81253 Property Tax Rate

Property owners in ZIP code 81253 (Wetmore, Colorado) pay a median of $1,250/year in property taxes on homes valued at $288,600. This translates to an effective tax rate of 0.43%, which is 4% above the Colorado state average of 0.42%.

The monthly property tax burden for a median-valued home in 81253 is approximately $104, which factors into escrow payments on mortgages. This ZIP code is located within Custer County. This is $632 less than the Colorado average of $1,882/year.

Compared to similar ZIP codes in Colorado, 81253 has higher property taxes. ZIP codes with similar effective rates include 80110 (0.43%) and 80206 (0.43%).

In Wetmore, property taxes represent approximately 1.7% of the median household income of $73,061, providing context for the relative tax burden on homeowners in this area.

Custer County properties reassess to market value at sale under Colorado's current law with no annual growth caps; expect your assessed value to reflect purchase price. If you are 65 or older and have lived in your home for 10+ years, the Senior Homestead Exemption will reduce your taxable value—apply with the Custer County Assessor. File your exemption claim with the Custer County Assessor's office within 30 days of purchase completion.