Dillon, Summit County, Colorado Property Taxes
Property Taxes in Dillon, Colorado
Median Dillon, 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 Dillon, Colorado home value: $869,500
Median annual Dillon, Colorado tax bill: $3,002, $602 higher than the national median property tax bill of $2,400.
How are property taxes in Summit calculated?
Property taxes in Dillon, 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 Dillon's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dillon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Dillon, Summit County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.34%
Estimate Property Tax Bill
$2,956
$2,743
How Does the Dillon Property Tax Calculator Work?
Use this Dillon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Dillon's median effective tax rate of 0.34% — based on actual property records in Summit 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 Dillon'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 Dillon: rates range from 0.34% in 80435 to 0.34% in 80435, 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 Dillon.
About Dillon Property Taxes
About Property Taxes in Dillon, Summit, Colorado
Dillon’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 Summit 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 Dillon. Homeowners in the 80435 ZIP code carry a median effective rate of 0.34%, while those in the same ZIP also pay 0.34%. This reflects how school district boundaries and local assessment districts are drawn across Summit County. Understanding which part of Dillon you live in can make a meaningful difference to your annual tax bill.
Dillon 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 Dillon, Summit 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 Dillon'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 Dillon 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 Summit County Tax Rate
0.34%
Median Effective Colorado Tax Rate
0.50%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dillon, Summit County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80435 | 0.31% | 0.33% | 0.34% | 0.35% | 0.36% |
Source: Ownwell
Property Tax Assessment Values Across Dillon, Summit County, Colorado
When examining property taxes in Dillon, 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 Summit 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 Summit 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 Dillon.
For example, the median home price in Dillon is $869,500, with tax bills ranging significantly across the county. 80435 has the highest median home price at $869,500.
Property Tax Assessment Values Across Dillon, Summit County, Colorado
Source: Ownwell
$841,200
$1,095,100
$1,349,000
Median Dillon Market Value
$869,500
Median Summit County Market Value
$993,650
Median Colorado Market Value
$519,879
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dillon, Summit County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80435 | $399,210 | $587,475 | $869,500 | $1,188,225 | $1,762,030 |
Source: Ownwell
Property Tax Bills Across Dillon, Summit County, Colorado
Property tax bills in Dillon are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is the starting point for determining how much a homeowner owes each year, so changes in market conditions can affect the bill.
For a home with a median price of $869,500, property taxes can be a significant ongoing expense. The typical tax bill in the area is $3,002, while bills at the 25th percentile are $1,986, the 75th percentile are $4,209, and the 90th percentile are $6,263. These differences show how much tax bills can vary depending on the value of the home and how it is assessed.
For homeowners, property taxes directly affect annual housing costs and can influence affordability over time. Because the bill is tied to assessed value, owners of higher-value homes generally pay more, while lower assessed values can mean lower taxes.
Median Dillon Tax Bill
$3,002
Median Summit County Tax Bill
$3,489
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Dillon, Summit County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80435 | $1,249 | $1,986 | $3,002 | $4,209 | $6,263 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links |
|---|