Colorado Springs, CO Property Tax Rates
Compare property tax rates across 26 ZIP codes in Colorado Springs, Colorado.
Avg Tax Rate
0.42%
Avg Annual Tax
$1,901
Avg Home Value
$439,169
ZIP Codes
26
Property Tax Overview: Colorado Springs, CO
Colorado Springs has 26 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.42%, which is near the Colorado average of 0.42%. Annual property taxes range from $896 (ZIP 80928) to $3,363 (ZIP 80927).
For a home at Colorado Springs's median value of $439,169, property taxes add approximately $153/month to housing costs. Colorado Springs home values are close to the Colorado median of $454,133.
Property tax rates within Colorado Springs vary by 0.38 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.
ZIP Codes in Colorado Springs, CO
| ZIP Code | Effective Rate | Median Tax | Median Home Value |
|---|---|---|---|
| 80928 | 0.25% | $896 | $355,000 |
| 80930 | 0.27% | $878 | $325,800 |
| 80916 | 0.32% | $923 | $289,500 |
| 80922 | 0.35% | $1,438 | $407,000 |
| 80909 | 0.36% | $1,262 | $352,400 |
| 80903 | 0.36% | $1,516 | $420,000 |
| 80907 | 0.37% | $1,361 | $371,200 |
| 80917 | 0.37% | $1,304 | $353,100 |
| 80910 | 0.37% | $1,027 | $276,900 |
| 80918 | 0.37% | $1,537 | $414,400 |
| 80905 | 0.37% | $1,306 | $349,500 |
| 80926 | 0.38% | $2,211 | $579,100 |
| 80919 | 0.39% | $2,224 | $570,200 |
| 80915 | 0.39% | $1,283 | $328,200 |
| 80911 | 0.39% | $1,368 | $348,900 |
| 80904 | 0.40% | $1,653 | $413,400 |
| 80906 | 0.40% | $2,177 | $543,400 |
| 80923 | 0.40% | $1,801 | $448,800 |
| 80908 | 0.45% | $3,064 | $673,900 |
| 80920 | 0.46% | $2,221 | $484,900 |
| 80921 | 0.52% | $3,375 | $647,600 |
| 80951 | 0.54% | $2,062 | $384,200 |
| 80938 | 0.55% | $2,677 | $487,900 |
| 80924 | 0.61% | $3,807 | $621,700 |
| 80925 | 0.61% | $2,704 | $441,100 |
| 80927 | 0.63% | $3,363 | $530,300 |
Colorado Springs vs Colorado Average
Effective Tax Rate
1% above state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in Colorado Springs, CO?
The average effective property tax rate in Colorado Springs, Colorado is 0.42%, based on 26 ZIP codes.
How much is property tax in Colorado Springs, CO?
The average median annual property tax in Colorado Springs is $1,901 per year, with a median home value of $439,169.
Which ZIP code in Colorado Springs has the lowest property tax rate?
ZIP code 80928 has the lowest effective tax rate in Colorado Springs at 0.25%, with a median annual tax of $896.
How many ZIP codes are in Colorado Springs, CO?
Colorado Springs, Colorado has 26 ZIP codes with property tax data available.
Which ZIP code in Colorado Springs has the highest property tax rate?
ZIP code 80927 has the highest effective tax rate in Colorado Springs at 0.63%, with a median annual tax of $3,363.
How do Colorado Springs property taxes compare to the Colorado average?
Colorado Springs's average effective property tax rate of 0.42% is near the Colorado state average of 0.42%.
What factors affect property tax rates between ZIP codes in Colorado Springs?
Property tax rate differences within Colorado Springs are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.
Tips for Colorado Springs Homeowners
- •Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
- •Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
- •Know your assessment cycle: Colorado reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
- •Compare ZIP codes before buying: Even within Colorado Springs, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.
Looking for county-level property tax data? View El Paso County on TaxByCounty.com
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.