Montrose County, Colorado Property Taxes
Census Bureau ACS property tax data for Colorado. Population: 13,085.
The median annual property tax in Montrose County is $1,280, which is 18% lower than the Colorado state average and 33% below the national average. The effective tax rate is 0.36% on a median home value of $357,900. Property taxes represent 1.9% of the median household income in this county.
Median Annual Tax
$1,280
-18% vs State
-33% vs US
Median Home Value
$357,900
-10% vs State
+69% vs US
Effective Tax Rate
0.36%
-8% vs State
-62% vs US
With vs Without Mortgage
With Mortgage
$1,312
$109/mo
Without Mortgage
$1,225
$102/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 | $1,280 +7.7% | 0.36% |
| 2022 | $1,189 +14.8% | 0.38% |
| 2021 | $1,036 +5.4% | 0.39% |
| 2020 | $983 +4.2% | 0.41% |
| 2019 | $943 | 0.42% |
Tax Burden
Tax-to-Income Ratio
1.9%
of median household income
Median Income
$66,072
per year
Monthly Tax
$107
per month
Other Counties in Colorado
Otero County
Tax: $518/yr Rate: 0.32%
Gunnison County
Tax: $1,683/yr Rate: 0.28%
San Juan County
Tax: $1,195/yr Rate: 0.29%
Alamosa County
Tax: $968/yr Rate: 0.44%
Gilpin County
Tax: $1,177/yr Rate: 0.23%
Rio Blanco County
Tax: $837/yr Rate: 0.34%
Frequently Asked Questions
What is the average property tax in Montrose County, Colorado? ▼
The median annual property tax in Montrose County is $1,280 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.36% on a median home value of $357,900.
How does Montrose County property tax compare to the national average? ▼
Property taxes in Montrose County are 33% below the national average of $1,923. The effective rate of 0.36% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Montrose County? ▼
In Montrose County, homeowners with a mortgage pay a median of $1,312 in annual property taxes, while homeowners without a mortgage pay $1,225. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Montrose County? ▼
Property taxes in Montrose County represent approximately 1.9% of the median household income of $66,072. 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.