Phillips County Property Taxes
Phillips County, Colorado
Effective Tax Rate
0.00%
19% below state avgMedian Annual Tax
$0
$105/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.49%
At a Glance
Median Home Value
$255,300
State avg ▼ $398,069
Tax w/ Mortgage/yr
$1,327
$111/mo escrow
Tax w/o Mortgage/yr
$1,133
$94/mo
State Tax Rate Rank
#53
of 64 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Phillips County, Colorado
Phillips County taxes rank low nationally
Phillips County's effective tax rate of 0.495% sits below the national median effective rate, meaning homeowners here pay a smaller percentage of their property value in taxes than most Americans. The median property tax of $1,263 is less than half the national median of $2,690, placing the county in roughly the 30th percentile nationally.
Above average for Colorado
Phillips County's effective rate of 0.495% exceeds Colorado's state average of 0.393%, ranking it in the higher half of the state's 64 counties. Residents pay a median property tax of $1,263 compared to the state median of $1,560, reflecting both the county's higher rate and slightly lower home values.
Higher taxes than eastern plains peers
Phillips County's 0.495% rate outpaces neighboring Prowers County (0.327%) and Rio Blanco County (0.344%), making it one of the pricier places to own property in Colorado's rural northeast. Among comparable rural counties, only Pueblo County at 0.508% taxes residents more aggressively.
What $255,300 homes cost annually
A homeowner with a median-valued property of $255,300 in Phillips County pays approximately $1,263 per year in property taxes. With a mortgage, that figure rises to $1,327; without, it drops to $1,133 due to homestead exemptions.
Many Phillips County owners may overpay
Studies show that 15–25% of residential properties across Colorado are assessed above market value, and Phillips County homeowners should verify their assessments through county records. If your property's assessed value seems high compared to recent sales of similar homes, you may have grounds to file a formal appeal and reduce your tax burden.
How Phillips County Compares
Median Annual Property Tax
Phillips County
0.49%
Effective rate
Colorado Avg
0.39%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Phillips County, Colorado?
How much are property taxes in Phillips County?
How does Phillips County compare to the Colorado average?
What is the median home value in Phillips County, Colorado?
Why is Phillips County property tax rate higher than the Colorado average?
How does Phillips County rank for property taxes in Colorado?
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.