Hot Sulphur Springs, Grand County, Colorado Property Taxes
Property Taxes in Hot Sulphur Springs, Colorado
Median Hot Sulphur Springs, Colorado effective property tax rate: 0.42%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Hot Sulphur Springs, Colorado home value: $386,230
Median annual Hot Sulphur Springs, Colorado tax bill: $1,572, $828 lower than the national median property tax bill of $2,400.
How are property taxes in Grand calculated?
Property taxes in Hot Sulphur Springs, 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 Hot Sulphur Springs's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hot Sulphur Springs, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hot Sulphur Springs, Grand County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.42%
Estimate Property Tax Bill
$1,622
$1,505
How Does the Hot Sulphur Springs Property Tax Calculator Work?
Use this Hot Sulphur Springs property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hot Sulphur Springs' median effective tax rate of 0.42% — based on actual property records in Grand County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hot Sulphur Springs' 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 Hot Sulphur Springs: rates range from 0.42% in 80451 to 0.42% in 80451, 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 Hot Sulphur Springs.
About Hot Sulphur Springs Property Taxes
About Property Taxes in Hot Sulphur Springs, Grand, Colorado
Hot Sulphur Springs’s median effective property tax rate of 0.42% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Grand 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 Hot Sulphur Springs. Homeowners in the 80451 ZIP code carry a median effective rate of 0.42%, while those in 80451 pay 0.42%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Grand County. Understanding which part of Hot Sulphur Springs you live in can make a meaningful difference to your annual tax bill.
Hot Sulphur Springs homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 8, 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 Hot Sulphur Springs, Grand 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 Hot Sulphur Springs'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 Hot Sulphur Springs Tax Rate
0.42%
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 Grand County Tax Rate
0.41%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hot Sulphur Springs, Grand County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80451 | 0.34% | 0.42% | 0.42% | 0.42% | 0.42% |
Source: Ownwell
Property Tax Assessment Values Across Hot Sulphur Springs, Grand County, Colorado
When examining property taxes in Hot Sulphur Springs, 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 Grand 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 Grand 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 Hot Sulphur Springs.
For example, the median home price in Hot Sulphur Springs is $386,230, with tax bills ranging significantly across the county. 80451 has the highest median home price at $386,230.
Property Tax Assessment Values Across Hot Sulphur Springs, Grand County, Colorado
Source: Ownwell
$383,450
$671,725
$960,000
Median Hot Sulphur Springs Market Value
$386,230
Median Grand County Market Value
$646,810
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hot Sulphur Springs, Grand County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80451 | $116,470 | $233,895 | $386,230 | $527,592 | $660,130 |
Source: Ownwell
Property Tax Bills Across Hot Sulphur Springs, Grand County, Colorado
Property tax bills in Hot Sulphur Springs are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. That means the amount a homeowner owes depends on both the value of the home and the tax rates set by local taxing authorities in Grand County.
For a home with a median price of $386,230, the property tax bill can vary widely depending on exemptions, local levies, and how the property is assessed. In this area, the 25th percentile tax bill is $905, the 75th percentile is $2,162, and the 90th percentile is $2,806. The highest and lowest median tax bill is $1,572 in ZIP code 80451. Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, homeowners here may see bills that are lower or higher depending on their specific assessment. These taxes directly affect monthly housing costs and can make a meaningful difference in affordability for homeowners.
Property Tax Bills Across Hot Sulphur Springs, Grand County, Colorado
Source: Ownwell
$1,572
$2,833
$4,094
Median Hot Sulphur Springs Tax Bill
$1,572
Median Grand County Tax Bill
$2,705
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Hot Sulphur Springs, Grand County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80451 | $405 | $905 | $1,572 | $2,162 | $2,806 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| Grand Tax Assessor | |
| Website | www.co.grand.co.us |