You can either calculate it for yourself using the steps at the bottom of the page, or use our calculator below by inputting the actual value of your residential property in the first field:
This educational tool is powered by Turn Corps, who works with local governments to help their citizens engage with potential capital projects, budget questions and fiscal scenarios. To make it easier for citizens to weigh their options we created a calculator where all you need to know is the actual value of your residential property to determine how much more you would pay each year for a potential property tax increase.
Keep in mind that most people pay their annual property tax bill through their monthly mortgage (escrow) payments.
In Colorado, property taxes are calculated using three basic factors:
Example using a $300,000 residence and 1 mill (1 mill = $1 per $1,000 of property value)