Oak Creek, Routt County, Colorado Property Taxes
Property Taxes in Oak Creek, Colorado
Median Oak Creek, Colorado effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, and higher than the Colorado state median of 0.50%.
Median Oak Creek, Colorado home value: $507,340
Median annual Oak Creek, Colorado tax bill: $2,920, $520 higher than the national median property tax bill of $2,400.
How are property taxes in Routt calculated?
Property taxes in Oak 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 Oak Creek's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oak Creek, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Oak Creek, Routt County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.58%
Estimate Property Tax Bill
$2,943
$2,731
How Does the Oak Creek Property Tax Calculator Work?
Use this Oak Creek property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Oak Creek's median effective tax rate of 0.58% — based on actual property records in Routt 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 Oak 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 Oak Creek: rates range from 0.58% in 80467 to 0.58% in 80467, 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 Oak Creek.
About Oak Creek Property Taxes
About Property Taxes in Oak Creek, Routt, Colorado
Oak Creek’s median effective property tax rate of 0.58% is higher than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the Routt 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 Oak Creek. Homeowners in the 80467 ZIP code carry a median effective rate of 0.58%, while those in the same ZIP also pay a median property tax bill of $2,920. This reflects how school district boundaries and local assessment districts are drawn across Routt County. Understanding which part of Oak Creek you live in can make a meaningful difference to your annual tax bill.
Oak 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 Oak Creek, Routt 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 Oak 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 Oak Creek Tax Rate
0.58%
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 Routt County Tax Rate
0.28%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Oak Creek, Routt County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80467 | 0.43% | 0.52% | 0.58% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Oak Creek, Routt County, Colorado
When examining property taxes in Oak 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 Routt County appraisal district 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 Routt 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. For Oak Creek, the median home price is $507,340, and the median tax bill is $2,920, compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400. Tax bills range significantly across the county, and 80467 has the highest median home price at $507,340.
Property Tax Assessment Values Across Oak Creek, Routt County, Colorado
Source: Ownwell
$287,690
$681,555
$1,075,420
Median Oak Creek Market Value
$507,340
Median Routt County Market Value
$888,485
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Oak Creek, Routt County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80467 | $76,694 | $292,890 | $507,340 | $841,365 | $1,416,696 |
Source: Ownwell
Property Tax Bills Across Oak Creek, Routt County, Colorado
Property tax bills in Oak Creek are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Local taxing authorities use that assessed value to determine how much each homeowner owes, so a higher-value home generally leads to a higher tax bill. For Oak Creek, the median home price is $507,340, and the median property tax bill is $2,920, which is above the national median property tax bill of $2,400.
Several factors can affect the final bill, including the home’s location, the assessed value, and the tax rates set by local governments. Homeowners in Oak Creek may see bills that vary widely, with the 25th percentile at $1,743 and the 75th percentile at $4,712. At the 90th percentile, the tax bill reaches $6,941, showing how quickly costs can rise for higher-valued properties. These taxes directly affect monthly housing costs and can make ownership more expensive, especially when assessed values increase.
Median Oak Creek Tax Bill
$2,920
Median Routt County Tax Bill
$3,002
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Oak Creek, Routt County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80467 | $588 | $1,743 | $2,920 | $4,712 | $6,941 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Routt Tax Assessor | |
| Website | property.spatialest.com |