StateRates

Gunnison County, Colorado property tax

The median homeowner in Gunnison County, Colorado pays $1,683 a year in property tax on a home worth $597,200, an effective rate of 0.28%. The national effective rate is 0.98%.

Effective rate 0.28% #46 of 52 in Colorado
Median tax bill $1,683 per year
Median home value $597,200 owner-occupied
Median income $77,358 household

What the rate means here

At 0.28%, Gunnison County taxes property more lightly than the national 0.98%. This is the case where the rate misleads. Owners pay $1,683 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 #46 of 52 Colorado counties by effective rate, against a statewide 0.49%, and #2,793 nationally. The state runs from 0.62% in Broomfield County down to 0.23% in Gilpin County.

The median home costs 7.72 times the median household income of $77,358, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 18.48% of median income in gross rent. This is a small rural county of 17,158 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $700 per year at 0.28%
$400,000 home $1,120 per year at 0.28%
$600,000 home $1,680 per year at 0.28%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Gunnison County, Colorado against Colorado and the country
Gunnison County Colorado United States
Effective property tax 0.28% 0.49% 0.98%
Median tax bill $1,683 $2,448 $2,969
Median home value $597,200 $502,200 $303,400
Median gross rent $1,191 $1,693 $1,348
Median household income $77,358 $92,470 $78,538
Home price to income 7.72× 5.43× 3.86×
Rent as share of income 18.48% 21.97% 20.6%
Owner-occupied 66.94% 66.32% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 17,158.

Nearby counties of similar size

Other Colorado counties
County Rate Median bill Home value
Pitkin County 0.39% $4,450 $1,131,200
Park County 0.34% $1,679 $489,300
Alamosa County 0.44% $968 $218,800
Otero County 0.32% $518 $160,700
Grand County 0.35% $1,763 $507,200

Gunnison County property tax: common questions

What is the property tax rate in Gunnison County, Colorado?

The effective rate is 0.28% of home value, from a median tax bill of $1,683 against a median home value of $597,200. That is 0.7 points below the national 0.98%.

How much is property tax on a $400,000 home in Gunnison County?

Roughly $1,120 a year at the county effective rate of 0.28%.

Is Gunnison County expensive compared with the rest of Colorado?

It ranks #46 of 52 Colorado counties by effective property tax rate, and #2793 of 2,826 nationally. That is 0.21 points below the Colorado average of 0.49%.

What does housing cost in Gunnison County?

The median home is worth $597,200 and median gross rent is $1,191 a month. Median household income is $77,358, which puts the home at 7.72 times annual income and rent at 18.48% of it.