Property tax in Colorado: 0.48%
The median Colorado homeowner pays $2,602 a year on a home worth $539,400, an effective rate of 0.48%. That ranks 47th of 51, between South Carolina (0.48%) and Arizona (0.48%). At the median state's 0.8% the same $539,400 home would owe $1,726 more a year.
In dollars, Colorado has the 6th-highest median home value and the 23rd-smallest median bill of the 51. By home value it sits between Massachusetts ($562,100, taxed at 1.07%) and Utah ($489,400, 0.52%).
| Rank | State | Effective rate | Median bill | Median home value |
|---|---|---|---|---|
| 45 | Idaho | 0.49% | $2,038 | $418,600 |
| 46 | South Carolina | 0.48% | $1,251 | $259,000 |
| 47 | Colorado | 0.48% | $2,602 | $539,400 |
| 48 | Arizona | 0.48% | $1,879 | $394,500 |
| 49 | Nevada | 0.47% | $2,027 | $435,400 |
Colorado property tax by home price
At county rates the median-value home would owe $2,212 a year in El Paso County and $3,236 in Adams County, against $2,602 at the statewide figure.
| Home value | Per year | Per month | vs. median state (0.8%) |
|---|---|---|---|
| $270,000 (half the median) | $1,296 | $108 | −$864 |
| $539,400 (median) | $2,589 | $216 | −$1,726 |
| $810,000 (1.5× the median) | $3,888 | $324 | −$2,592 |
| $1,080,000 (twice the median) | $5,184 | $432 | −$3,456 |
Property tax by county in Colorado
Across the 5 largest Colorado counties, measured effective rates run from 0.41% in El Paso County to 0.6% in Adams County; 2 of them sit above the statewide 0.48%.
| County | Main cities | Population | Effective rate | Median home value | Median tax |
|---|---|---|---|---|---|
| El Paso County | Colorado Springs | 736,008 | 0.41% | $431,000 | $1,773 |
| Denver County | Denver | 713,734 | 0.44% | $586,700 | $2,596 |
| Arapahoe County | Aurora, Centennial | 655,709 | 0.53% | $526,000 | $2,767 |
| Jefferson County | Lakewood, Arvada | 579,715 | 0.47% | $604,400 | $2,867 |
| Adams County | Thornton, Westminster | 524,408 | 0.6% | $458,400 | $2,770 |