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Updated 2025 Tax Year

Lincoln County
Property Tax Guide

Everything you need to know about property taxes in Lincoln County, CO. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
0.8% to 1.2% of assessed value (varies by taxing district location)
Exemptions
4+ Available
Section 1

How Property Tax Works

Lincoln County, Colorado operates on a property tax system that funds essential local services including schools, fire protection, road maintenance, and county government operations. Property taxes are calculated based on the assessed value of real estate, which is determined by the county assessor and updated periodically. The effective tax rate in Lincoln County typically ranges from approximately 0.8% to 1.2% of assessed value, depending on your specific location within the county.

It's important to understand that actual tax rates vary significantly by location within Lincoln County due to special taxing districts such as school districts, fire protection districts, library districts, and other local improvement districts. Each property's total tax bill reflects the combined levy rates of all applicable taxing districts serving that area. Property owners should verify their specific district assignments and corresponding rates, as these directly impact the total annual tax obligation.

Section 2

What Makes Up Your Tax Bill

ComponentRate RangeDescription
County General Fund0.15% - 0.25%Basic county services and operations
School District0.35% - 0.55%Local school district operations and debt service
Fire Protection District0.08% - 0.15%Fire and emergency services
Library District0.02% - 0.05%Public library services
Road & Bridge0.05% - 0.10%Road maintenance and improvements
Special Assessments0.10% - 0.25%Water, sewer, or improvement districts

Rates shown are estimates for FY 2024-2025 and vary by specific taxing district boundaries. Contact the Lincoln County Assessor at (719) 743-2444 for exact rates applicable to your property's location. Total combined rates typically range from 0.8% to 1.2% of assessed value.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Lincoln County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes are additional property tax bills issued when there are significant changes to a property during the tax year. In Lincoln County, supplemental taxes are triggered by ownership changes, new construction, completed renovations that add substantial value, or corrections to previous assessments. These taxes cover the difference between the original assessment and the new assessed value, prorated for the remaining portion of the tax year.

For example, if you complete a $100,000 home addition in July and your area's tax rate is 1.0%, you would receive a supplemental tax bill for approximately $500 ($100,000 × 1.0% × 6 months remaining in the tax year ÷ 12 months). Supplemental tax bills are typically issued within 30-60 days of the assessor receiving notice of the change and have their own separate due dates from regular property tax installments.

Example Calculation

Example 1: $300,000 Property

  • Assessed Value: $300,000
  • Senior Property Tax Credit Applied: -$2,000 (if qualified and applied)
  • Net Taxable Value: $298,000
  • Tax Rate: 1.0% (varies by district)
  • Annual Tax: $2,980
  • Monthly Escrow: $248

Example 2: $600,000 Property

  • Assessed Value: $600,000
  • Homestead Credit Applied: Assessment increase limited to 10% annually (if applied)
  • Net Taxable Value: $600,000
  • Tax Rate: 1.1% (varies by district)
  • Annual Tax: $6,600
  • Monthly Escrow: $550

Example 3: $1,000,000 Property

  • Assessed Value: $1,000,000
  • No Credits Applied: $1,000,000
  • Net Taxable Value: $1,000,000
  • Tax Rate: 1.15% (varies by district)
  • Annual Tax: $11,500
  • Monthly Escrow: $958

Note: All tax credits require separate applications and qualification verification. Rates vary by specific taxing district location.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Lincoln County require borrowers to establish an escrow account for property taxes, especially when the loan-to-value ratio exceeds 80%. Your lender collects monthly tax payments as part of your mortgage payment, deposits these funds into an escrow account, and pays your property taxes directly to Lincoln County when due. The lender performs an annual escrow analysis to ensure adequate funds are collected, which may result in payment adjustments.

Property taxes in Lincoln County are typically due in two installments, and lenders usually pay these on your behalf before the due dates to avoid penalties and interest charges. You should receive an annual escrow statement from your lender showing all deposits, payments, and account balances. If you pay off your mortgage or refinance, you're responsible for ensuring property taxes continue to be paid on time. Always verify with Lincoln County that tax payments have been received, even when using escrow services.

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Section 6

Frequently Asked Questions

Q: When are property taxes due in Lincoln County for FY 2024-2025? A: Property taxes are typically due in two installments. Contact the Lincoln County Treasurer at (719) 743-2431 for specific due dates, as payment schedules can vary.

Q: What tax credits are available and do I need to apply? A: Lincoln County offers several tax credits including the Senior Property Tax Credit for qualifying residents 65+ and the Homestead Credit. All credits require separate applications and are NOT automatic - you must apply annually by the specified deadlines.

Q: How does the Homestead Credit work? A: The Homestead Credit doesn't reduce your property's market value but limits annual assessment increases to 10% for qualifying primary residences. You must file an application with the county assessor to receive this benefit.

Q: When does the county reassess properties? A: Lincoln County conducts property assessments on a regular cycle. Contact the Assessor's Office at (719) 743-2444 for your property's next scheduled assessment date and appeal procedures.

Q: What happens if I pay my taxes late? A: Late payments incur interest charges and penalties. Interest typically accrues monthly on unpaid balances, and additional penalties may apply for significantly delinquent accounts.

Q: Can I pay my property taxes online? A: Contact the Lincoln County Treasurer's Office at (719) 743-2431 to verify current online payment options and accepted payment methods.

Q: How do special district taxes affect my bill? A: Special districts like fire protection, library, and improvement districts add separate line items to your tax bill. Your total tax reflects all districts serving your property location.

Q: Who do I contact to dispute my property assessment? A: Contact the Lincoln County Assessor's Office at (719) 743-2444 to discuss assessment concerns and learn about the formal appeal process and deadlines.

Q: Are property taxes deductible on my federal tax return? A: Generally yes, but consult with a tax professional regarding current federal deduction limits and your specific situation.

Q: What information do I need when applying for tax credits? A: Applications typically require proof of income, age verification, residency documentation, and property ownership records. Contact the Assessor's Office for specific requirements and current application deadlines.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
State
2025/26 Property Tax Statements, Values and Leviesco.lincoln.or.us
02
County
Lincoln County Commission Minuteslincolncomo.gov
03
County
Lincoln County 2025 Consolidated Levy Rates by Tax Code ...co.lincoln.wa.us
04
County
Payment Schedules | Lincoln County, ORco.lincoln.or.us
05
County
Lincoln County Senior Real Estate Property Tax Relief ...lincolncomo.gov
06
Treasurerlincolncountyne.gov
07
Tax Doc
SENIOR PROPERTY TAX HOMESTEAD EXEMPTION LONG ...co.routt.co.us
08
Homestead Exemptionsleg.colorado.gov
09
Homestead Exemptions: Some Considerations for Coloradoleg.colorado.gov
10
Blank Audit Report for Agenciesauditors.nebraska.gov
All sources verified as of 2025 Tax Year

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