Colorado Property Tax Calculator
Calculate Colorado property tax. CO avg ~0.55% — one of the lowest rates in the US.
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How to use this calculator
- 1
Colorado assesses residential property at 6.765% of actual value (this ratio changes annually via legislation).
- 2
TABOR (Taxpayer's Bill of Rights) limits annual increases in property tax revenue.
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Senior Property Tax Exemption: qualifying seniors 65+ (10+ years owner-occupied) exempt 50% of first $200,000.
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Mill levy rates are set by local taxing districts including schools, fire, water, and others.
Frequently asked questions
Why are Colorado property taxes so low?
TABOR limits property tax growth, and Colorado uses a low residential assessment ratio (6.765% of actual value). Combined with strong home value appreciation, the effective rates rank among the lowest nationally despite rising home prices.
How is CO property tax calculated?
Colorado has among the lowest property tax rates in the US (~0.55% effective). TABOR limits assessment increases. Residential assessment ratio is 6.765% of actual value (2024).
Colorado Property Tax Calculator 2024
How to use the colorado property tax
Use this colorado property tax to estimate your annual property tax bill by county. Colorado property tax rates vary by county — enter your home value and select your county to get an accurate estimate.
Colorado property tax rates by county
Enter your property's assessed value (usually close to market value, set by your county assessor). Select your county to apply its effective rate. The calculator shows your estimated annual tax, monthly escrow amount, and effective rate. Rates shown reflect 2026 estimates from the Tax Foundation and state DOR data.
Colorado property tax exemptions and deductions
Property taxes in Colorado fund local schools, roads, emergency services, and county government. Homestead exemptions can reduce your taxable value — many Colorado counties offer exemptions for primary residences, seniors, and veterans. Contact your local county assessor to apply. Tax bills are typically due in two installments per year.
CO property tax overview
Colorado has among the lowest property tax rates in the US (~0.55% effective). TABOR limits assessment increases. Residential assessment ratio is 6.765% of actual value (2024).
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →