Colorado Springs Property Tax Calculator
Estimate property tax for a home in Colorado Springs, CO. Colorado has an average effective property tax rate of 0.55%, so a median-priced Colorado Springs home of $460,000 generates roughly $2,530 in annual property tax. Enter your specific home value below for a custom estimate.
Annual Tax
$2,530
0.55% of $460,000
Monthly Tax
$211
Typically escrowed with your mortgage
State Rank
#49 of 51
Highest rate = #1
vs. National Average
Highest property tax states
- New Jersey2.49%
- Illinois2.23%
- New Hampshire2.18%
- Connecticut2.15%
- Vermont1.90%
Lowest property tax states
- Hawaii0.32%
- Alabama0.41%
- Colorado0.55%
- Louisiana0.56%
- District of Columbia0.57%
These are state-level averages. Individual counties and cities can vary significantly — a home in Austin's urban core may have a far higher effective rate than the Texas state average, for example. For the most accurate estimate, get the exact millage rate from your county assessor and override the rate field above.
How to use it
A two-minute guide.
The Home Value field is pre-filled with Colorado Springs's median home value of $460,000. Override with your actual home's market value for a specific estimate — your tax bill scales linearly with home value.
The state is pre-selected to Colorado, and the rate field is pre-filled with the state-wide average effective rate of 0.55%. Within Colorado, rates vary by county and city — if you know your specific Colorado Springs local rate from your county assessor or recent tax bill, override the rate field for a more precise estimate.
You'll see your estimated annual property tax, the monthly amount (which is typically escrowed with your mortgage payment), and a comparison to other states.
How it works
The math behind the result.
What property tax actually pays for. In Colorado Springs — like the rest of Colorado — property tax funds local schools, public safety (police, fire), road maintenance, parks, libraries, and the county government. Most of your bill stays in your county and school district.
How Colorado Springs's tax bill works out. On the median home value of $460,000, at Colorado's average effective rate of 0.55%, expect approximately $2,530/year or $211/month when escrowed with your mortgage. Your specific bill depends on your home's exact assessed value and the millage rates from your county, city, and school district.
Rates aren't uniform within Colorado. The statewide average is a starting point. Within Colorado Springs itself, different neighborhoods can fall into different school districts or special taxing zones, which can shift the effective rate up or down by 0.2-0.5%. For an exact figure, look up your home's parcel on the county assessor's website — they publish the precise rates and millages applied to your address.
Comparing to other states. Property tax rates vary enormously across the US — from about 0.3% in Hawaii to nearly 2.5% in New Jersey. Colorado's 0.55% effective rate puts it among the lowest in the US.
Questions
Frequently asked.
Buying in Colorado Springs? Estimate your full mortgage payment with our Colorado Springs Mortgage Calculator. Or see how Colorado property tax rates compare across the state with our Colorado Property Tax Calculator.
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