By David Parks · eXp Realty · The Apollo Group · 2 min read
Colorado property taxes are based on your home’s assessed value times local mill levies set by taxing districts. Taxes vary by county, city, school district, and any special districts like metro districts.
County assessors determine a property’s actual value, and a state-set assessment rate is applied to get the assessed value. That is multiplied by the combined mill levy of all taxing authorities to calculate your bill.
Check the county assessor and treasurer websites for the current taxes, and ask your lender to estimate escrow. Remember that taxes can change after a sale or reappraisal.
Taxes are paid in arrears, and many buyers pay through an escrow account with their mortgage. Ask about the schedule.
Rules can change and exemptions vary. A tax professional or the county assessor can answer questions about your specific property.
This article is general information, not legal, tax, financial or inspection advice. Every home and situation is different, so confirm details with a licensed inspector, lender, attorney or tax professional.
David is a Greater Denver real estate advisor with eXp Realty and The Apollo Group (Colorado broker license FA100103211). He has closed more than $55 million in volume, earned eXp Icon status in 2025, and holds a 5.0 rating on Zillow from 27 verified reviews.
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