Property Tax & Income in Larimer County, Colorado
Larimer County has an effective property tax rate of 0.50%. On the median home value of $569,100, that's roughly $2,832 per year. Median household income is $93,765.
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 | Larimer County | Colorado (state context) |
|---|---|---|
| Effective property tax rate1 | 0.50% | 0.39% |
| Median home value1 | $569,100 | — |
| 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 Larimer County, CO
Homes in Larimer County, home to Fort Collins, carry a median value of $569,100, and the resulting median annual property tax bill comes to $2,832. That works out to an effective rate of 0.498%, which sits above Colorado's statewide median of 0.386% and ranks 11th among the state's 64 counties. Buyers relocating from many other parts of the country may still find the overall picture favorable, since the national median effective rate is 0.794% — noticeably higher than what Larimer County property owners pay. Household income here is strong, with a median of $93,765 and per-capita income of $51,165, which helps offset the higher-than-average Colorado rate. Anyone weighing a move to Fort Collins, Loveland, or Bellvue should expect property taxes that run somewhat above the state norm, though the income levels in the area make the cost of ownership easier to absorb.