81623 Property Tax Rate

Property owners in ZIP code 81623 (Carbondale, Colorado) pay a median of $3,448/year in property taxes on homes valued at $835,000. This translates to an effective tax rate of 0.41%, which is near the Colorado state average of 0.42%.

The monthly property tax burden for a median-valued home in 81623 is approximately $287, which factors into escrow payments on mortgages. This ZIP code is located within Pitkin County. This is $1,566 more than the Colorado average of $1,882/year.

Compared to similar ZIP codes in Colorado, 81623 has higher property taxes. ZIP codes with similar effective rates include 80823 (0.41%) and 80863 (0.41%).

In Carbondale, property taxes represent approximately 3.5% of the median household income of $98,549, providing context for the relative tax burden on homeowners in this area.

Colorado repealed the Gallagher Amendment in 2020, meaning your Pitkin County property will be assessed at full market value at sale with no statewide increase cap going forward. The Senior Homestead Exemption applies to Pitkin County residents 65+ in their home 10+ years, reducing assessed value on your high-value property — file with the Pitkin County Assessor as soon as you qualify. Schedule a meeting with the Pitkin County Assessor's office within 60 days of purchase to review your assessment notice and file for any available exemptions.