What is the property tax rate in Colorado?

Colorado has an effective property tax rate of 0.49%, ranking it #48 out of 50 states. The median homeowner pays $2,448 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 (0.49%) 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

2023 Data · 64 Counties

0.49%effective rate

Colorado has an effective property tax rate of 0.49%, ranking it #48 among all 50 states. The median homeowner in Colorado pays $2,448 per year in property taxes on a home valued at $502,200. This rate is 48% lower than the national average of 0.95%.

Effective Tax Rate📊

0.49%

#48 of 50 states

Median Tax Paid🏠

$2,448

Per year

Median Home Value💰

$502,200

2023 estimate

Total Counties📍

Population: 5,810,774

Property Tax Rates by County in Colorado

Rank ▲	County	Effective Rate	Median Tax	Median Value
#1	Broomfield County	0.62%	$3,888	$631,600
#2	Adams County	0.60%	$2,770	$458,400
#3	Kiowa County	0.58%	$862	$148,600
#4	Douglas County	0.55%	$3,707	$674,000
#5	Boulder County	0.54%	$3,821	$713,900
#6	Arapahoe County	0.53%	$2,767	$526,000
#7	Morgan County	0.53%	$1,574	$299,300
#8	Kit Carson County	0.52%	$1,141	$221,400
#9	Pueblo County	0.51%	$1,382	$271,800
#10	Larimer County	0.50%	$2,662	$532,200
#11	Weld County	0.50%	$2,242	$444,500
#12	Crowley County	0.49%	$525	$106,700
#13	Phillips County	0.49%	$1,263	$255,300
#14	Yuma County	0.48%	$1,025	$215,600
#15	Jefferson County	0.47%	$2,867	$604,400
#16	Logan County	0.47%	$1,072	$228,100
#17	Sedgwick County	0.47%	$671	$142,700
#18	Cheyenne County	0.46%	$863	$187,100
#19	Elbert County	0.45%	$2,981	$664,600
#20	Alamosa County	0.44%	$968	$218,800

How Colorado Compares

Colorado

0.49%

National Average

0.95%

Neighboring States

Calculate Your Property Tax in Colorado

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

$1,470

$123/month · Rate: 0.49%

Home Value

$300,000

Taxable Value

$300,000

Effective Rate

0.49%

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

Nearby States

Arizona

0.52%

Kansas

1.30%

Nebraska

1.50%

New Mexico

0.72%

Oklahoma

0.82%

Utah

0.53%

Wyoming

0.58%

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2023 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value.