Woody Creek, Pitkin County, Colorado Property Taxes
Property Taxes in Woody Creek, Colorado
Median Woody Creek, Colorado effective property tax rate: 0.19%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Woody Creek, Colorado home value: $4,880,400
Median annual Woody Creek, Colorado tax bill: $9,602, $7,202 higher than the national median property tax bill of $2,400.
How are property taxes in Pitkin calculated?
Property taxes in Woody Creek, 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 Woody Creek's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Woody Creek, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Woody Creek, Pitkin County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.19%
Estimate Property Tax Bill
$9,273
$8,605
How Does the Woody Creek Property Tax Calculator Work?
Use this Woody Creek property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Woody Creek's median effective tax rate of 0.19% — based on actual property records in Pitkin County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Woody Creek'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 Woody Creek: rates range from 0.19% in 81656 to 0.19% in 81656, 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 Woody Creek.
About Woody Creek Property Taxes
About Property Taxes in Woody Creek, Pitkin, Colorado
Woody Creek’s median effective property tax rate of 0.19% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Pitkin 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 Woody Creek. Homeowners in the 81656 ZIP code carry a median effective rate of 0.19%, while those in 81656 pay 0.19%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Pitkin County. Understanding which part of Woody Creek you live in can make a meaningful difference to your annual tax bill.
Woody Creek 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 Woody Creek, Pitkin 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 Woody Creek'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 Woody Creek Tax Rate
0.19%
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 Pitkin County Tax Rate
0.22%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Woody Creek, Pitkin County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81656 | 0.19% | 0.19% | 0.19% | 0.19% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Woody Creek, Pitkin County, Colorado
When examining property taxes in Woody Creek, 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 Pitkin 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 Pitkin 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 Woody Creek.
For example, the median home price in Woody Creek is $4,880,400, with tax bills ranging significantly across the county. 81656 has the highest median home price at $4,880,400.
Property Tax Assessment Values Across Woody Creek, Pitkin County, Colorado
Source: Ownwell
$345,000
$2,612,700
$4,880,400
Median Woody Creek Market Value
$4,880,400
Median Pitkin County Market Value
$2,183,200
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Woody Creek, Pitkin County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81656 | $286,450 | $555,175 | $4,880,400 | $9,566,325 | $16,760,000 |
Source: Ownwell
Property Tax Bills Across Woody Creek, Pitkin County, Colorado
Property tax bills in Woody Creek are calculated by applying the local tax rate to a home’s assessed value, not its market price alone. Assessors review property characteristics, location, and comparable sales to determine that value, which is then used to calculate the bill. For homeowners in Pitkin County, the result can vary widely depending on the home’s assessed value and any local taxing jurisdictions that apply.
With a median home price of $4,880,400, property taxes can be substantial. The 25th percentile tax bill is $3,199, while the 75th percentile reaches $18,604 and the 90th percentile climbs to $32,320. The highest and lowest median tax bill is $9,602 in ZIP code 81656. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, homeowners in Woody Creek often face much higher bills.
These taxes directly affect monthly housing costs and long-term affordability, making it important for homeowners to understand how their assessed value shapes what they owe.
Median Woody Creek Tax Bill
$9,602
Median Pitkin County Tax Bill
$6,875
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Woody Creek, Pitkin County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81656 | $1,343 | $3,199 | $9,602 | $18,604 | $32,320 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Pitkin Tax Assessor | |
| Website | qpublic.schneidercorp.com |