Snowmass Village, Pitkin County, Colorado Property Taxes

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

Median Snowmass Village, CO effective property tax rate: 0.35%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Snowmass Village, CO home value: $878,000
Median annual Snowmass Village, CO tax bill: $3,496, $1,096 higher than the national median property tax bill of $2,400.

How are property taxes in Pitkin County calculated?

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

Last Updated March 1, 2025

Snowmass Village, Pitkin County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.35%

Estimate Property Tax Bill

$3,073

$2,852

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

By entering your property's estimated assessed value, our calculator applies Snowmass Village’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 Pitkin County.

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

Property Tax Rates Across Snowmass Village, Pitkin County, Colorado

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties calculate their budgets to fund public services and then divide this by the total assessed value of all taxable properties within their boundaries, resulting in the property tax rate. Although the process involves votes and legislation, this is essentially how it works annually. In Snowmass Village, located in Pitkin County, the effective property tax rate is 0.35%. This is considerably lower than the national median property tax rate of 1.02%. Snowmass Village's rate reflects the unique characteristics of its local economy and property market. Compared to other cities in Colorado, Snowmass Village offers a more favorable tax environment, making it an attractive location for property owners. Understanding these rates is crucial for homeowners seeking to manage their property expenses effectively. By comparing Snowmass Village's rate to both state and national medians, property owners can gain valuable insights into their tax obligations and potential savings.

Property Tax Rates Across Snowmass Village, Pitkin County, Colorado

Source: Ownwell

0.22%

0.43%

0.65%

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 Snowmass Village Tax Rate

0.35%

Median Effective Pitkin County Tax Rate

0.26%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Snowmass Village, Pitkin County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
81615	0.35%	0.35%	0.35%	0.35%	0.74%

Source: Ownwell

Property Tax Assessment Values Across Snowmass Village, Pitkin County, Colorado

When examining property taxes in Snowmass Village, 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 Pitkin 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 Pitkin 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 Snowmass Village. For example, the median home price in Snowmass Village is $878,000, with tax bills ranging significantly across the county. Zip code 81615 has the highest median home price at $878,000.

Property Tax Assessment Values Across Snowmass Village, Pitkin County, Colorado

Source: Ownwell

$254,900

$3,919,500

$7,584,100

Median Snowmass Village Market Value

$878,000

Median Pitkin County Market Value

$1,237,200

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Snowmass Village, Pitkin County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
81615	$277,360	$481,750	$878,000	$2,194,900	$4,276,560

Source: Ownwell

Property Tax Bills Across Snowmass Village, Pitkin County, Colorado

In Snowmass Village, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price here is $878,000, significantly above the national median, which impacts the tax bill. Homeowners in this region can expect a tax bill ranging from $1,820 at the 25th percentile to $16,704 at the 90th percentile, with a median tax bill of $3,496. This is higher than the national median property tax bill of $2,400, reflecting the area's higher property values. The assessed value, local tax rates, and any applicable exemptions or deductions all play a role in determining the final tax bill. By leveraging Ownwell's expertise in property tax appeals and exemptions, homeowners can potentially lower their tax liabilities. Our team reviews property assessments and identifies discrepancies or opportunities for reductions, ensuring that homeowners in Snowmass Village only pay their fair share.

Property Tax Bills Across Snowmass Village, Pitkin County, Colorado

Source: Ownwell

$1,484

$9,213

$16,942

Median Snowmass Village Tax Bill

$3,496

Median Pitkin County Tax Bill

$4,527

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Snowmass Village, Pitkin County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
81615	$1,017	$1,820	$3,496	$8,421	$16,704

Source: Ownwell