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Property Taxes in Colorado

Median Colorado property tax rate: 0.55%, significantly lower than the national median of 1.02%. Median Colorado home value: $405,540. Median annual Colorado tax bill: $2,283, $117 lower than the national median property tax bill of $2,400. How are property taxes in Colorado calculated? Property taxes in Colorado 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. Regardless of where you are in Colorado, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Colorado Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.55%

Estimate Property Tax Bill

$2,230

$2,070

SAVE WITH OWNWELL

$1,102

Average Tax Savings

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

By entering your property's estimated assessed value, our calculator applies Colorado'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 Colorado.

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

Property Tax Rates Across Colorado

Local government entities in Colorado set tax rates, which can vary widely within the state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell. Below, you can compare a Colorado county’s effective property tax rate to other counties in Colorado or the U.S. median property tax rate. For instance, Kiowa County has the highest effective property tax rate in Colorado, at 0.98%, while Summit County has the lowest, at 0.40%.

Property Tax Rates Across Colorado

Source: Ownwell

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0.25%

0.61%

0.98%

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 Colorado Tax Rate

0.55%

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 United States Tax Rate

1.02%

Property Tax Rates Across Colorado

County10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
Adams0.42%0.50%0.57%0.69%0.88%
Alamosa0.23%0.35%0.41%0.45%0.55%
Arapahoe0.50%0.52%0.70%0.76%0.90%
Archuleta0.36%0.43%0.45%0.45%0.52%
Baca0.36%0.60%0.73%0.77%1.04%
Bent0.28%0.43%0.64%1.09%1.66%
Boulder0.39%0.46%0.50%0.53%0.57%
Broomfield0.41%0.47%0.55%0.66%0.74%
Chaffee0.29%0.33%0.36%0.37%0.40%
Cheyenne0.34%0.54%0.66%0.66%0.92%
Clear Creek0.44%0.51%0.54%0.55%0.64%
Conejos0.32%0.48%0.53%0.64%0.74%
Costilla0.33%0.40%0.60%0.65%2.09%
Crowley0.26%0.46%0.57%0.65%0.66%
Custer0.35%0.46%0.46%0.48%0.53%
Delta0.28%0.42%0.45%0.47%0.53%
Denver0.48%0.53%0.55%0.55%0.69%
Dolores0.34%0.42%0.48%0.60%0.69%
Douglas0.50%0.60%0.64%0.76%0.97%
Eagle0.36%0.40%0.44%0.52%0.64%
Elbert0.42%0.49%0.56%0.62%0.99%
El Paso0.34%0.39%0.42%0.49%0.74%
Fremont0.32%0.40%0.55%0.60%0.60%
Garfield0.38%0.46%0.50%0.56%0.61%
Gilpin0.21%0.21%0.41%0.51%0.51%
Grand0.41%0.42%0.46%0.47%0.79%
Gunnison0.41%0.42%0.46%0.61%0.61%
Hinsdale0.29%0.29%0.29%0.34%0.42%
Huerfano0.30%0.54%0.60%0.61%0.63%
Jackson0.33%0.33%0.33%0.40%0.70%
Jefferson0.52%0.60%0.66%0.69%0.76%
Kiowa0.49%0.63%0.98%0.98%0.98%
Kit Carson0.52%0.57%0.57%0.74%0.85%
Lake0.62%0.62%0.63%0.77%0.77%
La Plata0.20%0.22%0.25%0.32%0.42%
Larimer0.50%0.55%0.66%0.67%0.76%
Las Animas0.18%0.21%0.33%0.36%0.41%
Lincoln0.41%0.49%0.60%0.72%0.85%
Logan0.51%0.54%0.57%0.58%0.73%
Mesa0.30%0.49%0.50%0.54%0.58%
Mineral0.44%0.48%0.48%0.48%0.58%
Moffat0.31%0.44%0.59%0.59%0.59%
Montezuma0.24%0.37%0.39%0.47%0.55%
Montrose0.47%0.48%0.49%0.49%0.51%
Morgan0.39%0.51%0.57%0.72%0.75%
Otero0.30%0.45%0.47%0.59%0.69%
Ouray0.36%0.38%0.40%0.42%0.46%
Park0.37%0.41%0.44%0.45%0.50%
Phillips0.61%0.71%0.71%0.74%0.74%
Pitkin0.22%0.25%0.26%0.35%0.65%
Prowers0.31%0.49%0.49%0.53%0.82%
Pueblo0.39%0.68%0.69%0.70%0.72%
Rio Blanco0.27%0.31%0.43%0.51%0.51%
Rio Grande0.28%0.44%0.45%0.55%0.55%
Routt0.38%0.38%0.38%0.48%0.68%
Saguache0.43%0.56%0.66%0.91%3.44%
San Juan0.24%0.30%0.32%0.32%0.40%
San Miguel0.16%0.21%0.31%0.37%0.37%
Summit0.37%0.40%0.40%0.41%0.50%
Teller0.25%0.30%0.39%0.55%0.56%
Weld0.30%0.43%0.49%0.62%0.80%
Yuma0.36%0.52%0.67%0.71%0.94%
SedgwickN/AN/AN/AN/AN/A
WashingtonN/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Assessment Values Across Colorado

Understanding the distinction between "market value" and "assessed value" is crucial when examining property taxes in Colorado. The market value is what a willing buyer would pay to a willing seller in an open and competitive market. Location, property condition, and economic market trends often influence it. Each Colorado 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 Colorado, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the end 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 Colorado. For example, Pitkin County has the highest median home price at $1,237,200.

Property Tax Assessment Values Across Colorado

Source: Ownwell

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$33,984

$635,592

$1,237,200

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Colorado

County10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
Adams$281,000$406,000$489,000$593,000$728,000
Alamosa$8,066$87,783$189,361$277,647$376,743
Arapahoe$222,600$314,600$387,300$492,500$660,000
Archuleta$18,348$151,330$301,050$445,440$613,118
Baca$10,497$19,161$38,447$74,700$127,803
Bent$4,305$10,970$33,984$114,212$234,998
Boulder$342,796$489,700$722,900$1,066,800$1,556,400
Broomfield$423,440$525,350$637,620$841,140$1,054,954
Chaffee$76,379$312,614$418,760$554,245$729,547
Cheyenne$5,777$17,344$55,241$119,384$202,961
Clear Creek$113,142$243,000$360,990$514,010$669,674
Conejos$6,089$30,959$89,150$166,192$268,298
Costilla$3,052$29,166$81,990$142,040$218,604
Crowley$13,719$38,337$64,606$104,646$142,652
Custer$55,838$117,285$218,072$339,842$486,258
Delta$15,710$118,455$200,311$288,748$390,348
Denver$248,300$333,400$435,200$612,000$875,000
Dolores$9,274$41,286$95,040$187,586$316,414
Douglas$309,062$407,723$496,355$613,244$794,053
Eagle$240,795$418,758$678,345$1,244,678$2,439,200
Elbert$166,596$338,284$469,640$585,942$721,166
El Paso$172,790$254,338$319,355$416,409$550,026
Fremont$11,592$116,442$205,831$287,599$394,982
Garfield$66,990$226,608$363,015$543,790$813,000
Gilpin$72,305$212,475$340,645$463,535$581,246
Grand$90,860$246,882$403,230$648,475$942,563
Gunnison$115,824$237,810$413,850$716,200$1,264,600
Hinsdale$15,136$38,352$71,470$120,768$193,338
Huerfano$18,750$46,431$83,356$148,516$237,883
Jackson$6,378$33,865$122,642$214,686$363,172
Jefferson$251,925$358,373$436,276$548,129$712,411
Kiowa$8,512$18,863$47,865$83,896$133,842
Kit Carson$8,800$59,467$118,410$179,256$280,115
Lake$22,857$137,436$254,269$364,543$479,012
La Plata$110,832$291,365$472,120$688,670$974,940
Larimer$256,500$326,800$394,000$497,750$647,000
Las Animas$32,829$63,681$103,330$161,128$240,866
Lincoln$9,707$49,027$108,229$184,665$267,764
Logan$28,987$83,970$146,235$223,460$319,509
Mesa$60,442$174,900$241,920$322,455$438,518
Mineral$35,621$95,939$196,925$293,986$429,135
Moffat$12,270$66,335$139,471$206,374$277,150
Montezuma$68,060$124,096$183,673$261,287$355,817
Montrose$168,080$290,350$398,340$557,540$763,352
Morgan$28,012$134,292$211,955$299,220$408,578
Otero$14,993$31,624$57,973$99,986$156,860
Ouray$257,100$476,810$723,215$1,039,708$1,438,660
Park$168,588$246,556$344,823$444,545$567,588
Phillips$37,823$88,454$138,922$208,637$281,322
Pitkin$231,610$486,475$1,237,200$3,732,850$7,955,590
Prowers$2,783$12,176$51,952$113,868$173,209
Pueblo$70,541$122,042$185,177$262,783$342,525
Rio Blanco$19,090$96,320$159,630$236,735$340,740
Rio Grande$23,500$77,552$142,738$241,894$381,049
Routt$173,664$300,152$507,780$851,182$1,439,411
Saguache$1,900$10,068$49,043$128,672$240,492
San Juan$26,374$125,069$239,932$388,384$543,886
San Miguel$194,611$340,462$778,036$1,991,086$4,531,598
Summit$296,600$427,800$629,250$938,200$1,443,460
Teller$106,541$217,490$324,386$426,836$538,124
Weld$274,457$363,153$452,949$559,954$696,866
Yuma$9,750$38,965$112,640$204,338$311,225
SedgwickN/AN/AN/AN/AN/A
WashingtonN/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Bills Across Colorado

In Colorado, property tax bills are determined by multiplying the assessed value of a home with the local tax rate. The assessed value is a percentage of the property's market value. Homeowners in Colorado experience varying tax bills, influenced by factors such as location and property value. For instance, Pitkin County has the highest median tax bill at $4,527, while Bent County has the lowest at $221. The median tax bill in Colorado is often lower than the national median of $2,400. Ownwell assists homeowners by identifying potential savings through appeals and exemptions, helping them reduce their property tax obligations and keep more money in their pockets.

Property Tax Bills Across Colorado

Source: Ownwell

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$221

$2,374

$4,527

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Colorado

County10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
Adams$1,265$2,113$2,770$3,644$5,409
Alamosa$42$297$694$1,052$1,507
Arapahoe$1,341$1,819$2,536$3,834$5,171
Archuleta$436$878$1,424$2,009$2,802
Baca$76$135$265$532$877
Bent$28$80$221$778$2,699
Boulder$1,605$2,383$3,545$5,237$7,627
Broomfield$2,144$2,685$3,517$5,396$6,840
Chaffee$555$1,135$1,497$1,998$2,652
Cheyenne$60$182$407$783$1,404
Clear Creek$626$1,261$1,938$2,719$3,604
Conejos$118$262$545$988$1,677
Costilla$42$169$381$716$1,183
Crowley$42$202$347$557$816
Custer$252$514$996$1,615$2,374
Delta$361$599$931$1,337$1,843
Denver$1,293$1,806$2,449$3,582$5,440
Dolores$162$310$568$1,047$1,752
Douglas$1,984$2,595$3,328$4,445$5,944
Eagle$1,046$1,888$3,388$5,951$11,338
Elbert$970$1,777$2,641$3,579$5,019
El Paso$710$1,012$1,379$2,236$3,217
Fremont$56$473$1,012$1,500$2,065
Garfield$481$1,125$1,819$2,931$4,681
Gilpin$239$595$1,047$1,696$2,375
Grand$511$1,167$1,913$3,206$5,193
Gunnison$604$1,080$1,892$3,781$7,216
Hinsdale$98$173$257$446$1,083
Huerfano$106$247$439$838$1,411
Jackson$165$314$560$959$2,288
Jefferson$1,580$2,151$2,797$3,672$5,207
Kiowa$96$211$440$719$1,244
Kit Carson$47$372$754$1,191$1,935
Lake$178$856$1,697$2,453$3,177
La Plata$460$857$1,300$1,874$2,658
Larimer$1,444$1,907$2,461$3,260$4,617
Las Animas$94$172$300$489$751
Lincoln$53$308$650$1,133$1,700
Logan$169$485$847$1,298$1,936
Mesa$317$812$1,213$1,625$2,179
Mineral$302$564$997$1,483$2,133
Moffat$270$475$783$1,163$1,459
Montezuma$246$433$702$1,089$1,564
Montrose$835$1,418$1,943$2,721$3,755
Morgan$170$718$1,191$1,759$2,479
Otero$70$146$266$484$887
Ouray$1,070$1,892$2,936$4,336$5,893
Park$672$1,047$1,504$1,948$2,460
Phillips$262$629$987$1,480$1,939
Pitkin$627$1,910$4,527$11,565$23,964
Prowers$15$64$253$547$901
Pueblo$427$716$1,150$1,722$2,301
Rio Blanco$105$374$651$945$1,359
Rio Grande$111$331$659$1,173$2,033
Routt$819$1,407$2,259$3,702$6,272
Saguache$26$86$305$858$1,975
San Juan$323$612$871$1,308$1,647
San Miguel$541$1,054$2,268$5,464$11,279
Summit$1,238$1,820$2,627$3,799$6,069
Teller$305$729$1,276$1,909$2,568
Weld$955$1,501$2,133$3,257$4,680
Yuma$92$355$763$1,358$2,240
SedgwickN/AN/AN/AN/AN/A
WashingtonN/AN/AN/AN/AN/A

Source: Ownwell

Want to lower your Colorado property taxes?

Looking to reduce your Colorado property taxes? Ownwell, is the leading property tax appeal company in Colorado. Ownwell specializes in helping Colorado property owners lower their taxes and works with county tax assessors all across the state every year. Through our tax monitoring service, we will collect everything from you to maximize your tax reductions. We navigate the complexities of Colorado property tax appeals and all available Colorado property tax exemptions, so you don’t have to. Whether you're a homeowner, a real estate investor, or an asset manager employee, our local Colorado team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities to reduce property taxes. By handling the appeal process from start to finish, we not only simplify the procedure but also enhance your chances of securing a favorable outcome. Let Ownwell be your partner in lowering your Colorado property tax expenses through our proven strategies and professional advocacy.

Property Tax Appeals in Colorado

In Colorado, homeowners have the opportunity to appeal their property tax assessments if they believe the assessed value does not accurately reflect their property's market value. The appeal process begins with a written protest to the county assessor, typically filed within 30 days after receiving the Notice of Valuation. Homeowners should provide evidence, such as recent sales of comparable properties or an independent appraisal, to support their claim that the assessed value is too high.

Once the protest is submitted, the county assessor reviews the evidence and makes a determination. If the homeowner disagrees with the assessor's decision, they can escalate the appeal to the County Board of Equalization. This board listens to the appeals and reviews the evidence presented by both the homeowner and the assessor's office. The board then makes a decision, which can result in a reduction, increase, or confirmation of the original assessed value.

Homeowners who are still dissatisfied with the board's decision have the option to further appeal to the State Board of Assessment Appeals or pursue arbitration or district court. Each step in the process offers an opportunity to present additional evidence and arguments.

Ownwell can assist homeowners throughout the property tax appeal process by providing expert analysis and representation. Our team of experienced consultants helps gather and present compelling evidence to support a reduction in assessed value. By leveraging our knowledge of local market trends and property tax regulations, we aim to secure the best possible outcome for our clients. With Ownwell's support, homeowners can navigate the complexities of the appeal process with confidence and potentially achieve significant tax savings.

Exemptions in Colorado

Colorado offers several property tax exemption programs designed to provide relief to homeowners. One of the key exemptions is the Senior Property Tax Exemption, available to homeowners aged 65 and older who have lived in their primary residence for at least ten consecutive years. This exemption reduces the actual value of the home by 50% of the first $200,000, lowering the taxable value and, consequently, the property tax bill.

Disabled veterans in Colorado can benefit from the Disabled Veteran Exemption, which offers a similar reduction for those who have a 100% permanent disability connected to their military service. This exemption is also applicable to the primary residence, making it a significant relief for eligible veterans.

Another program is the Property Tax Deferral Program, allowing seniors and active military personnel to defer property tax payments until the property is sold or ownership changes. This program doesn't eliminate taxes but provides temporary relief by postponing payment.

Homeowners can apply for these programs through their county assessor’s office, ensuring they meet the specific eligibility criteria. Ownwell can assist homeowners by identifying the appropriate exemptions and guiding them through the application process, ensuring they maximize their potential savings and reduce their property tax burden effectively.

Available Exemptions

  • Senior

  • Disabled

  • Veteran

  • Non-Profit