Idaho Springs, Clear Creek County, Colorado Property Taxes
Median Idaho Springs, CO effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Idaho Springs, CO home value: $302,960
Median annual Idaho Springs, CO tax bill: $1,593, $807 lower than the national median property tax bill of $2,400.
How are property taxes in Clear Creek calculated?
Property taxes in Idaho Springs, 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 Idaho Springs’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Idaho Springs, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Idaho Springs, Clear Creek County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.52%
Estimate Property Tax Bill
$1,575
$1,462
Property Tax Rates Across Idaho Springs, Clear Creek County, Colorado
Local government entities determine tax rates, which can significantly differ within a state. This variation occurs because each county annually estimates its budget requirements to provide essential services and then divides this figure by the total value of all taxable property in its jurisdiction. This calculation establishes the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
Below, you can compare Idaho Springs’ effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S. While the national median property tax rate is 1.02%, Idaho Springs, located in Clear Creek County, has a notably lower median property tax rate of 0.52%. This difference highlights Idaho Springs as a favorable location for property owners seeking lower tax obligations. By choosing Idaho Springs, property owners can benefit from reduced tax burdens while still enjoying the services provided by the local government.
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 Idaho Springs 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 Clear Creek County Tax Rate
0.54%
Median Effective Colorado Tax Rate
0.55%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Idaho Springs, Clear Creek County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80452 | 0.40% | 0.51% | 0.52% | 0.52% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Idaho Springs, Clear Creek County, Colorado
When examining property taxes in Idaho Springs, CO, 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 Clear Creek 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 Clear Creek 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 Idaho Springs. For example, the median home price in Idaho Springs is $302,960, with tax bills ranging significantly across the county. 80452 has the highest median home price at $302,960.
Property Tax Assessment Values Across Idaho Springs, Clear Creek County, Colorado
Source: Ownwell
$222,300
$380,300
$538,300
Median Idaho Springs Market Value
$302,960
Median Clear Creek County Market Value
$360,990
Median Colorado Market Value
$405,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Idaho Springs, Clear Creek County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80452 | $84,263 | $219,605 | $302,960 | $398,380 | $512,234 |
Source: Ownwell
Property Tax Bills Across Idaho Springs, Clear Creek County, Colorado
Property Tax Bills Across Idaho Springs, Clear Creek County, Colorado
Source: Ownwell
$1,107
$1,981
$2,854
Median Idaho Springs Tax Bill
$1,593
Median Clear Creek County Tax Bill
$1,938
Median Colorado Tax Bill
$2,283
Median United States Tax Bill
$2,400
Property Tax Bills Across Idaho Springs, Clear Creek County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80452 | $458 | $1,086 | $1,593 | $2,142 | $2,717 |
Source: Ownwell