Grant, Park County, Colorado Property Taxes
Median Grant, CO effective property tax rate: 0.44%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Grant, CO home value: $438,257
Median annual Grant, CO tax bill: $1,824, $576 lower than the national median property tax bill of $2,400.
How are property taxes in Park County calculated?
Property taxes in Grant, 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 Grant’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grant, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grant, Park County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.36%
Estimate Property Tax Bill
$2,390
$2,218
Property Tax Rates Across Grant, Park County, Colorado
Local government entities set tax rates, which can vary widely within a state. This happens 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. 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 Grant’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S. Grant, located in Park County, has a median property tax rate of 0.44%, which is significantly lower than the national median of 1.02%. This makes it a favorable location for property owners seeking lower tax liabilities. Understanding these rates is crucial for property owners looking to optimize their tax expenses. By choosing a city like Grant, property owners can enjoy the benefits of a lower tax rate, potentially saving thousands compared to the national average.
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 Grant Tax Rate
0.36%
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 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 Grant, Park County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80448 | 0.30% | 0.33% | 0.36% | 0.37% | 0.38% |
Source: Ownwell
Property Tax Assessment Values Across Grant, Park County, Colorado
When examining property taxes in Grant, 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 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 Grant.
For example, the median home price in Grant is $438,257, with tax bills ranging significantly across the county. Zip code 80448 has the highest median home price at $438,257.
Property Tax Assessment Values Across Grant, Park County, Colorado
Source: Ownwell
$367,702
$593,499
$819,296
Median Grant Market Value
$663,987
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 Grant, Park County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80448 | $275,058 | $408,254 | $663,987 | $905,858 | $1,196,307 |
Source: Ownwell
Property Tax Bills Across Grant, Park County, Colorado
Median Grant Tax Bill
$2,339
Median Park County Tax Bill
$1,860
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Grant, Park County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80448 | $781 | $1,384 | $2,339 | $3,389 | $4,168 |
Source: Ownwell