Summit County Property Taxes
Summit County, Colorado
Effective Tax Rate
0.00%
69.3% above state avgMedian Annual Tax
$0
$220/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.31%
At a Glance
Median Home Value
$850,700
State avg ▲ $398,069
Tax w/ Mortgage/yr
$2,527
$211/mo escrow
Tax w/o Mortgage/yr
$2,951
$246/mo
State Tax Rate Rank
#16
of 64 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Summit County, Colorado
Summit's premium homes, moderate tax rates
Summit County's effective tax rate of 0.310% sits below Colorado's state average of 0.393%, placing residents in the bottom 30% nationally for tax burden despite median home values of $850,700—three times the national average. The county's median tax of $2,641 approaches the national median despite its lower rate.
Mid-range rate for Colorado's luxury market
Summit County ranks in Colorado's lower half by effective tax rate at 0.310%, yet produces the highest absolute tax bills among these eight counties at $2,641 median. This reflects the county's status as a premier mountain resort destination with exceptionally high property values.
Highest taxes in the mountain west region
Summit County's median tax of $2,641 far exceeds neighboring Teller County at $1,583 and San Miguel County at $1,599, despite Teller's higher effective rate. Summit's ultra-high property values create the region's largest absolute tax obligations.
Median annual tax: nearly $2,650
On Summit County's median home value of $850,700, residents pay $2,641 annually in property taxes. With a mortgage, that figure drops to $2,527; without one, it rises to $2,951—reflecting the county's high-value market dynamics.
High-value properties merit appeals
Summit County's affluent homeowners should prioritize property assessment appeals, as small percentage reductions on million-dollar properties yield substantial annual savings. Even a 1% reduction in assessed value saves approximately $85 yearly.
How Summit County Compares
Median Annual Property Tax
Summit County
0.31%
Effective rate
Colorado Avg
0.39%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Summit County, Colorado?
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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.