Rio Grande County, Colorado Property Taxes
Census Bureau ACS property tax data for Colorado. Population: 3,442.
The median annual property tax in Rio Grande County is $893, which is 43% lower than the Colorado state average and 54% below the national average. The effective tax rate is 0.41% on a median home value of $215,400. Property taxes represent 1.4% of the median household income in this county.
Median Annual Tax
$893
-43% vs State
-54% vs US
Median Home Value
$215,400
-46% vs State
+2% vs US
Effective Tax Rate
0.41%
+5% vs State
-57% vs US
With vs Without Mortgage
With Mortgage
$988
$82/mo
Without Mortgage
$648
$54/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 | $893 +7.6% | 0.41% |
| 2022 | $830 +3.1% | 0.41% |
| 2021 | $805 +9.1% | 0.45% |
| 2020 | $738 +1.4% | 0.40% |
| 2019 | $728 | 0.42% |
Tax Burden
Tax-to-Income Ratio
1.4%
of median household income
Median Income
$62,166
per year
Monthly Tax
$74
per month
Other Counties in Colorado
Hinsdale County
Tax: $1,286/yr Rate: 0.29%
Montezuma County
Tax: $915/yr Rate: 0.30%
Gunnison County
Tax: $1,683/yr Rate: 0.28%
Custer County
Tax: $1,300/yr Rate: 0.36%
Logan County
Tax: $1,072/yr Rate: 0.47%
Teller County
Tax: $1,583/yr Rate: 0.36%
Frequently Asked Questions
What is the average property tax in Rio Grande County, Colorado? ▼
The median annual property tax in Rio Grande County is $893 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.41% on a median home value of $215,400.
How does Rio Grande County property tax compare to the national average? ▼
Property taxes in Rio Grande County are 54% below the national average of $1,923. The effective rate of 0.41% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Rio Grande County? ▼
In Rio Grande County, homeowners with a mortgage pay a median of $988 in annual property taxes, while homeowners without a mortgage pay $648. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Rio Grande County? ▼
Property taxes in Rio Grande County represent approximately 1.4% of the median household income of $62,166. 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.