Crestone, CO — income, home value, property tax, and sales tax.
In ZIP code 81149, near Crestone, homes carry a median value of $197,700, and the county's effective property tax rate of 0.33% translates to roughly $650 a year in taxes on such a home. With median household income at $57,019 and per-capita income at $33,748, that annual bill amounts to a little over one percent of a typical household's earnings, keeping ownership costs from climbing steeply. A combined sales tax rate of 2.90% also applies to purchases in the area. Together, these figures describe a market where property taxes take only a slim slice of local income.
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