Property Tax & Income in Teller County, Colorado
Teller County has an effective property tax rate of 0.35%. On the median home value of $479,900, that's roughly $1,672 per year. Median household income is $85,361.
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 | Teller County | Colorado (state context) |
|---|---|---|
| Effective property tax rate1 | 0.35% | 0.39% |
| Median home value1 | $479,900 | — |
| 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 Teller County, CO
Teller County’s effective property tax rate of 0.348% sits below Colorado’s statewide median of 0.386%, placing it 41st among the state’s 64 counties. That ranking signals a county where property taxes take a lighter share of home value than in much of Colorado, though the gap with the state figure is narrow. Compared with the national median of 0.794%, the difference is far more striking — less than half the countrywide rate. A median home value of $479,900 yields an annual real-estate tax bill of roughly $1,672, set against a median household income of $85,361 and per-capita income of $50,784. Cripple Creek anchors the county’s largest communities, alongside Divide and Victor. The picture is one of a Colorado county whose tax rate leans below its own state’s average while standing well under the national benchmark.