Property Tax & Income in Morgan County, Colorado
Morgan County has an effective property tax rate of 0.52%. On the median home value of $338,600, that's roughly $1,751 per year. Median household income is $73,278.
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 | Morgan County | Colorado (state context) |
|---|---|---|
| Effective property tax rate1 | 0.52% | 0.39% |
| Median home value1 | $338,600 | — |
| 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 Morgan County, CO
Morgan County's effective property tax rate of 0.517% sits well above Colorado's statewide median of 0.386%, placing it eighth among the state's 64 counties. That ranking means owners here pay a noticeably larger share of their property's value than many other Coloradans. On a median home value of $338,600, the annual real-estate tax bill comes to about $1,751. Against a median household income of $73,278, that bill amounts to roughly 2.4% of a typical household's yearly earnings. Nationally, the picture flips: the U.S. median effective rate is 0.794%, so Morgan County taxes property more gently than the country as a whole. Communities like Orchard, Weldona, and Log Lane Village fall under this county's tax structure. The takeaway is a county that leans heavier on property taxes than its own state but lighter than the nation.