Property tax information
Beginning in 2025, residential property has two assessment rates. One assessment rate will be used to calculate local government assessed values and the other rate will calculate school district assessed values.
- Actual value x assessment rate = assessed value
- Assessed value x mill levy/1000 = tax bill
2026 Assessment rates
- Residential – School 7.05% Local Governments 6.8%
For tax year 2026 forward, Colorado law allows for the reduction of 10% on the first $700,000 of actual value on residential and multi-family properties for the local government tax calculation only. - Commercial Improved and Agricultural – 25%
- Vacant Land, Industrial, Natural Resources and Personal Property – 26%
- Oil & Gas production – 87.5%
Property tax due dates
- 2025 taxes are due and payable on January 1, 2026
- First half of taxes become due on February 28, 2026
- Second half taxes become due on June 15, 2026
- If no first half tax payment is made, total tax is due by April 30, 2026
Understanding Property Taxes in Colorado
Manufactured Homes in Colorado
Classification and Valuation of Agricultural Property in Colorado
Property Valuation and Taxation for Business and Industry in Colorado

