| Indian Hills | $995 | $2,240 | $3,188 | $4,315 | $6,137 |
| Kittredge | $1,274 | $1,887 | $2,241 | $2,615 | $3,428 |
| Lakewood | $1,480 | $1,932 | $2,556 | $3,092 | $3,968 |
| Littleton | $1,973 | $2,582 | $3,128 | $3,867 | $4,994 |
| Morrison | $1,500 | $2,370 | $2,934 | $4,302 | $7,143 |
| Pine | $251 | $1,139 | $2,349 | $3,254 | $4,852 |
| Sedalia | N/A | N/A | N/A | N/A | N/A |
| Westminster | $1,459 | $1,804 | $2,076 | $2,355 | $2,624 |
| Wheat Ridge | $1,456 | $2,178 | $2,662 | $3,223 | $4,022 |
Source: Ownwell