Granite, Chaffee County, Colorado Property Taxes
Property Taxes in Granite, Colorado
Median Granite, Colorado effective property tax rate: 0.27%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Granite, Colorado home value: $264,918
Median annual Granite, Colorado tax bill: $740, lower than the national median property tax bill of $2,400.
How are property taxes in Chaffee calculated?
Property taxes in Granite, 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 Granite's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Granite, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Granite, Chaffee County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.27%
Estimate Property Tax Bill
$715
$664
How Does the Granite Property Tax Calculator Work?
Use this Granite property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Granite's median effective tax rate of 0.27% — based on actual property records in Chaffee County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Granite'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 Granite: rates range from 0.27% in 81228 to 0.27% in 81228, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Granite.
About Granite Property Taxes
About Property Taxes in Granite, Chaffee, Colorado
Granite's median effective property tax rate of 0.27% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Chaffee 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 Granite. Homeowners in the 81228 ZIP code carry a median effective rate of 0.27%, while those in the 81228 pay 0.27%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Chaffee County. Understanding which part of Granite you live in can make a meaningful difference to your annual tax bill.
Granite 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 Granite, Chaffee 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 Granite's effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S.
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 Granite Tax Rate
0.27%
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 Chaffee County Tax Rate
0.30%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Granite, Chaffee County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81228 | 0.16% | 0.22% | 0.27% | 0.29% | 0.32% |
Source: Ownwell
Property Tax Assessment Values Across Granite, Chaffee County, Colorado
When examining property taxes in Granite, 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 Chaffee 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 Chaffee County, assessment notices are sent in May 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 Granite.
For example, the median home price in Granite is $264,918, with tax bills ranging significantly across the county. 81228 has the highest median home price at $264,918.
Property Tax Assessment Values Across Granite, Chaffee County, Colorado
Source: Ownwell
$264,918
$473,486
$682,053
Median Granite Market Value
$264,918
Median Chaffee County Market Value
$653,595
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Granite, Chaffee County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81228 | $73,603 | $134,831 | $264,918 | $406,688 | $753,853 |
Source: Ownwell
Property Tax Bills Across Granite, Chaffee County, Colorado
Property tax bills in Granite are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the bill can change when property values rise or when local tax rates are adjusted.
With a median home price of $264,918, the size of the tax bill depends on both the home’s value and the taxing jurisdictions that apply to it. In Chaffee County, the median tax bill is $740.00 in ZIP code 81228, while bills can vary widely across homeowners. The 25th percentile tax bill is $354, the 75th percentile is $1,261, and the 90th percentile reaches $2,373.
For homeowners, this can have a meaningful impact on monthly housing costs and long-term affordability. Even when two homes are similar in size, differences in assessed value and local tax rates can lead to very different property tax bills.
Median Granite Tax Bill
$740
Median Chaffee County Tax Bill
$1,973
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Granite, Chaffee County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81228 | $168 | $354 | $740 | $1,261 | $2,373 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Chaffee Tax Assessor | |
| Website | qpublic.schneidercorp.com |