Telluride, San Miguel County, Colorado Property Taxes
Property Taxes in Telluride, Colorado
Median Telluride, Colorado effective property tax rate: 0.34%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Telluride, Colorado home value: $1,562,568
Median annual Telluride, Colorado tax bill: $5,613, $3,213 higher than the national median property tax bill of $2,400.
How are property taxes in San Miguel calculated?
Property taxes in Telluride, 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 Telluride's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Telluride, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Telluride, San Miguel County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.34%
Estimate Property Tax Bill
$5,313
$4,930
How Does the Telluride Property Tax Calculator Work?
Use this Telluride property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Telluride's median effective tax rate of 0.34% — based on actual property records in San Miguel 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 Telluride'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 Telluride: rates range from 0.34% in 81435 to 0.34% in 81435, 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 Telluride.
About Telluride Property Taxes
About Property Taxes in Telluride, San Miguel, CO
Telluride’s median effective property tax rate of 0.34% is lower than the Colorado state median of 0.50% and lower than the national median of 1.02%. This rate reflects the San Miguel 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 Telluride. Homeowners in the 81435 ZIP code carry a median effective rate of 0.34%, while those in the same ZIP pay 0.34%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across San Miguel County. Understanding which part of Telluride you live in can make a meaningful difference to your annual tax bill.
Telluride 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 Telluride, San Miguel 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 Telluride'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 Telluride Tax Rate
0.34%
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 San Miguel County Tax Rate
0.34%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Telluride, San Miguel County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81435 | 0.29% | 0.32% | 0.34% | 0.40% | 0.41% |
Source: Ownwell
Property Tax Assessment Values Across Telluride, San Miguel County, Colorado
When examining property taxes in Telluride, 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 San Miguel 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 San Miguel 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. The median home price in Telluride is $1,562,568, with tax bills ranging significantly across the county. 81435 has the highest median home price at $1,562,568. Telluride's median tax bill is $5,613, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Telluride, San Miguel County, Colorado
Source: Ownwell
$554,171
$1,058,370
$1,562,568
Median Telluride Market Value
$1,562,568
Median San Miguel County Market Value
$1,031,718
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Telluride, San Miguel County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81435 | $277,874 | $616,002 | $1,562,568 | $3,518,032 | $5,911,186 |
Source: Ownwell
Property Tax Bills Across Telluride, San Miguel County, Colorado
How are property tax bills calculated in Telluride?
Property tax bills in Telluride are based on the assessed value of a home, which is tied to its market value and the local tax rate set for San Miguel County. Homeowners with higher-value properties generally face larger bills because the tax amount rises as the assessed value increases. With a median home price of $1,562,568, many homeowners in the city see property tax bills that are well above the national median property tax bill of $2,400.
What factors affect the final bill?
The size of the bill depends on the home’s assessed value, local taxing jurisdictions, and any applicable exemptions or adjustments. In Telluride, property tax bills can vary widely, with the 25th percentile at $2,433 and the 75th percentile at $12,779. For some homeowners, that means a meaningful impact on annual housing costs, especially in a high-value market where taxes can add thousands of dollars to the cost of ownership.
Median Telluride Tax Bill
$5,613
Median San Miguel County Tax Bill
$3,674
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Telluride, San Miguel County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81435 | $949 | $2,433 | $5,613 | $12,779 | $21,697 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 8 |
Links | |
|---|---|
| San Miguel Tax Assessor | |
| Website | www.sanmiguelcountyco.gov |