Colorado

Property Tax Rates & Rules

0.48%

Effective Rate

$2,688

Median Annual Tax

$560k

Median Home Value

Available

Homestead Exempt

Full Tax Details

Avg Effective Rate0.48%

Median Home Value$560,000

Median Annual Tax$2,688

Assessment Ratio6.7%

Homestead ExemptionYes

Senior ExemptionYes

Highest Rate CountyAdams

Lowest Rate CountyPark

Payment ScheduleFull payment by April 30, or two halves: February 28 and June 15.

Assessment Method

Residential assessment rate is adjusted periodically; 2025/2026 cycles utilize specific assessment caps.

Homestead Exemption Details

Exempts 50% of the first $200,000 of actual value for qualifying seniors and disabled veterans.

Senior Exemption Details

Senior Homestead Exemption for 65+ who have owned/occupied for 10+ consecutive years.

How to Appeal Your Assessment

Protest to County Assessor in May/June; appeal to Board of Equalization by July 15.

Official Source

Colorado Tax Authority

Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.