Garfield County, Colorado property tax
The median homeowner in Garfield County, Colorado pays $2,095 a year in property tax on a home worth $490,600, an effective rate of 0.43%. The national effective rate is 0.98%.
What the rate means here
At 0.43%, Garfield County taxes property more lightly than the national 0.98%. This is the case where the rate misleads. Owners pay $2,095 a year, which is what matters, and the low percentage is a function of what housing is worth rather than of restraint by the county.
It ranks #18 of 52 Colorado counties by effective rate, against a statewide 0.49%, and #2,596 nationally. The state runs from 0.62% in Broomfield County down to 0.23% in Gilpin County.
The median home costs 5.69 times the median household income of $86,172, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 21.1% of median income in gross rent. With 62,034 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Garfield County | Colorado | United States | |
|---|---|---|---|
| Effective property tax | 0.43% | 0.49% | 0.98% |
| Median tax bill | $2,095 | $2,448 | $2,969 |
| Median home value | $490,600 | $502,200 | $303,400 |
| Median gross rent | $1,515 | $1,693 | $1,348 |
| Median household income | $86,172 | $92,470 | $78,538 |
| Home price to income | 5.69× | 5.43× | 3.86× |
| Rent as share of income | 21.1% | 21.97% | 20.6% |
| Owner-occupied | 69.72% | 66.32% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 62,034.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| La Plata County | 0.26% | $1,452 | $549,100 |
| Eagle County | 0.41% | $3,339 | $814,700 |
| Fremont County | 0.38% | $1,081 | $282,100 |
| Broomfield County | 0.62% | $3,888 | $631,600 |
| Montrose County | 0.36% | $1,280 | $357,900 |
Garfield County property tax: common questions
What is the property tax rate in Garfield County, Colorado?
The effective rate is 0.43% of home value, from a median tax bill of $2,095 against a median home value of $490,600. That is 0.55 points below the national 0.98%.
How much is property tax on a $400,000 home in Garfield County?
Roughly $1,720 a year at the county effective rate of 0.43%.
Is Garfield County expensive compared with the rest of Colorado?
It ranks #18 of 52 Colorado counties by effective property tax rate, and #2596 of 2,826 nationally. That is 0.06 points below the Colorado average of 0.49%.
What does housing cost in Garfield County?
The median home is worth $490,600 and median gross rent is $1,515 a month. Median household income is $86,172, which puts the home at 5.69 times annual income and rent at 21.1% of it.