Larkspur, Douglas County, Colorado Property Taxes
Property Taxes in Larkspur, Colorado
Median Larkspur, Colorado effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, and higher than the Colorado state median of 0.50%.
Median Larkspur, Colorado home value: $897,769
Median annual Larkspur, Colorado tax bill: $5,445, $3,045 higher than the national median property tax bill of $2,400.
How are property taxes in Douglas County calculated?
Property taxes in Larkspur, 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 Larkspur's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Larkspur, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Larkspur, Douglas County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.61%
Estimate Property Tax Bill
$5,476
$5,082
$774
Average Annual Tax Savings
How Does the Larkspur Property Tax Calculator Work?
Use this Larkspur property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Larkspur's median effective tax rate of 0.61% — based on actual property records in Douglas County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Larkspur'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 Larkspur: rates range from 0.61% in 80118 to 0.61% in 80118, primarily due to differences in school district levies and local assessment districts.
If your estimate is higher than expected, Ownwell can appeal your Larkspur assessment — you only pay if we save you money.
About Larkspur Property Taxes
About Property Taxes in Larkspur, Douglas, Colorado
Larkspur’s median effective property tax rate of 0.61% is higher than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Douglas 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 Larkspur. Homeowners in ZIP code 80118 carry a median effective rate of 0.61%, while those in 80118 pay 0.61%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Douglas County. Understanding which part of Larkspur you live in can make a meaningful difference to your annual tax bill.
Larkspur homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before June 1, 2026.
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 Larkspur, Douglas 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 Larkspur'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 Larkspur Tax Rate
0.61%
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 Douglas County Tax Rate
0.59%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Larkspur, Douglas County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80118 | 0.53% | 0.57% | 0.61% | 0.63% | 0.65% |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Larkspur, Douglas County, Colorado
When examining property taxes in Larkspur, 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 Douglas 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 Douglas 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. The median home price in Larkspur is $897,769, and the median tax bill is $5,445, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. Tax bills in the county range from $5,445 at the 25th percentile to $8,626 at the 90th percentile.
Property Tax Assessment Values Across Larkspur, Douglas County, Colorado
Source: Ownwell
$87,800
$532,572
$977,343
Median Larkspur Market Value
$897,769
Median Douglas County Market Value
$725,700
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Larkspur, Douglas County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80118 | $438,942 | $697,538 | $897,769 | $1,120,000 | $1,372,400 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Larkspur, Douglas County, Colorado
Property tax bills in Larkspur are calculated using the assessed value of a home and the local tax rate set by taxing authorities in Douglas County. When a home’s market value rises, the assessed value can increase too, which can lead to a higher tax bill. For a median home price of $897,769, homeowners may see bills that vary widely based on location, exemptions, and how the property is assessed.
The typical tax bill in Larkspur is $5,445, which is above the national median property tax bill of $2,400. Bills at the 25th percentile are $4,065, while the 75th percentile reaches $6,974 and the 90th percentile climbs to $8,626. That means many homeowners are paying significantly more than the national median.
Ownwell can help homeowners save by reviewing their assessment, identifying opportunities for a property tax appeal, and helping secure exemptions when available. A lower assessed value can mean a lower tax bill and meaningful savings year after year.
Median Larkspur Tax Bill
$5,445
Median Douglas County Tax Bill
$4,516
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Larkspur, Douglas County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80118 | $2,619 | $4,065 | $5,445 | $6,974 | $8,626 |
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 | |
|---|---|
| Douglas Tax Assessor | |
| Website | apps.douglas.co.us |