Silverthorne, Grand County, Colorado Property Taxes

Name: Property Tax Bills Across Silverthorne, Grand County, Colorado
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Silverthorne, CO effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Silverthorne, CO home value: $430,150
Median annual Silverthorne, CO tax bill: $2,168, $232 lower than the national median property tax bill of $2,400.

How are property taxes in Grand County calculated?

Property taxes in Silverthorne, 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 Silverthorne’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Silverthorne, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Silverthorne, Grand County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.48%

Estimate Property Tax Bill

$3,165

$2,937

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

Property Tax Rates Across Silverthorne, Grand County, Colorado

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Silverthorne in Summit County, Colorado, offers a unique perspective on property tax rates. With a median property tax rate of 0.54%, it stands significantly below the national median rate of 1.02%. This lower rate can translate into notable savings for property owners in Silverthorne compared to those in other parts of the country. In contrast to the national median property tax bill of $2,400, residents in Silverthorne enjoy a more favorable tax environment.

This advantageous tax rate not only makes Silverthorne an attractive place for property investment but also underscores the importance of understanding local property tax dynamics. As property values and tax requirements fluctuate, staying informed about these rates can be crucial for homeowners and investors alike.

Property Tax Rates Across Silverthorne, Grand County, Colorado

Source: Ownwell

0.36%

0.42%

0.48%

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 Silverthorne Tax Rate

0.48%

Median Effective Grand County Tax Rate

0.41%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Silverthorne, Grand County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80498	0.41%	0.41%	0.48%	0.48%	0.48%

Source: Ownwell

Property Tax Assessment Values Across Silverthorne, Grand County, Colorado

When examining property taxes in Silverthorne, 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 Grand 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. In Grand 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 Silverthorne. For example, the median home price in Silverthorne is $430,150, with tax bills ranging significantly across the county. 80498 has the highest median home price at $430,150.

Property Tax Assessment Values Across Silverthorne, Grand County, Colorado

Source: Ownwell

$383,450

$671,725

$960,000

Median Silverthorne Market Value

$659,340

Median Grand County Market Value

$646,810

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Silverthorne, Grand County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80498	$442,110	$530,600	$659,340	$798,450	$1,006,950

Source: Ownwell

Property Tax Bills Across Silverthorne, Grand County, Colorado

In Silverthorne, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Silverthorne is $430,150, and the median property tax bill is $2,168, aligning closely with the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,750 and the 90th percentile reaching up to $3,386. Factors influencing these variations include property location, size, and any applicable exemptions. High property taxes can pose a financial burden on homeowners, impacting affordability and long-term financial planning. Ownwell offers a solution by providing expert property tax appeal and exemption services, potentially lowering your tax bill. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure homeowners pay only their fair share. This service can lead to significant savings, allowing homeowners to allocate resources more effectively and improve their financial well-being.

Property Tax Bills Across Silverthorne, Grand County, Colorado

Source: Ownwell

$1,572

$2,833

$4,094

Median Silverthorne Tax Bill

$2,913

Median Grand County Tax Bill

$2,705

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Silverthorne, Grand County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80498	$1,950	$2,364	$2,913	$3,654	$4,416

Source: Ownwell