Alma, Park County, Colorado Property Taxes
Property Taxes in Alma, Colorado
Median Alma, Colorado effective property tax rate: 0.38%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Alma, Colorado home value: $691,921
Median annual Alma, Colorado tax bill: $2,687, $287 higher than the national median property tax bill of $2,400.
How are property taxes in Park calculated?
Property taxes in Alma, 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 Alma's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Alma, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Alma, Park County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.38%
Estimate Property Tax Bill
$2,629
$2,440
How Does the Alma Property Tax Calculator Work?
Use this Alma property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Alma's median effective tax rate of 0.38% — based on actual property records in Park County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Alma'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 Alma: rates are 0.38% in 80420, with no ZIP-level variation in the data provided.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Alma.
About Alma Property Taxes
About Property Taxes in Alma, Park, Colorado
Alma's median effective property tax rate of 0.38% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Park 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 Alma. Homeowners in the 80420 ZIP code carry a median effective rate of 0.38%, while those in the lowest ZIP pay 0.38%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Park County. Understanding which part of Alma you live in can make a meaningful difference to your annual tax bill.
Alma homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 8, 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 Alma, Park 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 Alma'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 Ă· 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 Alma Tax Rate
0.38%
Our median effective property tax rate (tax bill Ă· 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 Park County Tax Rate
0.35%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Alma, Park County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80420 | 0.34% | 0.37% | 0.38% | 0.39% | 0.44% |
Source: Ownwell
Property Tax Assessment Values Across Alma, Park County, Colorado
When examining property taxes in Alma, 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 Park 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 Park 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 Alma.
For example, the median home price in Alma is $691,921, with tax bills ranging significantly across the county. 80420 has the highest median home price at $691,921.
Property Tax Assessment Values Across Alma, Park County, Colorado
Source: Ownwell
$367,702
$593,499
$819,296
Median Alma Market Value
$691,921
Median Park County Market Value
$536,611
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Alma, Park County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80420 | $316,546 | $506,369 | $691,921 | $883,830 | $1,100,174 |
Source: Ownwell
Property Tax Bills Across Alma, Park County, Colorado
How are property tax bills calculated in Alma?
Property tax bills in Alma are based on the assessed value of a home, which is then multiplied by the local tax rate. Local governments use the home’s market value, applicable exemptions, and taxing district rates to determine the final bill. For homeowners, this means a higher assessed value usually leads to a higher property tax bill, while exemptions can help reduce what is owed.
What do homeowners in Alma typically pay?
The median home price is $691,921, and the median property tax bill is $2,687. That bill is above the national median property tax bill of $2,400 and reflects how local assessments and rates affect costs. Bills can vary widely, with the 25th percentile at $1,904 and the 75th percentile at $3,496, showing that similar homes may still face different tax burdens depending on location and assessment details.
Median Alma Tax Bill
$2,687
Median Park County Tax Bill
$1,860
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Alma, Park County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80420 | $1,153 | $1,904 | $2,687 | $3,496 | $4,257 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| Park Tax Assessor | |
| Website | beacon.schneidercorp.com |