Grand Junction, Mesa County, Colorado Property Taxes

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

Median Grand Junction, CO effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Grand Junction, CO home value: $247,955
Median annual Grand Junction, CO tax bill: $1,238, $1,162 lower than the national median property tax bill of $2,400.

How are property taxes in Mesa County calculated?

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

Last Updated March 1, 2025

Grand Junction, Mesa County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.5%

Estimate Property Tax Bill

$1,240

$1,150

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

Property Tax Rates Across Grand Junction, Mesa County, Colorado

Local government entities in Colorado set property tax rates, which can vary significantly across the state. Annually, each county, including Mesa County, estimates its required budget to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the fundamental process.

In Grand Junction, located in Mesa County, the effective property tax rate is 0.50%, which is below the national median property tax rate of 1.02%. Within Mesa County, the highest median tax rate is 0.56% in the 81503 ZIP code, while the lowest is 0.49% in the 81506 ZIP code. Comparatively, Colorado's property tax rates tend to be lower than the national average, making it an attractive state for property owners seeking lower tax burdens. This provides a compelling reason for property owners in Grand Junction and throughout Colorado to consider property tax appeal and exemption services to potentially reduce their tax liabilities further.

Property Tax Rates Across Grand Junction, Mesa County, Colorado

Source: Ownwell

0.26%

0.42%

0.58%

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 Grand Junction Tax Rate

0.50%

Median Effective Mesa County Tax Rate

0.50%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grand Junction, Mesa County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
81501	0.25%	0.49%	0.50%	0.50%	0.50%
81503	0.35%	0.49%	0.56%	0.58%	0.61%
81504	0.31%	0.50%	0.53%	0.54%	0.56%
81505	0.33%	0.50%	0.50%	0.50%	0.50%
81506	0.33%	0.49%	0.49%	0.49%	0.50%
81507	0.35%	0.44%	0.49%	0.50%	0.52%

Source: Ownwell

Property Tax Assessment Values Across Grand Junction, Mesa County, Colorado

When examining property taxes in Grand Junction, 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 Mesa 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.

In Mesa 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 Grand Junction. For example, the median home price in Grand Junction is $247,955, with tax bills ranging significantly across the county. Zip code 81507 has the highest median home price at $377,285.

Property Tax Assessment Values Across Grand Junction, Mesa County, Colorado

Source: Ownwell

$115,565

$246,425

$377,285

Median Grand Junction Market Value

$247,955

Median Mesa County Market Value

$241,920

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grand Junction, Mesa County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
81501	$50,000	$154,420	$205,690	$253,420	$302,046
81503	$123,570	$176,580	$220,650	$299,530	$367,990
81504	$60,000	$175,030	$230,630	$265,975	$308,738
81505	$37,950	$192,040	$292,610	$364,950	$543,570
81506	$168,490	$245,732	$318,285	$403,215	$513,390
81507	$206,590	$285,842	$377,285	$510,235	$666,710

Source: Ownwell

Property Tax Bills Across Grand Junction, Mesa County, Colorado

In Grand Junction, Mesa County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in this region experience a median property tax bill of approximately $1,200, which is below the national median of $2,400. Factors influencing the tax bill include the local tax rate and the assessed value of the property. For instance, homes in the 25th percentile receive tax bills around $883, while those in the 90th percentile see bills as high as $2,199. Homeowners in the 81507 zip code face the highest median tax bill of $1,792, whereas the 81501 zip code sees the lowest at $978. These fluctuations can significantly impact household budgets. Ownwell offers services to help homeowners reduce their property tax bills by identifying potential savings through appeals and exemptions. By leveraging expert knowledge and local insights, Ownwell ensures homeowners only pay their fair share, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Grand Junction, Mesa County, Colorado

Source: Ownwell

$329

$1,061

$1,792

Median Grand Junction Tax Bill

$1,238

Median Mesa County Tax Bill

$1,213

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Grand Junction, Mesa County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
81501	$251	$657	$978	$1,229	$1,475
81503	$600	$928	$1,212	$1,587	$1,955
81504	$332	$797	$1,172	$1,384	$1,615
81505	$180	$947	$1,416	$1,787	$2,689
81506	$705	$1,085	$1,428	$1,887	$2,435
81507	$894	$1,282	$1,792	$2,462	$3,222

Source: Ownwell