Phillips County, Colorado Property Taxes
Census Bureau ACS property tax data for Colorado. Population: 1,393.
The median annual property tax in Phillips County is $1,263, which is 19% lower than the Colorado state average and 34% below the national average. The effective tax rate is 0.49% on a median home value of $255,300. Property taxes represent 2.1% of the median household income in this county.
Median Annual Tax
$1,263
-19% vs State
-34% vs US
Median Home Value
$255,300
-36% vs State
+21% vs US
Effective Tax Rate
0.49%
+26% vs State
-48% vs US
With vs Without Mortgage
With Mortgage
$1,327
$111/mo
Without Mortgage
$1,133
$94/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 | $1,263 +0.3% | 0.49% |
| 2022 | $1,259 +19.8% | 0.49% |
| 2021 | $1,051 +10.4% | 0.49% |
| 2020 | $952 +1.0% | 0.50% |
| 2019 | $943 | 0.59% |
Tax Burden
Tax-to-Income Ratio
2.1%
of median household income
Median Income
$60,372
per year
Monthly Tax
$105
per month
Other Counties in Colorado
Custer County
Tax: $1,300/yr Rate: 0.36%
Prowers County
Tax: $494/yr Rate: 0.33%
Weld County
Tax: $2,242/yr Rate: 0.50%
Dolores County
Tax: $558/yr Rate: 0.24%
Rio Blanco County
Tax: $837/yr Rate: 0.34%
Grand County
Tax: $1,763/yr Rate: 0.35%
Frequently Asked Questions
What is the average property tax in Phillips County, Colorado? ▼
The median annual property tax in Phillips County is $1,263 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.49% on a median home value of $255,300.
How does Phillips County property tax compare to the national average? ▼
Property taxes in Phillips County are 34% below the national average of $1,923. The effective rate of 0.49% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Phillips County? ▼
In Phillips County, homeowners with a mortgage pay a median of $1,327 in annual property taxes, while homeowners without a mortgage pay $1,133. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Phillips County? ▼
Property taxes in Phillips County represent approximately 2.1% of the median household income of $60,372. 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.