Chaffee County Property Taxes

Chaffee County, Colorado

Effective Tax Rate

0.00%

6.7% above state avg

Median Annual Tax

$0

$139/mo escrow

#9 of 64 counties in Colorado

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.28%

vs. Colorado Avg6.7% above
vs. National Avg38.1% below

At a Glance

Median Home Value

$598,500

State avg $398,069

Tax w/ Mortgage/yr

$1,717

$143/mo escrow

Tax w/o Mortgage/yr

$1,597

$133/mo

State Tax Rate Rank

#9

of 64 counties (1 = lowest)

Data Story

About Property Taxes in Chaffee County, Colorado

Chaffee taxes rank low nationally

At 0.278%, Chaffee County's effective tax rate sits well below the national median of 0.370%, placing it in roughly the 25th percentile nationwide. Homeowners here pay $1,664 annually on a median home valued at $598,500—far less than the national median property tax of $2,690.

Below-average for Colorado

Chaffee's 0.278% rate ranks among Colorado's lower counties, below the state average of 0.393%. The county's median tax of $1,664 runs higher than the state average of $1,560, reflecting its higher median home values rather than its tax rate.

Mountain county with moderate burden

Chaffee's 0.278% rate compares favorably to nearby Clear Creek County (0.377%) and Custer County (0.362%). Its mountain-area peers generally carry similar or higher effective rates, making Chaffee relatively attractive for property tax purposes.

Median home costs $1,664 yearly

On Chaffee's $598,500 median home, annual property taxes run approximately $1,664. Mortgage holders pay slightly more ($1,717) due to escrow, while those without mortgages pay $1,597.

Consider an assessment appeal

Many Colorado property owners are overassessed relative to market value and can appeal their valuations to save hundreds annually. If you believe your home is assessed too high, your county assessor's office can walk you through the process.

How Chaffee County Compares

Median Annual Property Tax

Chaffee County$1,664
Colorado State Average$1,560
National Average$1,924

Chaffee County

0.28%

Effective rate

Colorado Avg

0.39%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Chaffee County, Colorado?
The effective property tax rate in Chaffee County, Colorado is 0.28%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Chaffee County?
The median annual property tax payment in Chaffee County is $1,664. Homeowners with a mortgage pay a median of $1,717, while those without a mortgage pay $1,597.
How does Chaffee County compare to the Colorado average?
Chaffee County's effective tax rate of 0.28% is lower than the Colorado state average of 0.39%. The median annual property tax in Chaffee County is $1,664, compared to the state average of $1,560.
What is the median home value in Chaffee County, Colorado?
The median home value in Chaffee County, Colorado is $598,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Chaffee County a low property tax area in Colorado?
Yes — Chaffee County's effective property tax rate of 0.28% is below the Colorado average of 0.39%. The median annual property tax of $1,664 is also comparable to the state average of $1,560, making it a relatively affordable area for property taxes.
How does Chaffee County rank for property taxes in Colorado?
Chaffee County ranks #9 out of 64 counties in Colorado by effective property tax rate (1 = lowest). With a rate of 0.28% and median annual tax of $1,664, it falls in the lower third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Colorado

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.