Property Taxes in Sheridan, Colorado
Median Sheridan, Colorado effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, and equal to the Colorado state median of 0.50%.
Median Sheridan, Colorado home value: $367,400
Median annual Sheridan, Colorado tax bill: $1,888, $512 lower than the national median property tax bill of $2,400.
How are property taxes in Arapahoe calculated?
Property taxes in Sheridan, 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 Sheridan's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sheridan, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Sheridan Property Tax Calculator Work?
Use this Sheridan property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Sheridan's median effective tax rate of 0.50% — 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 Sheridan'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 Sheridan: rates range from 0.50% in 80110 to 0.50% in 80110, primarily due to differences in school district levies and local assessment districts.
If your estimate is higher than expected, Ownwell can appeal your Sheridan assessment — you only pay if we save you money.
About Sheridan Property Taxes
About Property Taxes in Sheridan, Arapahoe, Colorado
Sheridan’s median effective property tax rate of 0.50% is lower 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 Sheridan. Homeowners in the 80110 ZIP code carry a median effective rate of 0.50%, while those in the same ZIP code also pay 0.50%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Arapahoe County. Understanding which part of Sheridan you live in can make a meaningful difference to your annual tax bill.
Sheridan homeowners who believe their assessed value is too high can file a formal appeal with the 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 Sheridan, 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 Sheridan's effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.
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 Sheridan Tax Rate
0.50%
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 Sheridan, Arapahoe County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80110 | 0.38% | 0.47% | 0.50% | 0.54% | 0.57% |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Sheridan, Arapahoe County, Colorado
When examining property taxes in Sheridan, 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 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 Arapahoe 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 Sheridan.
For example, the median home price in Sheridan is $367,400, with tax bills ranging significantly across the county. 80110 has the highest median home price at $367,400.
Property Tax Assessment Values Across Sheridan, Arapahoe County, Colorado
Source: Ownwell
$143,800
$1,733,750
$3,323,700
Median Sheridan Market Value
$367,400
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 Sheridan, Arapahoe County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80110 | $336,500 | $347,000 | $367,400 | $439,400 | $602,140 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Sheridan, Arapahoe County, Colorado
Property tax bills in Sheridan are based on the assessed value of a home and the local tax rate set by taxing authorities. For a home with a median market value of $367,400, the bill can vary depending on how that value is assessed and which local services are funded through property taxes. Homeowners in Sheridan often see bills that reflect both the home’s value and the county’s tax structure, which means similar homes can still have different tax bills.
The 25th percentile tax bill is $1,737, the 75th percentile is $2,290, and the 90th percentile is $2,536. The median tax bill in zip code 80110 is $1,888, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
Ownwell helps homeowners save by reviewing their property tax assessments and identifying opportunities to appeal overassessments or claim eligible exemptions. A lower assessed value can mean a lower property tax bill, helping homeowners keep more of their money.
Median Sheridan Tax Bill
$1,888
Median Arapahoe County Tax Bill
$2,971
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$3,209
Property Tax Bills Across Sheridan, Arapahoe County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80110 | $1,626 | $1,737 | $1,888 | $2,290 | $2,536 |
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 |