Property Tax & Income in Hinsdale County, Colorado
Hinsdale County has an effective property tax rate of 0.31%. On the median home value of $437,900, that's roughly $1,359 per year. Median household income is $75,972.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Hinsdale County | Colorado (state context) |
|---|---|---|
| Effective property tax rate1 | 0.31% | 0.39% |
| Median home value1 | $437,900 | — |
| State income tax3 | top rate 4.40% | top rate 4.40% |
| State sales tax3 | 7.89% combined | 7.89% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Hinsdale County, CO
In Hinsdale County, Colorado, the median home value of $437,900 carries an annual property tax bill of about $1,359, based on an effective rate of 0.310%. That rate sits below Colorado's statewide median of 0.386% and ranks 51st among the state's 64 counties, so buyers here face lighter taxes than in most of Colorado. Nationally, the picture looks even better: the typical U.S. effective rate is 0.794%, more than double what Hinsdale County property owners pay. Households earning the median income of $75,972 would devote roughly 1.8% of that to real-estate taxes. Lake City, the county seat and largest town, anchors a sparsely populated mountain region where higher home prices are offset by unusually low tax bills, an arrangement that can stretch a buyer's budget further than in many comparable markets.