Chaffee County, Colorado Property Taxes
Census Bureau ACS property tax data for Colorado. Population: 6,707.
The median annual property tax in Chaffee County is $1,664, which is 7% higher than the Colorado state average and 13% below the national average. The effective tax rate is 0.28% on a median home value of $598,500. Property taxes represent 2.3% of the median household income in this county.
Median Annual Tax
$1,664
+7% vs State
-13% vs US
Median Home Value
$598,500
+50% vs State
+183% vs US
Effective Tax Rate
0.28%
-28% vs State
-71% vs US
With vs Without Mortgage
With Mortgage
$1,717
$143/mo
Without Mortgage
$1,597
$133/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 | $1,664 +5.3% | 0.28% |
| 2022 | $1,580 +18.7% | 0.31% |
| 2021 | $1,331 +5.6% | 0.32% |
| 2020 | $1,260 +9.6% | 0.33% |
| 2019 | $1,150 | 0.32% |
Tax Burden
Tax-to-Income Ratio
2.3%
of median household income
Median Income
$70,909
per year
Monthly Tax
$139
per month
Other Counties in Colorado
Lincoln County
Tax: $886/yr Rate: 0.38%
Routt County
Tax: $2,490/yr Rate: 0.33%
Pueblo County
Tax: $1,382/yr Rate: 0.51%
Kiowa County
Tax: $862/yr Rate: 0.58%
Logan County
Tax: $1,072/yr Rate: 0.47%
Ouray County
Tax: $1,854/yr Rate: 0.28%
Frequently Asked Questions
What is the average property tax in Chaffee County, Colorado? ▼
The median annual property tax in Chaffee County is $1,664 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.28% on a median home value of $598,500.
How does Chaffee County property tax compare to the national average? ▼
Property taxes in Chaffee County are 13% below the national average of $1,923. The effective rate of 0.28% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Chaffee County? ▼
In Chaffee County, homeowners with a mortgage pay a median of $1,717 in annual property taxes, while homeowners without a mortgage pay $1,597. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Chaffee County? ▼
Property taxes in Chaffee County represent approximately 2.3% of the median household income of $70,909. 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.