← Back to State Property Tax Rates

Colorado property tax

Effective rate

0.48%

Median home value

$539,400

Average annual tax

$2,602

Rank of 51

#46

1 = highest effective rate

Colorado's rate is 0.42 points below the national average of 0.90%. On the median-priced Colorado home, that's about $216 per month added to the mortgage payment.

Estimate your Colorado property tax

Annual tax—
Monthly escrow—

At the average effective rate of 0.48%. Local county and municipal rates vary.

Tax on typical home values

Home valueAnnual taxMonthly escrow
$250,000$1,200$100
$400,000$1,920$160
$600,000$2,880$240

How Colorado compares

Homestead exemptions & relief

$250,000 homestead exemption ($350,000 for seniors over 60 or disabled); 50% deduction for up to first $200,000 for seniors over 65