81650 Property Tax Rate

Property owners in ZIP code 81650 (Rifle, Colorado) pay a median of $1,421/year in property taxes on homes valued at $397,100. This translates to an effective tax rate of 0.36%, which is 14% below the Colorado state average of 0.42%.

The monthly property tax burden for a median-valued home in 81650 is approximately $118, which factors into escrow payments on mortgages. This ZIP code is located within Rio Blanco County. This is $461 less than the Colorado average of $1,882/year.

Compared to similar ZIP codes in Colorado, 81650 has lower property taxes. ZIP codes with similar effective rates include 80814 (0.36%) and 80909 (0.36%).

In Rifle, property taxes represent approximately 1.7% of the median household income of $81,506, providing context for the relative tax burden on homeowners in this area.

Colorado repealed the Gallagher Amendment in 2020, meaning Rio Blanco County will reassess your home at purchase value annually without a statewide cap. Senior homeowners (age 65+) with 10+ years of residency in Rio Blanco County qualify for the Senior Homestead Exemption, which reduces assessed value — file directly with the Rio Blanco County Assessor. Call the Rio Blanco County Assessor immediately after purchase to obtain your assessment notice and determine whether you qualify for senior exemption relief.