Fort Collins, Larimer County, Colorado Property Taxes

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

Median Fort Collins, CO effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%. Median Fort Collins, CO home value: $400,500. Median annual Fort Collins, CO tax bill: $2,540, $140 higher than the national median property tax bill of $2,400.

How are property taxes in Larimer County calculated?

Property taxes in Fort Collins, 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 Fort Collins’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fort Collins, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fort Collins, Larimer County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$2,643

$2,453

Ownwell’s Fort Collins Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fort Collins with just two data points.

By entering your property's estimated assessed value, our calculator applies Fort Collins’ 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 Larimer County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fort Collins, Larimer County, Colorado

Local government entities set tax rates, which can vary widely within a state. This variation stems from each county's annual budgetary needs. 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 Fort Collins, Larimer County, the effective property tax rate is notably lower than the national median of 1.02%. This positions Fort Collins as an attractive location for property owners seeking lower tax obligations. When comparing Fort Collins to other cities in Colorado, it is evident that the city's property tax rate is competitive within the state. The median property tax rate in Colorado is also below the national average, further enhancing the appeal of owning property in Fort Collins. This favorable tax environment can be a significant factor for potential homeowners and investors looking for cost-effective options in the real estate market.

Property Tax Rates Across Fort Collins, Larimer County, Colorado

Source: Ownwell

0.50%

0.90%

1.30%

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 Fort Collins Tax Rate

0.66%

Median Effective Larimer County Tax Rate

0.66%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fort Collins, Larimer County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80521	0.53%	0.66%	0.66%	0.66%	0.67%
80524	0.53%	0.66%	0.66%	0.66%	0.67%
80525	0.52%	0.59%	0.66%	0.66%	0.67%
80526	0.51%	0.66%	0.66%	0.66%	0.67%
80528	0.66%	0.66%	0.67%	0.68%	0.73%

Source: Ownwell

Property Tax Assessment Values Across Fort Collins, Larimer County, Colorado

When examining property taxes in Fort Collins, CO, 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 Larimer County Assessor 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 Larimer County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Fort Collins.

For example, the median home price in Fort Collins is $400,500, with tax bills ranging significantly across the county. Zip code 80528 has the highest median home price at $475,950.

Property Tax Assessment Values Across Fort Collins, Larimer County, Colorado

Source: Ownwell

$180,350

$430,675

$681,000

Median Fort Collins Market Value

$400,500

Median Larimer County Market Value

$394,000

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fort Collins, Larimer County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80521	$241,360	$318,000	$369,200	$456,400	$586,130
80524	$254,260	$345,600	$411,800	$526,500	$729,600
80525	$258,910	$336,475	$413,800	$487,800	$584,880
80526	$242,200	$334,800	$384,200	$458,300	$570,590
80528	$272,800	$352,425	$475,950	$616,100	$757,120

Source: Ownwell

Property Tax Bills Across Fort Collins, Larimer County, Colorado

Property tax bills in Fort Collins, located in Larimer County, CO, are calculated based on the assessed value of a property, which is a percentage of the market value. The local tax rate is then applied to this assessed value. In Fort Collins, the median home price is $400,500, and tax bills vary significantly across different percentiles. For instance, the tax bill at the 25th percentile is $2,086, while at the 75th percentile, it rises to $3,183. The highest median tax bill is found in the 80528 zip code, amounting to $3,149, whereas the lowest is $2,380 in the 80521 zip code. Compared to the national median property tax bill of $2,400, Fort Collins homeowners face a diverse range of tax obligations. These taxes can significantly impact homeowners' finances, making it essential to manage them effectively. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemption services, ensuring they do not pay more than necessary and helping them navigate the complexities of property tax assessments.

Property Tax Bills Across Fort Collins, Larimer County, Colorado

Source: Ownwell

$1,050

$3,140

$5,230

Median Fort Collins Tax Bill

$2,540

Median Larimer County Tax Bill

$2,461

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Fort Collins, Larimer County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80521	$1,524	$1,990	$2,380	$2,931	$3,860
80524	$1,526	$2,165	$2,632	$3,374	$4,806
80525	$1,598	$2,072	$2,550	$3,097	$3,774
80526	$1,520	$2,047	$2,446	$2,917	$3,652
80528	$1,864	$2,295	$3,149	$4,135	$5,225

Source: Ownwell