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Updated 2025 Tax Year

Teller County
Property Tax Guide

Everything you need to know about property taxes in Teller 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
Varies by district combination; base rates plus special districts (mill levies vary by location)
Exemptions
4+ Available
Section 1

How Property Tax Works

Teller County property taxes fund essential services including schools, county operations, fire protection, library services, and other special district services throughout the county. The property tax system uses a split assessment rate structure implemented in 2025, where residential properties have different assessment rates for school district taxes (7.05%) versus local government taxes (6.25%). This means your property will have two separate assessed values calculated for tax purposes.

Property tax rates in Teller County vary significantly by location within the county due to different combinations of special taxing districts. These districts can include school districts, fire protection districts, library districts, water and sanitation districts, and metropolitan districts. Your specific tax rate depends on which special districts serve your property location. The total effective tax rate typically ranges from approximately 0.8% to 1.2% of market value, though this can vary based on your specific district combination and any applicable tax credits.

Section 2

What Makes Up Your Tax Bill

ComponentSchool District RateLocal Government RateDescription
Assessment Rate7.05%6.25%Percentage of actual value used to calculate assessed value
Base County LevyN/AVaries by districtCounty operations, services
School District LevyVaries by districtN/AEducational services, facilities
Fire Protection DistrictN/AVaries by districtFire and emergency services
Library DistrictN/AVaries by districtLibrary services
Special DistrictsN/AVaries by districtWater, sanitation, recreation, etc.

Rates shown are for the 2025 tax year (FY 2025-2026). Your total mill levy depends on the specific combination of taxing districts serving your property location. Contact the Teller County Assessor's Office for your property's exact mill levy rate.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Teller 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 changes to property ownership, value, or use that occur after the annual assessment date. Common triggers include new construction completion, change of ownership that removes exemptions or credits, or significant improvements that increase property value mid-year.

Supplemental taxes are calculated using the same tax rates that apply to your property, but only for the portion of the tax year remaining after the triggering event. For example, if you complete a $100,000 home addition in September, you would receive a supplemental tax bill for the increased assessed value from September through the end of the tax year (typically June 30th). The supplemental tax would be calculated as: ($100,000 × applicable assessment rate × total mill levy) × (months remaining ÷ 12 months).

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • School District Assessed Value: $300,000 × 7.05% = $21,150
  • Local Government Assessed Value: $300,000 × 6.25% = $18,750
  • Homestead Credit Applied: (Must apply - reduces taxable value by up to $5,400 for qualifying properties)
  • Estimated Annual Tax: $2,800 - $3,200 (varies by district)
  • Estimated Monthly Escrow: $233 - $267

Example 2: $600,000 Home

  • Market Value: $600,000
  • School District Assessed Value: $600,000 × 7.05% = $42,300
  • Local Government Assessed Value: $600,000 × 6.25% = $37,500
  • Senior/Disabled Veteran Credits: (If applicable - requires application)
  • Estimated Annual Tax: $5,600 - $6,800 (varies by district)
  • Estimated Monthly Escrow: $467 - $567

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • School District Assessed Value: $1,000,000 × 7.05% = $70,500
  • Local Government Assessed Value: $1,000,000 × 6.25% = $62,500
  • Available Credits: (Various credits available but require application)
  • Estimated Annual Tax: $9,500 - $12,000 (varies by district)
  • Estimated Monthly Escrow: $792 - $1,000

All credits require application and qualification. Contact the Teller County Assessor for specific credit amounts and eligibility requirements.

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Section 5

Escrow & Property Taxes

Most mortgage lenders require property tax escrow accounts to ensure timely tax payments. Your lender collects monthly escrow payments along with your mortgage payment, typically calculating 1/12 of your estimated annual tax bill. Lenders are required to conduct annual escrow analyses and provide you with detailed statements showing tax payments made on your behalf.

Property taxes in Teller County can be paid in two installments (due February 28th and June 15th) or as a single payment (due April 30th). If your taxes are escrowed, your lender will typically make the payments according to their preferred schedule. You should verify that your lender has made payments by checking with the Teller County Treasurer's Office, especially if you receive any delinquency notices. Lenders may maintain escrow cushions and are required to refund excess amounts annually if your escrow balance exceeds federal guidelines.

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Section 6

Frequently Asked Questions

Q: When are property taxes due for the current fiscal year? A: For the 2025 tax year, you can pay in two equal installments due February 28th and June 15th, or make a single payment due April 30th.

Q: What tax credits are available and do I need to apply? A: Several tax credits are available but ALL require application, including the Homestead Credit (for primary residences), Senior Citizen Credit (age 65+), Disabled Veteran Credit, and others. None are automatic - you must apply with the Teller County Assessor's Office.

Q: How does the Homestead Credit work? A: The Homestead Credit limits assessment increases on your primary residence and provides tax relief, but you must file an application. This credit caps how much your assessed value can increase annually, not your market value. Contact the Assessor's Office for current application deadlines.

Q: When are properties reassessed? A: Colorado conducts property revaluations every two years. Teller County follows the state schedule, with the most recent revaluation effective for the 2025 tax year.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Teller County Board of Equalization during the protest period, typically May 1st through June 8th. You can also appeal to the State Board of Assessment Appeals if unsatisfied with the county decision.

Q: What are the penalties for late payment? A: Late payments incur interest charges and penalties. After June 15th, unpaid taxes become delinquent and additional fees apply. Properties can eventually be subject to tax lien sale if taxes remain unpaid.

Q: Can I pay property taxes online? A: Yes, Teller County offers online payment options through the Treasurer's Office website. You can pay by electronic check or credit card (fees may apply for credit card payments).

Q: Why do special district taxes vary by location? A: Different areas of Teller County are served by different combinations of special districts (fire, library, recreation, etc.). Your total tax rate depends on which districts serve your specific property location, which is why rates vary throughout the county.

Verified Sources

Backed by 10 Official Government Sources

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

01
Tax Doc
Property Tax Informationtellercounty.gov
02
HB 24B-1001 - Final Fiscal Notecontent.leg.colorado.gov
03
County
Treasurer's Office | Teller County, COtellercounty.gov
04
Frequently Asked Questions - CivicPlus.CMS.FAQtellercounty.gov
05
County
Personal Property | Teller County, COtellercounty.gov
06
Tax Doc
senior property tax homestead exemption short formtellercounty.gov
07
Tax Doc
A property tax exemption is available to qualifying senior ...tellercounty.gov
08
Tax Doc
Tax Exemptions for Seniors / Veterans / Gold Star Spousestellercounty.gov
09
2026 BUDGET AS PROPOSED TO THE BOARD OF ...tellercounty.gov
10
County
Public Trustee | Teller County, COtellercounty.gov
All sources verified as of 2025 Tax Year

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