Understanding Your Colorado Property Tax Statement

In late April, county assessors will mail out valuation notices based on property values as of June 30, 2022, which also happens to be close to when home values peaked in Colorado. Several counties across the state are reporting a tax rate increase notification. On average the increase is expected to be 25% to 27%, and in some counties (including resort markets) they may be as high as 50% or more. Below are more details about property taxes.