Mineral County, Colorado Property Taxes
Census Bureau ACS property tax data for Colorado. Population: 320.
The median annual property tax in Mineral County is $1,462, which is 6% lower than the Colorado state average and 24% below the national average. The effective tax rate is 0.35% on a median home value of $413,000. Property taxes represent 2.8% of the median household income in this county.
Median Annual Tax
$1,462
-6% vs State
-24% vs US
Median Home Value
$413,000
+4% vs State
+95% vs US
Effective Tax Rate
0.35%
-10% vs State
-63% vs US
With vs Without Mortgage
With Mortgage
$1,404
$117/mo
Without Mortgage
$1,568
$131/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 | $1,462 +1.3% | 0.35% |
| 2022 | $1,443 +4.3% | 0.38% |
| 2021 | $1,384 +5.6% | 0.39% |
| 2020 | $1,311 +1.7% | 0.40% |
| 2019 | $1,289 | 0.42% |
Tax Burden
Tax-to-Income Ratio
2.8%
of median household income
Median Income
$52,455
per year
Monthly Tax
$122
per month
Other Counties in Colorado
Teller County
Tax: $1,583/yr Rate: 0.36%
Huerfano County
Tax: $707/yr Rate: 0.28%
San Juan County
Tax: $1,195/yr Rate: 0.29%
Larimer County
Tax: $2,662/yr Rate: 0.50%
Montrose County
Tax: $1,280/yr Rate: 0.36%
Dolores County
Tax: $558/yr Rate: 0.24%
Frequently Asked Questions
What is the average property tax in Mineral County, Colorado? ▼
The median annual property tax in Mineral County is $1,462 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.35% on a median home value of $413,000.
How does Mineral County property tax compare to the national average? ▼
Property taxes in Mineral County are 24% below the national average of $1,923. The effective rate of 0.35% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Mineral County? ▼
In Mineral County, homeowners with a mortgage pay a median of $1,404 in annual property taxes, while homeowners without a mortgage pay $1,568. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Mineral County? ▼
Property taxes in Mineral County represent approximately 2.8% of the median household income of $52,455. 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.