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Colorado, Minnesota, Nevada, Idaho +1 Property Tax Calculator

Applies Colorado’s effective rate of 0.50%.

Colorado, Minnesota, Nevada, Idaho, South Dakota 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 5 states.

Colorado property tax estimator

Applies Colorado’s effective rate of 0.50%.

Estimated annual tax —
Monthly escrow —
Saved by exemption —

Figures computed from Tax Foundation (2024-2026 rate tables) and U.S. Census Bureau (2024 5-year). Page last reviewed 2026-08-27. Estimates only — verify with the relevant agency before acting.

Colorado at a glance

FigureColoradoSource
Effective property tax rate0.50%[2]
Median home value$543,000[2]
Tax on the median home$2,715[2]
Homestead exemptionNone / local only[1]

[2] [1] Sources

Effective property tax rate — all 50 states

Colorado highlighted. Same data as the table below, shown as a distribution so the comparison is visible at a glance.

Effective property tax rate — all 50 states. Colorado is 0.50%, ranked 43 of 50. The national median is 0.79%, the highest is 1.88% (Illinois), and the lowest is 0.29% (Hawaii). IL 1.88% NJ 1.88% CT 1.54% VT 1.51% NH 1.50% NE 1.44% TX 1.40% OH 1.36% IA 1.33% WI 1.32% NY 1.30% PA 1.26% KS 1.21% MI 1.19% RI 1.12% MA 1.00% MN 1.00% SD 1.00% ME 0.98% AK 0.94% MD 0.92% ND 0.92% MO 0.89% OR 0.81% GA 0.79% OK 0.79% FL 0.78% VA 0.78% IN 0.76% WA 0.75% KY 0.74% CA 0.70% NC 0.66% NM 0.63% MT 0.61% MS 0.58% AR 0.56% LA 0.55% DE 0.54% WY 0.53% TN 0.52% WV 0.51% CO 0.50% ID 0.50% NV 0.50% SC 0.49% AZ 0.48% UT 0.48% AL 0.37% HI 0.29%

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 valueAnnualMonthlyNo 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:

ValueAnnualMonthlyEffective
$100,000$500$420.50%
$150,000$750$630.50%
$200,000$1,000$830.50%
$250,000$1,250$1040.50%
$300,000$1,500$1250.50%
$400,000$2,000$1670.50%
$500,000$2,500$2080.50%
$600,000$3,000$2500.50%
$750,000$3,750$3130.50%
$900,000$4,500$3750.50%
$1,000,000$5,000$4170.50%
$1,500,000$7,500$6250.50%

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).

RankStateEffective property tax rate
#41Tennessee0.52%
#42West Virginia0.51%
#43Colorado0.50%
#44Idaho0.50%
#45Nevada0.50%

Low effective rate (under 0.6%)s, ranked

Same rule structure as Colorado:

StateEffective property tax ratevs Colorado
Mississippi0.58%+16.0%
Arkansas0.56%+12.0%
Louisiana0.55%+10.0%
Delaware0.54%+8.0%
Wyoming0.53%+6.0%
Tennessee0.52%+4.0%
West Virginia0.51%+2.0%
Colorado0.50%—
South Carolina0.49%-2.0%
Arizona0.48%-4.0%
Alabama0.37%-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

Alabama Arizona Arkansas Delaware Louisiana Mississippi South Carolina Tennessee

Last reviewed 2026-08-27. Colorado figures only — verify with the relevant Colorado agency before acting. How this is calculated.