What is the property tax rate in Colorado?

Colorado has an effective property tax rate of 0.48%, ranking it #47 out of 50 states. The median homeowner pays $2,602 per year.

How are property taxes calculated in Colorado?

Property taxes in Colorado are calculated by multiplying the assessed value of your property by the local tax rate (millage rate). The effective rate shown here (0.48%) represents the median taxes paid as a percentage of median home value across the state.

Which county in Colorado has the lowest property taxes?

Among Colorado's 64 counties, Yuma County has one of the lowest effective property tax rates.

Does Colorado have a homestead exemption?

Yes, Colorado offers several property tax exemptions including: Senior Homestead, Disabled Veteran. See the exemptions section above for details.

Colorado Property Tax Rate

64 Counties

0.48%effective rate

Colorado has an effective property tax rate of 0.48%, ranking it #47 among all 50 states. The median homeowner in Colorado pays $2,602 per year in property taxes on a home valued at $539,400. This rate is 48% lower than the national average of 0.92%.

Effective Tax Rate📊

0.48%

#47 of 50 states

Median Tax Paid🏠

$2,602

Per year

Median Home Value💰

$539,400

2024 estimate

Total Counties📍

Population: 5,862,189

Property Tax Rates by County in Colorado

Rank ▲	County	Effective Rate	Median Tax	Median Value
#1	Adams County	0.61%	$2,962	$484,200
#2	Broomfield County	0.60%	$4,007	$664,500
#3	Kiowa County	0.58%	$939	$161,500
#4	Phillips County	0.56%	$1,456	$258,200
#5	Douglas County	0.55%	$3,947	$713,600
#6	Boulder County	0.53%	$3,998	$756,300
#7	Arapahoe County	0.52%	$2,938	$561,200
#8	Morgan County	0.52%	$1,751	$338,600
#9	Weld County	0.52%	$2,440	$471,700
#10	Larimer County	0.50%	$2,832	$569,100
#11	Pueblo County	0.50%	$1,467	$291,300
#12	Kit Carson County	0.49%	$1,185	$239,500
#13	Jefferson County	0.48%	$3,082	$637,600
#14	Cheyenne County	0.47%	$887	$187,500
#15	Yuma County	0.47%	$1,003	$211,700
#16	Logan County	0.46%	$1,132	$245,300
#17	Crowley County	0.45%	$521	$116,200
#18	Denver County	0.45%	$2,751	$616,000
#19	Elbert County	0.45%	$3,214	$709,800
#20	Sedgwick County	0.45%	$664	$149,000

How Colorado Compares

Colorado

0.48%

National Average

0.92%

Neighboring States

Calculate Your Property Tax in Colorado

Or open the full Colorado Property Tax Calculator to estimate your bill by county.

Property Tax Calculator

Estimate your annual property tax based on your location and home value

State

County

Home Value

$50k$2M

Apply homestead exemption ($100,000 reduction)

Estimated Annual Property Tax

$1,440

$120/month · Rate: 0.48%

Home Value

$300,000

Taxable Value

$300,000

Effective Rate

0.48%

Colorado Property Tax Exemptions

✓

Senior Homestead

50% of the first $200,000 of actual value (up to $100,000)

Homeowners age 65+ who have lived in the home for 10+ consecutive years

✓

Disabled Veteran

50% of the first $200,000 of actual value

Veterans with 100% permanent service-connected disability

Not sure which exemption applies to you? See our full homestead exemption guide for all 50 states, including amounts and application deadlines.

When Are Property Taxes Due in Colorado?

Colorado property taxes may be paid statewide either in full on or before April 30, or in two equal installments with the first half due by the last day of February and the second half due by June 15. Bills are mailed by county treasurers in January.

First half installment

Last day of February

Second half installment

June 15

If you pay late: Delinquent installments accrue interest at 1% per month; if the first half is not paid by the last-day-of-February deadline, the full tax generally becomes due with interest.

See how Colorado compares in our full guide to property tax due dates for all 50 states.

Nearby States

Arizona

0.48%

Kansas

1.29%

Nebraska

1.49%

New Mexico

0.70%

Oklahoma

0.80%

Utah

0.52%

Wyoming

0.57%

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates (the latest available). Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.