Colorado's real estate tax rate at the lower end nationally
Colorado's effective real estate tax rate is on the low end, at 0.62 percent, according to a new report compiled by financial analyst site WalletHub.
The rate — calculated by dividing the median real-estate tax payment by the median home price — places the state in a three-way tie for 8th in the nation with Arkansas and Wyoming.
Colorado's annual taxes for homes priced at the median value of $239,400 are $1,495.
The rate — calculated by dividing the median real-estate tax payment by the median home price — places the state in a three-way tie for 8th in the nation with Arkansas and Wyoming.
Colorado's annual taxes for homes priced at the median value of $239,400 are $1,495.