Steamboat Springs, Routt County, Colorado Property Taxes
Property Taxes in Steamboat Springs, Colorado
Median Steamboat Springs, Colorado effective property tax rate: 0.28%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Steamboat Springs, Colorado home value: $1,075,380
Median annual Steamboat Springs, Colorado tax bill: $3,216, $816 higher than the national median property tax bill of $2,400.
How are property taxes in Routt calculated?
Property taxes in Steamboat 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 Steamboat Springs' property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Steamboat Springs, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Steamboat Springs, Routt County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.28%
Estimate Property Tax Bill
$3,011
$2,794
How Does the Steamboat Springs Property Tax Calculator Work?
Use this Steamboat Springs property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Steamboat Springs's median effective tax rate of 0.28% — based on actual property records in Routt 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 Steamboat Springs'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 Steamboat Springs: rates range from $3216.00 in 80487 to $3269.00 in 80477, 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 Steamboat Springs.
About Steamboat Springs Property Taxes
About Property Taxes in Steamboat Springs, Routt, Colorado
Steamboat Springs's median effective property tax rate of 0.28% is lower 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 Steamboat Springs. Homeowners in the 80477 ZIP code carry a median effective rate of $3,269.00, while those in 80487 pay $3,216.00. This spread reflects how school district boundaries and local assessment districts are drawn across Routt County. Understanding which part of Steamboat Springs you live in can make a meaningful difference to your annual tax bill.
Steamboat Springs 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 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 Steamboat Springs, 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 Steamboat 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 Steamboat Springs Tax Rate
0.28%
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 Steamboat Springs, Routt County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80477 | 0.28% | 0.28% | 0.28% | 0.45% | 0.63% |
| 80487 | 0.28% | 0.28% | 0.28% | 0.28% | 0.37% |
| 80488 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Steamboat Springs, Routt County, Colorado
When examining property taxes in Steamboat 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 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. 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 Steamboat Springs.
For example, the median home price in Steamboat Springs is $1,075,380, with tax bills ranging significantly across the county. 80487 has the highest median home price at $1,075,420.
Property Tax Assessment Values Across Steamboat Springs, Routt County, Colorado
Source: Ownwell
$287,690
$681,555
$1,075,420
Median Steamboat Springs Market Value
$1,075,380
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 Steamboat Springs, Routt County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80477 | $14,920 | $36,000 | $926,310 | $2,016,250 | $2,283,872 |
| 80487 | $354,440 | $651,345 | $1,075,420 | $1,759,125 | $2,891,675 |
| 80488 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Steamboat Springs, Routt County, Colorado
How are property tax bills calculated in Steamboat Springs?
Property tax bills in Steamboat Springs are based on the assessed value of a home and the local tax rate set for Routt County. When a property’s market value rises, the assessed value can increase too, which often leads to a higher tax bill. For a home with a median price of $1,075,380, property taxes can be a meaningful part of homeownership costs.
What factors affect the bill? The main drivers are the home’s assessed value, local tax rates, and any exemptions or adjustments that may apply. In this area, the 25th percentile tax bill is $1,925, while the 75th percentile is $5,412 and the 90th percentile is $8,866. The median tax bills also vary by ZIP code, with $3,269 in 80477 and $3,216 in 80487.
For homeowners, this means property taxes can change even if the mortgage stays the same. A higher assessed value usually means a larger bill, making it important to understand how local assessments work.
Property Tax Bills Across Steamboat Springs, Routt County, Colorado
Source: Ownwell
$1,371
$2,320
$3,269
Median Steamboat Springs Tax Bill
$3,216
Median Routt County Tax Bill
$3,002
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Steamboat Springs, Routt County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80477 | $42 | $421 | $3,269 | $6,260 | $13,024 |
| 80487 | $1,084 | $1,926 | $3,216 | $5,402 | $8,847 |
| 80488 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Routt Tax Assessor | |
| Website | property.spatialest.com |