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 value | Annual tax | Monthly escrow |
|---|---|---|
| $250,000 | $1,200 | $100 |
| $400,000 | $1,920 | $160 |
| $600,000 | $2,880 | $240 |
How Colorado compares
Nebraska1.44%
Kansas1.21%
Oklahoma0.79%
New Mexico0.63%
Wyoming0.53%
Colorado (this state)0.48%
Utah0.48%
National average0.90%
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