Property Tax & Income in Rio Grande County, Colorado
Rio Grande County has an effective property tax rate of 0.39%. On the median home value of $239,500, that's roughly $925 per year. Median household income is $64,411.
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 | Rio Grande County | Colorado (state context) |
|---|---|---|
| Effective property tax rate1 | 0.39% | 0.39% |
| Median home value1 | $239,500 | — |
| 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 Rio Grande County, CO
If you're weighing a move to Rio Grande County, Colorado, the cost picture here leans toward the affordable side. Homes around Del Norte and the rest of the county carry a median value of $239,500, and the median annual property tax bill comes to $925. That works out to an effective rate of 0.386%, which matches Colorado's statewide median and sits well under the national figure of 0.794%. Among the state's 64 counties, this one ranks 32nd for property tax rate, placing it squarely in the middle. Households here bring in a median of $64,411, with per-capita income at $39,615. For buyers accustomed to steeper housing markets, the combination of a moderate median home price and a property tax bill under $1,000 a year can make owning a home here feel within easier reach.