Routt County, Colorado Property Taxes

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

Median Routt County effective property tax rate: 0.38%, significantly lower than the national median of 1.02%.
Median Routt County home value: $507,780
Median annual Routt County tax bill: $2,259, $141 lower than the national median property tax bill of $2,400.

How are property taxes in Routt County calculated?

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

Last Updated March 1, 2025

Routt County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.38%

Estimate Property Tax Bill

$1,930

$1,791

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

Property Tax Rates Across Routt 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 Routt County's effective property tax rate to other counties in Colorado or the U.S. median property tax rate.

Property Tax Rates Across Routt County, Colorado

Source: Ownwell

0.38%

0.60%

0.82%

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 Routt County Tax Rate

0.38%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Routt County, Colorado

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Clark	0.43%	0.44%	0.44%	0.49%	0.52%
Hamilton	0.45%	0.49%	0.58%	0.96%	1.19%
Hayden	0.45%	0.54%	0.82%	0.82%	0.82%
Mc Coy	0.40%	0.40%	0.40%	0.49%	0.78%
Oak Creek	0.46%	0.57%	0.65%	0.68%	0.68%
Phippsburg	0.35%	0.53%	0.53%	0.53%	0.82%
Steamboat Springs	0.38%	0.38%	0.38%	0.38%	0.47%
Toponas	0.44%	0.53%	0.54%	0.93%	1.29%
Yampa	0.32%	0.53%	0.64%	0.64%	0.73%
Carbondale	N/A	N/A	N/A	N/A	N/A
Craig	N/A	N/A	N/A	N/A	N/A
Slater	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Routt County, Colorado

When examining property taxes in Routt 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 Routt 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 Routt 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 Routt County.

For example, the median tax bill in Routt County is $2,421, with tax bills ranging significantly across the county. Steamboat Springs has the highest median home price at $599,520.

Property Tax Assessment Values Across Routt County, Colorado

Source: Ownwell

$202,830

$401,175

$599,520

Median Routt County Market Value

$507,780

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Routt County, Colorado

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Clark	$116,546	$297,590	$454,020	$658,890	$959,522
Hamilton	$67,280	$141,325	$391,040	$616,475	$872,854
Hayden	$35,360	$163,205	$249,290	$352,920	$431,606
Mc Coy	$40,524	$151,980	$496,620	$832,910	$1,612,038
Oak Creek	$80,710	$189,175	$330,055	$545,330	$884,905
Phippsburg	$93,574	$150,722	$222,100	$303,878	$394,546
Steamboat Springs	$243,050	$382,580	$599,520	$970,160	$1,635,502
Toponas	$71,658	$108,475	$230,650	$488,925	$1,098,066
Yampa	$19,410	$125,450	$202,830	$291,820	$526,896
Carbondale	N/A	N/A	N/A	N/A	N/A
Craig	N/A	N/A	N/A	N/A	N/A
Slater	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Routt County, Colorado

In Routt County, 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 in Routt County is $507,780, and the tax bill is determined by multiplying the assessed value by the local tax rate. Homeowners in this county face a range of tax bills, with the 25th percentile at $1,407 and the 75th percentile at $3,702, indicating a significant variation based on property value and location. For those in the 90th percentile, tax bills can reach as high as $6,272. Steamboat Springs, within the county, holds the highest median tax bill at $2,421, while Phippsburg has the lowest at $1,203. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Routt County's tax bills reflect the region's property values and local tax policies. These bills significantly impact homeowners, influencing decisions on buying, selling, and maintaining properties.

Property Tax Bills Across Routt County, Colorado

Source: Ownwell

$1,203

$1,813

$2,422

Median Routt County Tax Bill

$2,259

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Routt County, Colorado

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Clark	$580	$1,343	$2,047	$3,008	$4,357
Hamilton	$487	$1,340	$2,121	$3,726	$8,602
Hayden	$520	$1,108	$1,860	$2,704	$3,257
Mc Coy	$432	$807	$2,035	$4,253	$6,786
Oak Creek	$567	$1,272	$2,160	$3,545	$5,607
Phippsburg	$441	$797	$1,203	$1,725	$2,463
Steamboat Springs	$980	$1,515	$2,421	$3,981	$6,742
Toponas	$666	$1,012	$1,996	$3,569	$7,508
Yampa	$407	$767	$1,278	$1,907	$3,416
Carbondale	N/A	N/A	N/A	N/A	N/A
Craig	N/A	N/A	N/A	N/A	N/A
Slater	N/A	N/A	N/A	N/A	N/A

Source: Ownwell