Pitkin County Property Taxes

Pitkin County, Colorado

Effective Tax Rate

0.00%

185.3% above state avg

Median Annual Tax

$0

$371/mo escrow

#35 of 64 counties in Colorado

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.39%

vs. Colorado Avg185.3% above
vs. National Avg65.4% above

At a Glance

Median Home Value

$1,131,200

State avg $398,069

Tax w/ Mortgage/yr

$3,915

$326/mo escrow

Tax w/o Mortgage/yr

$5,294

$441/mo

State Tax Rate Rank

#35

of 64 counties (1 = lowest)

Data Story

About Property Taxes in Pitkin County, Colorado

Pitkin County matches national tax average

Pitkin County's effective tax rate of 0.393% aligns almost exactly with the national median, meaning property owners here experience typical U.S. tax pressure. However, the median property tax of $4,450 is 66% higher than the national median of $2,690, reflecting Pitkin's extraordinarily high home values, not its tax rate.

Right at Colorado's statewide average

Pitkin County's effective rate of 0.393% matches Colorado's state average precisely, placing it squarely in the middle of the state's tax burden. The county's median property tax of $4,450 is substantially higher than the state median of $1,560 due to Pitkin's median home value of $1.13 million—the highest among these eight counties.

Lower tax rate, far higher home values

Pitkin County's 0.393% rate is lower than Phillips County (0.495%) and Pueblo County (0.508%), but its median home value of $1.13 million dwarfs nearby counties, making absolute tax bills far steeper. The median Pitkin homeowner pays $4,450 yearly—three times what Phillips County residents pay—despite identical effective rates.

Aspen's steep bill: $1.13M homes

A homeowner with the median-valued property of $1,131,200 in Pitkin County pays approximately $4,450 per year in property taxes. With a mortgage, that amount drops to $3,915 due to homestead exemptions; without, it rises to $5,294.

High-value properties often overassessed

Luxury properties in counties like Pitkin are frequently overassessed relative to actual market sales, and homeowners should regularly verify their valuations against comparable recent transactions. At $4,450 annually, even a small percentage error in assessment can cost thousands—making an appeal well worth the effort.

How Pitkin County Compares

Median Annual Property Tax

Pitkin County$4,450
Colorado State Average$1,560
National Average$1,924

Pitkin County

0.39%

Effective rate

Colorado Avg

0.39%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Pitkin County, Colorado?
The effective property tax rate in Pitkin County, Colorado is 0.39%. 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 Pitkin County?
The median annual property tax payment in Pitkin County is $4,450. Homeowners with a mortgage pay a median of $3,915, while those without a mortgage pay $5,294.
How does Pitkin County compare to the Colorado average?
Pitkin County's effective tax rate of 0.39% is higher than the Colorado state average of 0.39%. The median annual property tax in Pitkin County is $4,450, compared to the state average of $1,560.
What is the median home value in Pitkin County, Colorado?
The median home value in Pitkin County, Colorado is $1,131,200, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Pitkin County property tax rate higher than the Colorado average?
Pitkin County's effective property tax rate of 0.39% is higher than the Colorado average of 0.39%. This difference of 0.00% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Pitkin County rank for property taxes in Colorado?
Pitkin County ranks #35 out of 64 counties in Colorado by effective property tax rate (1 = lowest). With a rate of 0.39% and median annual tax of $4,450, it falls in the middle 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.