81427 Property Tax Rate

Property owners in ZIP code 81427 (Ouray, Colorado) pay a median of $1,411/year in property taxes on homes valued at $562,200. This translates to an effective tax rate of 0.25%, which is 40% below the Colorado state average of 0.42%.

The monthly property tax burden for a median-valued home in 81427 is approximately $118, which factors into escrow payments on mortgages. This ZIP code is located within Ouray County. This is $471 less than the Colorado average of $1,882/year.

Compared to similar ZIP codes in Colorado, 81427 has lower property taxes. ZIP codes with similar effective rates include 81641 (0.25%) and 81524 (0.25%).

In Ouray, property taxes represent approximately 1.7% of the median household income of $82,851, providing context for the relative tax burden on homeowners in this area.

Ouray County properties reassess to market value at sale under Colorado's post-Gallagher structure with no annual growth ceiling. If you are 65 or older and have occupied your home for 10+ years, the Senior Homestead Exemption will reduce your taxable value—apply with the Ouray County Assessor. File your exemption claim with the Ouray County Assessor's office within 30 days of closing to activate the benefit.