Property Taxes in Greenwood Village, Colorado
Median Greenwood Village, Colorado effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Greenwood Village, Colorado home value: $1,298,200
Median annual Greenwood Village, Colorado tax bill: $7,330, $4,930 higher than the national median property tax bill of $2,400.
How are property taxes in Arapahoe calculated?
Property taxes in Greenwood Village, 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 Greenwood Village's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Greenwood Village, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Greenwood Village Property Tax Calculator Work?
Use this Greenwood Village property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Greenwood Village's median effective tax rate of 0.52% — based on actual property records in Arapahoe County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Greenwood Village's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Greenwood Village: rates range from 0.50% in 80111 to 0.58% in 80121, primarily due to differences in school district levies and local assessment districts.
Greenwood Village's median property tax bill is $7,330, which is higher than the Colorado median and $4,930 above it. If your estimate is higher than expected, Ownwell can appeal your Greenwood Village assessment — you only pay if we save you money.
About Greenwood Village Property Taxes
About Property Taxes in Greenwood Village, Arapahoe, Colorado
Greenwood Village's median effective property tax rate of 0.52% is higher than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Arapahoe County base levy combined with local school district levies and metro districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Greenwood Village. Homeowners in the 80121 ZIP code carry a median effective rate of 0.61%, while those in 80111 pay 0.51%. This spread — 0.10 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Arapahoe County. Understanding which part of Greenwood Village you live in can make a meaningful difference to your annual tax bill.
Greenwood Village homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Greenwood Village, Arapahoe County, Colorado
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Greenwood Village's effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.
Property Tax Rates Across Greenwood Village, Arapahoe County, Colorado
Source: Ownwell
0.34%
0.56%
0.78%
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 Greenwood Village Tax Rate
0.52%
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 Arapahoe County Tax Rate
0.55%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Greenwood Village, Arapahoe County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80111 | 0.46% | 0.47% | 0.51% | 0.52% | 0.59% |
| 80121 | 0.50% | 0.52% | 0.61% | 0.62% | 0.63% |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Greenwood Village, Arapahoe County, Colorado
When examining property taxes in Greenwood Village, Colorado, 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 Arapahoe County appraisal district 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 Arapahoe County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Greenwood Village.
For example, the median home price in Greenwood Village is $1,298,200, with tax bills ranging significantly across the county. 80121 has the highest median home price at $2,322,800.
Property Tax Assessment Values Across Greenwood Village, Arapahoe County, Colorado
Source: Ownwell
$143,800
$1,733,750
$3,323,700
Median Greenwood Village Market Value
$1,298,200
Median Arapahoe County Market Value
$554,000
Median Colorado Market Value
$519,879
Median United States Market Value
$274,101
Property Tax Assessment Values Across Greenwood Village, Arapahoe County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80111 | $338,900 | $464,100 | $1,053,350 | $1,477,725 | $2,127,200 |
| 80121 | $1,479,200 | $1,809,450 | $2,322,800 | $2,958,800 | $3,819,600 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Greenwood Village, Arapahoe County, Colorado
Property tax bills in Greenwood Village are based on the assessed value of a home and the local tax rate set by taxing authorities in Arapahoe County. When a property’s market value rises, the assessed value can rise too, which can increase the tax bill. For a city with a median home price of $1,298,200, homeowners often face larger bills than the national median property tax bill of $2,400.
What determines the bill? The assessed value, exemptions, and local mill levies all play a role. In Greenwood Village, the 25th percentile tax bill is $4,472, the 75th percentile is $11,743, and the 90th percentile reaches $16,715. That means many homeowners pay well above the national median, making it important to review assessments carefully.
Ownwell helps homeowners save by identifying overassessments, finding missed exemptions, and filing property tax appeals on their behalf. If your bill is too high, Ownwell can help reduce what you owe and keep more money in your pocket.
Property Tax Bills Across Greenwood Village, Arapahoe County, Colorado
Source: Ownwell
$233
$9,785
$19,337
Median Greenwood Village Tax Bill
$7,330
Median Arapahoe County Tax Bill
$2,971
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$3,209
Property Tax Bills Across Greenwood Village, Arapahoe County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80111 | $1,815 | $3,155 | $5,832 | $8,183 | $11,365 |
| 80121 | $7,657 | $10,120 | $13,361 | $17,418 | $23,224 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| Arapahoe Tax Assessor | |
| Website | parcelsearch.arapahoegov.com |