Colorado's real estate tax rate at the lower end nationally

Real Estate

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.

Oct 4, 2021 Market Trend