Property Tax & Income in Lincoln County, Colorado
Lincoln County has an effective property tax rate of 0.44%. On the median home value of $246,500, that's roughly $1,092 per year. Median household income is $62,861.
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 | Lincoln County | Colorado (state context) |
|---|---|---|
| Effective property tax rate1 | 0.44% | 0.39% |
| Median home value1 | $246,500 | — |
| 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 Lincoln County, CO
In Lincoln County, Colorado, the median home value of $246,500 carries an annual property tax bill of about $1,092, based on an effective rate of 0.443%. That rate sits above Colorado's statewide median of 0.386%, and the county ranks 22nd of 64 for property taxes within the state. Compared with the national median effective rate of 0.794%, though, a buyer here pays considerably less. Households earning the median income of $62,861 would owe roughly 1.7% of that in annual real-estate taxes. Per-capita income comes in at $29,111. Communities like Hugo, along with Arriba and Genoa, make up the county's main towns. For anyone weighing a move, the combination of below-median home prices and a tax rate well under the national figure may help stretch a budget further than in many other markets.