Property tax in Phillips County, Colorado
The median property tax bill in Phillips County, Colorado is $1,263 a year, which is about 0.49% of the county's median home value of $255,300. That effective rate is higher than the typical Colorado county (0.39%) and lower than the national median (0.84%). These are Census figures; your own bill depends on your home's assessed value and any exemptions.
Property tax in Phillips County at a glance
| Measure | Value |
|---|---|
| Median annual property tax | $1,263 |
| Median home value | $255,300 |
| Effective tax rate | 0.49% |
| Typical Colorado county rate | 0.39% |
| National median county rate | 0.84% |
Effective rate = median real estate taxes paid divided by median home value. Source: U.S. Census Bureau, American Community Survey 5-year estimates.
How does Phillips County compare in Colorado?
Among Colorado's 64 counties, Phillips County has the 13th highest effective property-tax rate. It sits in the middle of the state's range. To see every Colorado county ranked, see Colorado property tax by county.
What the effective rate means
The effective rate here is the median tax bill divided by the median home value, which is the standard way to compare property taxes across places. It is not a rate you are billed directly. Your actual bill is your home's assessed value times the local millage rates set by the county, city, school district, and any special districts, minus exemptions you qualify for (such as a homestead exemption). Two homes of the same market value in the same county can owe different amounts.
Property tax is a state and local matter. For the state's income and retirement tax picture, see Colorado income tax and Colorado retirement taxes.
Sources
- Median real estate taxes paid and median home value for Phillips County, Colorado: U.S. Census Bureau, American Community Survey 5-year estimates (2023), tables B25103 and B25077.