Colorado +5 more Property Tax Calculator
Applies Colorado’s effective rate of 0.50%.
Colorado, Tennessee, Idaho, Minnesota, South Dakota, Nevada share this page.
Their rules produce the same answer to within a rounding difference, so publishing
separate near-identical pages would add URLs without adding information. Every figure
below applies to all 6.
Colorado property tax estimator
Applies Colorado’s effective rate of 0.50%.
Estimated annual tax —
Monthly escrow —
Saved by exemption —
Colorado at a glance
| Figure | Colorado | Source |
|---|---|---|
| Effective property tax rate | 0.50% | [1] |
| Median home value | $543,000 | [1] |
| Tax on the median home | $2,715 | [1] |
| Homestead exemption | None / local only | [2] |
Colorado highlighted. Same data as the table below, shown as a distribution so the comparison is visible at a glance.
Highlighted: Colorado, ranked 43 of 50. Median 0.79%.
Colorado property tax by home value
Annual tax at Colorado's 0.50% effective rate, with and without homestead.
| Home value | Annual | Monthly | No exemption |
|---|---|---|---|
| $75,000 | $375 | $31 | $375 |
| $100,000 | $500 | $42 | $500 |
| $125,000 | $625 | $52 | $625 |
| $150,000 | $750 | $63 | $750 |
| $175,000 | $875 | $73 | $875 |
| $200,000 | $1,000 | $83 | $1,000 |
| $225,000 | $1,125 | $94 | $1,125 |
| $250,000 | $1,250 | $104 | $1,250 |
| $300,000 | $1,500 | $125 | $1,500 |
| $350,000 | $1,750 | $146 | $1,750 |
| $400,000 | $2,000 | $167 | $2,000 |
| $450,000 | $2,250 | $188 | $2,250 |
| $500,000 | $2,500 | $208 | $2,500 |
| $600,000 | $3,000 | $250 | $3,000 |
| $700,000 | $3,500 | $292 | $3,500 |
| $850,000 | $4,250 | $354 | $4,250 |
| $1,000,000 | $5,000 | $417 | $5,000 |
| $1,250,000 | $6,250 | $521 | $6,250 |
Worked figures for Colorado
Colorado values:
| Value | Annual | Monthly | Effective |
|---|---|---|---|
| $100,000 | $500 | $42 | 0.50% |
| $150,000 | $750 | $63 | 0.50% |
| $200,000 | $1,000 | $83 | 0.50% |
| $250,000 | $1,250 | $104 | 0.50% |
| $300,000 | $1,500 | $125 | 0.50% |
| $400,000 | $2,000 | $167 | 0.50% |
| $500,000 | $2,500 | $208 | 0.50% |
| $600,000 | $3,000 | $250 | 0.50% |
| $750,000 | $3,750 | $313 | 0.50% |
| $900,000 | $4,500 | $375 | 0.50% |
| $1,000,000 | $5,000 | $417 | 0.50% |
| $1,500,000 | $7,500 | $625 | 0.50% |
How Colorado compares nationally
On effective property tax rate, Colorado ranks #43 of 50 at 0.50% — 37% below the median of 0.79%. The national range runs from 0.29% (Hawaii) to 1.88% (Illinois).
| Rank | State | Effective property tax rate |
|---|---|---|
| #41 | Tennessee | 0.52% |
| #42 | West Virginia | 0.51% |
| #43 | Colorado | 0.50% |
| #44 | Idaho | 0.50% |
| #45 | Nevada | 0.50% |
Low effective rate (under 0.6%)s, ranked
Same rule structure as Colorado:
| State | Effective property tax rate | vs Colorado |
|---|---|---|
| Mississippi | 0.58% | +16.0% |
| Arkansas | 0.56% | +12.0% |
| Louisiana | 0.55% | +10.0% |
| Delaware | 0.54% | +8.0% |
| Wyoming | 0.53% | +6.0% |
| West Virginia | 0.51% | +2.0% |
| Colorado | 0.50% | — |
| South Carolina | 0.49% | -2.0% |
| Arizona | 0.48% | -4.0% |
| Alabama | 0.37% | -26.0% |
Colorado questions, answered with Colorado numbers
What is property tax on a median Colorado home?▾
Colorado's median home is $543,000 and its effective rate is 0.50%, giving roughly $2,715 a year — about $226 a month in escrow.
What about a $500,000 home?▾
Approximately $2,500 annually.
Does Colorado have a homestead exemption?▾
Colorado has no flat statewide homestead exemption; relief is handled locally, so check with your county assessor.
Other low effective rate (under 0.6%)s
Last reviewed 2026-08-26. Colorado figures only — verify with the relevant Colorado agency before acting. How this is calculated.