Home
/US Property Taxes
/Colorado
/Arapahoe County
/Sheridan

Sheridan, Arapahoe County, Colorado Property Taxes

  • Median Sheridan, CO effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, but higher than the Colorado state median of 0.55%.

  • Median Sheridan, CO home value: $294,050

  • Median annual Sheridan, CO tax bill: $1,882, $518 lower than the national median property tax bill of $2,400.

How are property taxes in Arapahoe calculated?

Property taxes in Sheridan, 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 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 March 1, 2025

Sheridan, Arapahoe County, Colorado Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.64%

Estimate Property Tax Bill

$1,882

$1,746

SAVE WITH OWNWELL

$1,102

Average Tax Savings

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

Property Tax Rates Across Sheridan, Arapahoe County, Colorado

Local government entities determine tax rates, which can vary significantly within a state. This variation is because each county annually estimates its required budget for services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Sheridan, located in Arapahoe County, the effective property tax rate stands at 0.64%. This rate is notably lower than the national median property tax rate of 1.02%, offering homeowners in Sheridan a more favorable tax environment compared to many areas across the country. When compared to the rest of Colorado, Sheridan's rate is consistent with the state's median, which also stands at 0.64%. This uniformity within the state highlights a stable tax environment for property owners in Sheridan. Understanding these rates can help homeowners make informed decisions about property investments and financial planning.

Property Tax Rates Across Sheridan, Arapahoe County, Colorado

Source: Ownwell

Loading...

0.44%

0.75%

1.07%

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

0.64%

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

0.70%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sheridan, Arapahoe County, Colorado

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
801100.46%0.64%0.64%0.65%0.67%

Source: Ownwell

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'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 Arapahoe County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 $294,050, with tax bills ranging significantly across the county. Zip code 80110 has the highest median home price at $294,050.

Property Tax Assessment Values Across Sheridan, Arapahoe County, Colorado

Source: Ownwell

Loading...

$73,750

$1,300,035

$2,526,320

Median Sheridan Market Value

$294,050

Median Arapahoe County Market Value

$387,300

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sheridan, Arapahoe County, Colorado

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
80110$277,450$279,600$294,050$338,325$450,000

Source: Ownwell

Property Tax Bills Across Sheridan, Arapahoe County, Colorado

Property tax bills in Sheridan, located in Arapahoe County, CO, are calculated based on the assessed value of a property, which is a percentage of its market value. The tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners in Sheridan, the median tax bill is $1,882, which is below the national median of $2,400. The tax bills in Sheridan can range from the 25th percentile at $1,789 to the 90th percentile at $2,236, depending on various factors such as property location and market conditions. These taxes can significantly impact homeowners' finances, especially when property values increase. By leveraging their expertise, Ownwell can assist homeowners in appealing their property assessments and identifying potential exemptions, potentially reducing their tax bills. This service can be particularly beneficial for those who find themselves paying on the higher end of the spectrum, ensuring they are not overpaying and are only paying their fair share.

Property Tax Bills Across Sheridan, Arapahoe County, Colorado

Source: Ownwell

Loading...

$457

$8,515

$16,572

Median Sheridan Tax Bill

$1,882

Median Arapahoe County Tax Bill

$2,536

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Sheridan, Arapahoe County, Colorado

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
80110$1,768$1,789$1,882$2,058$2,236

Source: Ownwell

Don't miss the deadline to appeal!