81223 Property Tax Rate

Property owners in ZIP code 81223 (Cotopaxi, Colorado) pay a median of $674/year in property taxes on homes valued at $322,800. This translates to an effective tax rate of 0.21%, which is 50% below the Colorado state average of 0.42%.

The monthly property tax burden for a median-valued home in 81223 is approximately $56, which factors into escrow payments on mortgages. This ZIP code is located within Fremont County. This is $1,208 less than the Colorado average of $1,882/year.

Compared to similar ZIP codes in Colorado, 81223 has higher property taxes. ZIP codes with similar effective rates include 81643 (0.21%) and 80813 (0.21%).

In Cotopaxi, property taxes represent approximately 1.4% of the median household income of $46,587, providing context for the relative tax burden on homeowners in this area.

Fremont County properties reset to full market value at sale under Colorado's post-Gallagher tax structure, with no annual growth ceiling. Residents 65+ who have occupied their home for 10+ years can claim the Senior Homestead Exemption to reduce assessed value—apply with the Fremont County Assessor. File your exemption claim with the Fremont County Assessor's office within 30 days of purchase to ensure first-year application.