Montezuma County, Colorado Property Taxes
Census Bureau ACS property tax data for Colorado. Population: 8,168.
The median annual property tax in Montezuma County is $915, which is 41% lower than the Colorado state average and 52% below the national average. The effective tax rate is 0.30% on a median home value of $308,100. Property taxes represent 1.5% of the median household income in this county.
Median Annual Tax
$915
-41% vs State
-52% vs US
Median Home Value
$308,100
-23% vs State
+46% vs US
Effective Tax Rate
0.30%
-23% vs State
-68% vs US
With vs Without Mortgage
With Mortgage
$992
$83/mo
Without Mortgage
$755
$63/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $915 -1.8% | 0.30% |
| 2022 | $932 +2.9% | 0.33% |
| 2021 | $906 +2.8% | 0.37% |
| 2020 | $881 +5.0% | 0.37% |
| 2019 | $839 | 0.38% |
Tax Burden
Tax-to-Income Ratio
1.5%
of median household income
Median Income
$63,005
per year
Monthly Tax
$76
per month
Other Counties in Colorado
Lincoln County
Tax: $886/yr Rate: 0.38%
Sedgwick County
Tax: $671/yr Rate: 0.47%
Larimer County
Tax: $2,662/yr Rate: 0.50%
Pitkin County
Tax: $4,450/yr Rate: 0.39%
Crowley County
Tax: $525/yr Rate: 0.49%
Chaffee County
Tax: $1,664/yr Rate: 0.28%
Frequently Asked Questions
What is the average property tax in Montezuma County, Colorado? ▼
The median annual property tax in Montezuma County is $915 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.30% on a median home value of $308,100.
How does Montezuma County property tax compare to the national average? ▼
Property taxes in Montezuma County are 52% below the national average of $1,923. The effective rate of 0.30% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Montezuma County? ▼
In Montezuma County, homeowners with a mortgage pay a median of $992 in annual property taxes, while homeowners without a mortgage pay $755. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Montezuma County? ▼
Property taxes in Montezuma County represent approximately 1.5% of the median household income of $63,005. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.