Phillips County, Colorado Property Taxes
Property Taxes in Phillips County, Colorado
Median Phillips County effective property tax rate: 0.68%, significantly lower than the national median of 1.02%.
Median Phillips County home value: $139,574
Median annual Phillips County tax bill: $824, $1,576 lower than the national median property tax bill of $2,400.
How are property taxes in Phillips County calculated?
Property taxes in Phillips County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Phillips County or another part of Phillips County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Phillips County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$949
$881
How Does the Phillips County Property Tax Calculator Work?
Use this Phillips County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Phillips County's median effective tax rate of 0.68% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Phillips County's median tax rate is lower than Colorado's 0.50% state median tax rate, and the county's $824 median property tax bill is also lower than the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Phillips County.
Property Tax Rates Across Phillips County, Colorado
What Are Effective Property Tax Rates Across Phillips County?
Local government entities set tax rates, which vary widely across Phillips County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Phillips County's effective property tax rate to other counties in Colorado or the U.S. median of 1.02%.
Phillips County's median effective rate stands at 0.68%, which is lower than the national median of 1.02%. Within Phillips County, the highest rate is found in Haxtun at 0.70%, while Amherst has the lowest at 0.57%.
These variations reflect differences in local school district levies, metro districts assessments, and special district bonds — which compound the base county rate.
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 Phillips County Tax Rate
0.68%
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 Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Assessment Values Across Phillips County, Colorado
When examining property taxes in Phillips County, 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 Phillips 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 Phillips 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 Phillips County.
For example, the median tax bill in Phillips County is $824, which is well below the national median property tax bill of $2400. Tax bills range significantly across the county, and Haxtun has the highest median home price at $142700.
Property Tax Assessment Values Across Phillips County, Colorado
Source: Ownwell
$85,381
$114,041
$142,700
Median Phillips County Market Value
$139,574
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Bills Across Phillips County, Colorado
Property tax bills in Phillips County are based on the assessed value of a home and the local tax rate applied to that value. When a property’s market value changes, the assessed value can change too, which affects the final bill homeowners receive. Local taxing authorities use this calculation to fund public services, so even homes with similar market values can face different tax bills depending on where they are located.
In Phillips County, the median home price is $139,574, and tax bills vary widely across the county. The 25th percentile tax bill is $413, while the 75th percentile is $1,422 and the 90th percentile is $2,017. That range shows how property taxes can have a meaningful impact on household budgets, especially when a home is assessed above what similar properties are worth. Homeowners in higher-tax areas may see a larger share of their annual housing costs tied to property taxes.
Median Phillips County Tax Bill
$824
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| Phillips Tax Assessor | |
| Website | phillipscounty.colorado.gov |