Como, Park County, Colorado Property Taxes

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

Median COMO, CO effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median COMO, CO home value: $273,316
Median annual COMO, CO tax bill: $1,273, $1,127 lower than the national median property tax bill of $2,400.

How are property taxes in Park County calculated?

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

Last Updated March 1, 2025

Como, Park County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.45%

Estimate Property Tax Bill

$1,230

$1,141

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

Property Tax Rates Across Como, Park County, Colorado

Local government entities are responsible for setting tax rates, leading to significant variations within a state. This is because each county annually calculates its required budget to provide essential services and divides that by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While there are votes and laws that influence tax rates and budgets, this is the core of the annual process.

In COMO, located in Park County, the effective property tax rate can be compared to other cities in Colorado, as well as to the median property tax rates in the state and the U.S. With a median property tax rate of 0.45%, COMO’s rate is notably lower than the national median of 1.02%. This positions COMO as an attractive option for property owners looking for lower tax burdens compared to the national average. Understanding these rates is crucial for property owners who wish to optimize their tax liabilities and make informed decisions regarding their real estate investments.

Property Tax Rates Across Como, Park County, Colorado

Source: Ownwell

0.37%

0.43%

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 Como Tax Rate

0.45%

Median Effective Park County Tax Rate

0.44%

Median Effective Colorado Tax Rate

0.55%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Como, Park County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
80432	0.45%	0.45%	0.45%	0.50%	0.50%
80456	0.45%	0.45%	0.50%	0.50%	0.50%

Source: Ownwell

Property Tax Assessment Values Across Como, Park County, Colorado

When examining property taxes in COMO, 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 Park 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 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 COMO.

For example, the median home price in COMO is $273,316, with tax bills ranging significantly across the county. Zip code 80432 has the highest median home price at $274,569.

Property Tax Assessment Values Across Como, Park County, Colorado

Source: Ownwell

$231,594

$399,368

$567,142

Median Como Market Value

$273,316

Median Park County Market Value

$344,823

Median Colorado Market Value

$405,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Como, Park County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
80432	$114,767	$195,338	$274,569	$342,003	$394,693
80456	$40,222	$95,949	$231,594	$321,096	$357,392

Source: Ownwell

Property Tax Bills Across Como, Park County, Colorado

In Como, located in Park County, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property improvements or changes in market conditions can influence the assessed value, affecting the tax bill. The median home price in Como is $273,316, with property tax bills ranging from $883 at the 25th percentile to $1,899 at the 90th percentile. The median property tax bill in the area is $1,275, which is slightly above the national median of $2,400, but the tax rate is still below the national median of 1.02%. Homeowners may find these taxes burdensome, especially if their property value increases significantly. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions, ensuring they pay only their fair share. By leveraging local tax laws and market data, Ownwell helps reduce the financial strain of property taxes on homeowners.

Property Tax Bills Across Como, Park County, Colorado

Source: Ownwell

$847

$1,593

$2,339

Median Como Tax Bill

$1,273

Median Park County Tax Bill

$1,504

Median Colorado Tax Bill

$2,283

Median United States Tax Bill

$2,400

Property Tax Bills Across Como, Park County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
80432	$516	$892	$1,275	$1,626	$1,905
80456	$225	$480	$1,100	$1,530	$1,788

Source: Ownwell