Cherry Hills Village, Arapahoe County, Colorado Property Taxes
Property Taxes in Cherry Hills Village, Colorado
Median Cherry Hills Village, Colorado effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, and slightly higher than the Colorado state median of 0.50%.
Median Cherry Hills Village, Colorado home value: $2,893,400
Median annual Cherry Hills Village, Colorado tax bill: $17,179, $14,779 higher than the national median property tax bill of $2,400.
How are property taxes in Arapahoe calculated?
Property taxes in Cherry Hills Village, Colorado are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Cherry Hills Village's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cherry Hills Village, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Cherry Hills Village, Arapahoe County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$17,360
$16,110
$774
Average Annual Tax Savings
How Does the Cherry Hills Village Property Tax Calculator Work?
Use this Cherry Hills Village property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Cherry Hills Village's median effective tax rate of 0.60% — based on actual property records in Arapahoe County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Cherry Hills Village's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Cherry Hills Village: rates range from $16,523 in 80111 to $19,337 in 80121, primarily due to differences in school district levies and local assessment districts. Cherry Hills Village's median property tax bill is $17,179, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. The state median property tax rate is 0.50%.
If your estimate is higher than expected, Ownwell can appeal your Cherry Hills Village assessment — you only pay if we save you money.
About Cherry Hills Village Property Taxes
About Property Taxes in Cherry Hills Village, Arapahoe, Colorado
Cherry Hills Village’s median effective property tax rate of 0.60% is lower than the Colorado state median of 0.50% and higher than the national median of 1.02%. This rate reflects the Arapahoe County base levy combined with local school district levies and metro districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Cherry Hills Village. Homeowners in the 80111 ZIP code carry a median effective rate of 0.60%, while those in 80121 pay 0.59%. This spread — 0.01 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Arapahoe County. Understanding which part of Cherry Hills Village you live in can make a meaningful difference to your annual tax bill.
Cherry Hills Village homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Cherry Hills Village, Arapahoe County, Colorado
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Cherry Hills Village's effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.
Property Tax Rates Across Cherry Hills Village, Arapahoe County, Colorado
Source: Ownwell
0.34%
0.56%
0.78%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cherry Hills Village Tax Rate
0.60%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Arapahoe County Tax Rate
0.55%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cherry Hills Village, Arapahoe County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80111 | 0.57% | 0.58% | 0.60% | 0.60% | 0.62% |
| 80121 | 0.56% | 0.58% | 0.59% | 0.60% | 0.60% |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Cherry Hills Village, Arapahoe County, Colorado
When examining property taxes in Cherry Hills Village, Colorado, understanding the distinction between market value and assessed value is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Arapahoe County assessor estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Arapahoe County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cherry Hills Village.
For example, the median home price in Cherry Hills Village is $2,893,400, with tax bills ranging significantly across the county. 80121 has the highest median home price at $3,323,700.
Property Tax Assessment Values Across Cherry Hills Village, Arapahoe County, Colorado
Source: Ownwell
$143,800
$1,733,750
$3,323,700
Median Cherry Hills Village Market Value
$2,893,400
Median Arapahoe County Market Value
$554,000
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cherry Hills Village, Arapahoe County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80111 | $2,377,620 | $2,501,075 | $2,790,900 | $3,045,700 | $4,187,920 |
| 80121 | $2,161,900 | $2,463,700 | $3,323,700 | $4,364,600 | $5,643,800 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Cherry Hills Village, Arapahoe County, Colorado
Property tax bills in Cherry Hills Village are based on a home’s assessed value, local tax rates, and exemptions. When a property’s market value changes, the assessed value can change too, which can raise or lower the bill homeowners receive. With a median home price of $2,893,400, even small assessment errors can lead to a much larger tax bill than expected.
For many homeowners, property taxes are a major ongoing cost. The 25th percentile tax bill is $14,499, while the 75th percentile is $23,687 and the 90th percentile reaches $30,684. That is far above the national median property tax bill of $2,400, making it especially important to review your assessment carefully.
Ownwell helps homeowners identify potential savings by reviewing property assessments, finding overassessments, and filing appeals when appropriate. If your home is taxed above its fair share, Ownwell can help reduce your property tax bill and keep more money in your pocket.
Property Tax Bills Across Cherry Hills Village, Arapahoe County, Colorado
Source: Ownwell
$233
$9,785
$19,337
Median Cherry Hills Village Tax Bill
$17,179
Median Arapahoe County Tax Bill
$2,971
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Cherry Hills Village, Arapahoe County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80111 | $13,621 | $14,616 | $16,523 | $18,465 | $25,104 |
| 80121 | $12,385 | $14,264 | $19,337 | $25,206 | $32,549 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Arapahoe Tax Assessor | |
| Website | parcelsearch.arapahoegov.com |