Colorado Property Tax Calculator
Calculate Colorado property taxes. Effective rate: 0.51%. Estimate annual and monthly property tax on your home.
How This Calculator Works
Calculation methodology and assumptions
Property tax is calculated by multiplying the assessed value of your property by the local tax rate. In Colorado, the effective property tax rate averages 0.51%. This calculator uses the effective rate, which accounts for the difference between assessed and market value.
Frequently Asked Questions
What is the property tax rate in Colorado?
Colorado's effective property tax rate is 0.51%. On a $530,000 home, that's approximately $2,703 per year or $225/month.
Does Colorado have a homestead exemption?
Colorado does not offer a significant statewide homestead exemption, though some counties may have local exemptions.
When are property taxes due in Colorado?
Property tax due dates vary by county in Colorado. Most counties bill semi-annually or annually. Check with your county assessor's office for specific dates. Many mortgage lenders collect property taxes monthly as part of escrow.
How does Colorado's property tax compare to other states?
Colorado's rate of 0.51% is among the lowest in the nation. States like Hawaii (0.28%) and Alabama (0.41%) also have low rates.
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