Colorado · County property tax · ACS 2024
Teller County Property Taxes
The median homeowner in Teller County pays $1,672 a year, an effective rate of 0.35%, notably lower than the U.S. average.
- $1,672
- Median tax / yr · Above-median bill
- 0.35%
- Effective rate · Very low rate
- -16%
- vs U.S. average
- #41 of 64
- rank in CO
The verdict
Homeowners in Teller County pay a median $1,672 a year in property tax, an effective rate of 0.35%, more affordable than 96% of U.S. counties (Census ACS 2024).
- $1,672
- Median annual tax bill, 2024
- 0.35%
- Effective rate on median home
- #138 of 3135
- U.S. counties by tax burden
- -16%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($479,900). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Colorado. Population: 24,825. Owner-occupied homes: 9,605.
The median annual property tax in Teller County is $1,672, which is 36% lower than the Colorado state average and 16% below the national average. The effective tax rate is 0.35% on a median home value of $479,900. Property taxes represent 2.0% of the median household income in this county.
Teller County's rate standing among U.S. counties
Primary signal
The effective rate is a national tailwind
Teller County's 0.35% effective rate is among the lowest of 3,135 tracked counties: roughly 96% pay a higher rate.
Decision signal 2
The bill sits below the Colorado median
Homeowners in Teller County pay a median annual property tax of $1,672, notably lower than the national median and well below the Colorado state median. On a $479,900 median home, that works out to an effective rate of 0.35% once the local assessment base and millage are combined.
Decision signal 3
Income carries a light tax share
Property taxes in Teller County run a bit below the commonly cited 2%-4% national benchmark, at about 2.0% of the $85,361 median household income.
Decision signal 4
Near the middle of Colorado counties by effective rate
Teller County ranks #41 of 64 counties in Colorado by effective rate (36% of in-state counties pay a lower rate).
Informational notice
Figures describe the median homeowner household in Teller County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
The rate gave way faster than almost anywhere
Between the 2020 and 2024 releases the median home value in Teller County rose 57.4%, from $304,800 to $479,900. The effective rate fell 20.9% over the same span, a steeper move than in 85% of U.S. counties.
The median bill still rose 24.5%, to $1,672. Where the rate drops this far and the bill rises anyway, what changed is the value the rate is applied to.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
Bills rose across 2020-2024, from $1,343 to $1,672, a gain of 24%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.
The fullest band here is the $800 to $1,499 range, holding 2,288 of 9,605 owner-occupied homes (23.8%). The band shows where the largest share of reported owner-occupied households falls; it is not an individual-bill estimate.
The most forgiving PAIRING in the data, top-quartile household income with a bottom-quartile effective rate, puts the median bill at 2.0% of median household income. Home values still drive the dollar figure, which is why the ratio above varies widely among counties that share this position.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Teller County Homeowners Actually Pay
The single largest group of Teller County homeowners, 2,288 of 9,605 owner-occupied homes (23.8%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.
- Less than $800 18.8% (1,804)
- $800 to $1,499 23.8% (2,288)
- $1,500 to $1,999 20.9% (2,005)
- $2,000 to $2,999 22.4% (2,153)
- $3,000 or more 13.7% (1,317)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
With vs Without Mortgage
Mortgaged and non-mortgaged homeowners in Teller County pay about the same bill, a 6% gap.
Teller County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Teller County's effective rate is higher than 36% of the 64 counties in Colorado - ranking #41 of 64.
Where Teller County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.35% Among the most affordable more affordable than 96% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
Among the lowest-taxed counties in the country
At 0.35%, Teller County sits in the lowest 4% of all U.S. counties by effective property-tax rate. A low rate does not by itself mean a low bill: the median here is $1,672, and what a homeowner actually pays depends as much on local home values as on the rate.
Teller County vs Benchmarks
| Metric | Teller County | Colorado Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Above-median bill | |||
| Effective Tax Rate Very low rate | |||
| Median Home Value | |||
| Tax as % of income Below-median income burden | 2.0% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Teller County is QUIET · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Colorado counties.
Teller County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,672 +5.6% | 0.35% |
| 2023 | $1,583 +7.9% | 0.36% |
| 2022 | $1,467 +11.3% | 0.36% |
| 2021 | $1,318 -1.9% | 0.40% |
| 2020 | $1,343 | 0.44% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Teller County: tax takes only 2.0% of income
Counties near Teller County's effective rate
On effective rate, Teller County sits nearest Gilmer County (GA), Lemhi County (ID), De Soto Parish (LA).
On published median-tax change, the nearest matches are Teton County (MT), Lauderdale County (AL), Middlesex County (VA).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Teller County: only 9% of returns show Schedule A real-estate tax
Tax year 2022: 1,120 of 12,770 returns from Teller County reported real estate taxes, averaging $2,869 - 38% of those reporters sat in the $100-200k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in Colorado
Teller County rate FAQs
- What is the average property tax in Teller County, Colorado?
- The median annual property tax in Teller County is $1,672, an effective rate of 0.35% on a $479,900 median home (Census ACS, 2024).
- How does Teller County property tax compare to the national average?
- Property taxes in Teller County run notably lower than the national median of $1,993, an effective rate of 0.35% versus 0.92% nationally.
- What is the tax affordability score for Teller County?
- Teller County, Colorado scores B- (69/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is rate relief at A+ (0.35%). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- Are property taxes increasing in Teller County?
- The ACS median property-tax bill for Teller County jumped 24.5% between the 2020 and 2024 5-year releases, from $1,343 to $1,672, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
- What percentage of income goes to property taxes in Teller County?
- Property taxes in Teller County run a bit below the commonly cited 2%-4% national benchmark, at about 2.0% of the $85,361 median household income.
What to do with Teller County's QUIET rate
Inside Colorado, Teller County's $1,672 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. Colorado overview →
Income burden is light here: about 2.0% of Teller County's $85,361 median household income goes to the property-tax bill.
Nationwide peers by effective rate (then bill)
Rate-first peers for Teller County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.35%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,672/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Teller County
Nearest ABS(median_tax) ACS peers for Teller County (QUIET · MID), replacing the old fixed Keep exploring strip.
QUIET MID
Aroostook County, ME
ABS(median_tax) peer · tied with Teller County at $1,672/yr; rate 1.12% vs Teller County 0.35%.
Mercer County, KY
ABS(median_tax) peer · tied with Teller County at $1,672/yr; rate 0.83% vs Teller County 0.35%.
Fremont County, WY
ABS(median_tax) peer · $1,671/yr (near-tied bill ABS $1); rate 0.62% vs Teller County 0.35%.
Hancock County, IA
ABS(median_tax) peer · $1,673/yr (near-tied bill ABS $1); rate 1.18% vs Teller County 0.35%.
Colorado county set
State ACS overview for every published Colorado county rate and median bill.
Assessment cycle basics
Teller County stamps QUIET · MID - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. 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.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Teller County (QUIET · MID) - ACS medians, not a parcel bill.