If you’re ready to find an advisor who can help you achieve your financial goals, get started now. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you're thinking about purchasing property in Colorado or are looking to refinance, check out SmartAsset’s Colorado mortgage guide for details about mortgages in the Centennial State.Ī financial advisor can help you understand how homeownership fits into your overall financial goals. Low property taxes can be a draw to live in Colorado or own a vacation home there. That may be part of the reason that Colorado has some of the lowest residential property taxes in the country, with an average effective rate of just 0.48%. In fact, 100% of property tax revenue stays within the county in which it is collected, meaning none of it goes to the state.
In Colorado, property taxes are used to support local services.
Colorado Property Taxes Photo credit: ©/Adventure_Photo
