81092 Property Tax Rate

Property owners in ZIP code 81092 (Wiley, Colorado) pay a median of $776/year in property taxes on homes valued at $247,700. This translates to an effective tax rate of 0.31%, which is 25% below the Colorado state average of 0.42%.

The monthly property tax burden for a median-valued home in 81092 is approximately $65, which factors into escrow payments on mortgages. This ZIP code is located within Bent County. This is $1,106 less than the Colorado average of $1,882/year.

Compared to similar ZIP codes in Colorado, 81092 has lower property taxes. ZIP codes with similar effective rates include 81059 (0.31%) and 81242 (0.31%).

In Wiley, property taxes represent approximately 1.0% of the median household income of $77,708, providing context for the relative tax burden on homeowners in this area.

Colorado repealed the Gallagher Amendment in 2020, eliminating the residential assessment rate cap, so Bent County assesses all homes at market value without preferential treatment. Bent County residents age 65+ with 10+ years continuous occupancy qualify for the Senior Homestead Exemption, which reduces taxable value and annual property taxes — apply with the Bent County Assessor as soon as you establish eligibility. Contact the Bent County Assessor within 30 days of closing to verify your assessed value and request the Senior Homestead Exemption application.