Gypsum, Garfield County, Colorado Property Taxes

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Property Taxes in Gypsum, Colorado

Median Gypsum, Colorado effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, but lower than the Colorado state median of 0.55%.
Median Gypsum, Colorado home value: $483,300
Median annual Gypsum, Colorado tax bill: $1,912, $488 lower than the national median property tax bill of $2,400.

How are property taxes in Garfield County calculated?

Property taxes in Gypsum, 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 Gypsum’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gypsum, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Gypsum, Garfield County, Colorado Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.35%

Estimate Property Tax Bill

$2,212

$2,052

Ownwell’s Gypsum Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gypsum with just two data points. By entering your property's estimated assessed value, our calculator applies Gypsum’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Garfield County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Gypsum, Garfield County, Colorado

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 Gypsum’s effective property tax rate to other cities in Colorado and the median property tax rates in Colorado and the U.S. Gypsum, located in Garfield County, benefits from a notably lower property tax rate than many other areas. The median property tax rate in Colorado is significantly below the national median of 1.02%, offering property owners in Gypsum a more favorable tax environment. This lower rate can be an attractive feature for potential homeowners and investors looking to capitalize on lower property taxes while enjoying the benefits of property ownership. Understanding these differences can empower property owners to make informed decisions about their investments and potential savings in property taxes.

Property Tax Rates Across Gypsum, Garfield County, Colorado

Source: Ownwell

0.35%

0.44%

0.54%

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 Gypsum Tax Rate

0.35%

Median Effective Garfield County Tax Rate

0.50%

Median Effective Colorado Tax Rate

0.50%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gypsum, Garfield County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
81637	0.30%	0.35%	0.35%	0.35%	0.39%

Source: Ownwell

Property Tax Assessment Values Across Gypsum, Garfield County, Colorado

When examining property taxes in Gypsum, 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 Garfield 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.

In Garfield 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 Gypsum.

For example, the median home price in Gypsum is $483,300, with tax bills ranging significantly across the county. Zip code 81637 has the highest median home price at $506,100.

Property Tax Assessment Values Across Gypsum, Garfield County, Colorado

Source: Ownwell

$221,025

$609,855

$998,685

Median Gypsum Market Value

$631,945

Median Garfield County Market Value

$460,960

Median Colorado Market Value

$519,879

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gypsum, Garfield County, Colorado

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
81637	$211,659	$316,990	$631,945	$1,131,798	$1,443,716

Source: Ownwell

Property Tax Bills Across Gypsum, Garfield County, Colorado

In Gypsum, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as the home's location, size, and improvements can influence its assessed value. In Gypsum, the median property tax bill is $1,912, which is below the national median of $2,400. However, tax bills can vary significantly, with some homeowners paying as little as $1,096 and others up to $4,442, depending on the property's assessed value and exemptions.

For homeowners, high property tax bills can be a financial burden, affecting monthly budgets and long-term financial planning. Ownwell offers a solution by providing property tax appeal and exemption services, potentially lowering tax bills. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell helps homeowners ensure they are not overpaying on their property taxes, offering peace of mind and potential savings.

Property Tax Bills Across Gypsum, Garfield County, Colorado

Source: Ownwell

$936

$2,918

$4,899

Median Gypsum Tax Bill

$1,875

Median Garfield County Tax Bill

$2,436

Median Colorado Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Gypsum, Garfield County, Colorado

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
81637	$662	$1,061	$1,875	$3,995	$5,080

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	June 1

Links
Garfield Tax Assessor
Website	qpublic.schneidercorp.com

Frequently Asked Property Tax Questions in Gypsum, Colorado

How are property taxes calculated in Gypsum, Colorado?

Property taxes in Gypsum, Colorado are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Gypsum, Colorado?

To appeal your property taxes in Gypsum, Colorado, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Gypsum, Colorado?

Common property tax exemptions in Gypsum, Colorado include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Gypsum, Colorado?

Property tax deadlines in Gypsum, Colorado vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Gypsum, Colorado?

Ownwell provides professional property tax appeal services in Gypsum, Colorado. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.