Grand Junction, CO Property Tax Rates
Compare property tax rates across 6 ZIP codes in Grand Junction, Colorado.
Avg Tax Rate
0.40%
Avg Annual Tax
$1,481
Avg Home Value
$372,883
ZIP Codes
6
Property Tax Overview: Grand Junction, CO
Grand Junction has 6 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.40%, which is 4% below the Colorado average of 0.42%. Annual property taxes range from $1,640 (ZIP 81505) to $1,337 (ZIP 81503).
For a home at Grand Junction's median value of $372,883, property taxes add approximately $124/month to housing costs. Grand Junction home values are below the Colorado median of $454,133, which moderates the overall monthly tax burden.
Property tax rates within Grand Junction vary by 0.06 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.
Grand Junction vs Colorado Average
Effective Tax Rate
4% below state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in Grand Junction, CO?
The average effective property tax rate in Grand Junction, Colorado is 0.40%, based on 6 ZIP codes.
How much is property tax in Grand Junction, CO?
The average median annual property tax in Grand Junction is $1,481 per year, with a median home value of $372,883.
Which ZIP code in Grand Junction has the lowest property tax rate?
ZIP code 81505 has the lowest effective tax rate in Grand Junction at 0.38%, with a median annual tax of $1,640.
How many ZIP codes are in Grand Junction, CO?
Grand Junction, Colorado has 6 ZIP codes with property tax data available.
Which ZIP code in Grand Junction has the highest property tax rate?
ZIP code 81503 has the highest effective tax rate in Grand Junction at 0.43%, with a median annual tax of $1,337.
How do Grand Junction property taxes compare to the Colorado average?
Grand Junction's average effective rate of 0.40% is 4% below the Colorado state average of 0.42%.
What factors affect property tax rates between ZIP codes in Grand Junction?
Property tax rate differences within Grand Junction 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 Grand Junction 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 Grand Junction, 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 Mesa 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.