Canon City, Fremont County, Colorado Property Taxes
Property Taxes in Canon City, Colorado
Median Canon City, Colorado effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Canon City, Colorado home value: $286,536
Median annual Canon City, Colorado tax bill: $1,317, $1,083 lower than the national median property tax bill of $2,400.
How are property taxes in Fremont County calculated?
Property taxes in Canon City, 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 Canon City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Canon City, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Canon City, Fremont County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.45%
Estimate Property Tax Bill
$1,289
$1,197
How Does the Canon City Property Tax Calculator Work?
Use this Canon City property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Canon City's median effective tax rate of 0.45% — based on actual property records in Fremont 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 Canon City'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 Canon City: rates range from 0.45% in 81212 to 0.45% in 81212, 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 Canon City.
About Canon City Property Taxes
About Property Taxes in Canon City, Fremont, Colorado
Canon City’s median effective property tax rate of 0.45% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Fremont County levy combined with local taxing districts that can affect what homeowners pay across the city.
Property tax rates are not uniform across Canon City. Homeowners in ZIP code 81212 carry a median effective rate of 0.45%, and the same ZIP code also reflects a median tax bill of $1,317. That consistency shows how local assessments and district boundaries shape property taxes within the city.
Canon City homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill 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 Canon City, Fremont 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 Canon City’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 Canon City Tax Rate
0.45%
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 Fremont County Tax Rate
0.41%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Canon City, Fremont County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81212 | 0.25% | 0.36% | 0.45% | 0.49% | 0.53% |
Source: Ownwell
Property Tax Assessment Values Across Canon City, Fremont County, Colorado
When examining property taxes in Canon City, 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 Fremont 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 Fremont 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 Canon City.
For example, the median home price in Canon City is $286,536, with tax bills ranging significantly across the county. 81212 has the highest median home price at $286,536.
Property Tax Assessment Values Across Canon City, Fremont County, Colorado
Source: Ownwell
$187,674
$379,403
$571,132
Median Canon City Market Value
$286,536
Median Fremont County Market Value
$278,691
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Canon City, Fremont County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81212 | $14,925 | $185,237 | $286,536 | $379,872 | $502,348 |
Source: Ownwell
Property Tax Bills Across Canon City, Fremont County, Colorado
Property tax bills in Canon City are based on the assessed value of a home, not its market price alone. Local taxing authorities apply the tax rate to the assessed value, which is influenced by the home’s characteristics and location within Fremont County. For a home with a median value of $286,536, that calculation can produce very different bills depending on exemptions, mill levies, and other local factors.
Homeowners in Canon City typically see property tax bills that reflect a wide range of outcomes. The 25th percentile tax bill is $844, while the 75th percentile is $1,864 and the 90th percentile reaches $2,548. The median tax bill in the area is $1,317, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. That means many homeowners in Canon City pay less than the national norm, but bill amounts can still vary significantly from one property to another.
Median Canon City Tax Bill
$1,317
Median Fremont County Tax Bill
$1,168
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Canon City, Fremont County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81212 | $361 | $844 | $1,317 | $1,864 | $2,548 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| Fremont Tax Assessor | |
| Website | fremontcountyco-asr-web.tylerhost.net |