Montezuma, Summit County, Colorado Property Taxes
Property Taxes in Montezuma, Colorado
Median Montezuma, Colorado effective property tax rate: 0.36%, significantly lower than the national median of 1.02%, and lower than the Colorado state median of 0.50%.
Median Montezuma, Colorado home value: $1,069,900
Median annual Montezuma, Colorado tax bill: $3,739, $1,339 higher than the national median property tax bill of $2,400.
How are property taxes in Summit calculated?
Property taxes in Montezuma, 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 Montezuma's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Montezuma, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Montezuma, Summit County, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.36%
Estimate Property Tax Bill
$3,852
$3,574
How Does the Montezuma Property Tax Calculator Work?
Use this Montezuma property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Montezuma's median effective tax rate of 0.36% — 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 Montezuma'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 Montezuma: rates range from 0.36% in 80435 to 0.36% 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 Montezuma.
About Montezuma Property Taxes
About Property Taxes in Montezuma, Summit, Colorado
Montezuma's median effective property tax rate of 0.36% 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 Montezuma. Homeowners in the 80435 ZIP code carry a median effective rate of 0.36%, while those in the lowest ZIP pay 0.36%. This spread reflects how school district boundaries and local assessment districts are drawn across Summit County. Understanding which part of Montezuma you live in can make a meaningful difference to your annual tax bill.
Montezuma 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 Montezuma, 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 Montezuma'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 Montezuma Tax Rate
0.36%
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 Montezuma, Summit County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80435 | 0.32% | 0.34% | 0.36% | 0.36% | 0.50% |
Source: Ownwell
Property Tax Assessment Values Across Montezuma, Summit County, Colorado
When examining property taxes in Montezuma, 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 are sent in the spring each year and 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 example, the median home price in Montezuma is $1,069,900, with tax bills ranging across the county. The median tax bill is $3,739, and the 25th and 75th percentile tax bills are $3,140 and $4,606.
Property Tax Assessment Values Across Montezuma, Summit County, Colorado
Source: Ownwell
$841,200
$1,095,100
$1,349,000
Median Montezuma Market Value
$1,069,900
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 Montezuma, Summit County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80435 | $430,433 | $874,200 | $1,069,900 | $1,327,600 | $1,691,660 |
Source: Ownwell
Property Tax Bills Across Montezuma, Summit County, Colorado
Property tax bills in Montezuma are based on the assessed value of a home and the local tax rate set for Summit 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 $1,069,900, the property tax burden can be significant, especially when compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400.
The amount a homeowner pays depends on how the property is valued and how local taxing authorities apply their rates. In Montezuma, tax bills vary widely, with the 25th percentile at $3,140 and the 75th percentile at $4,606. At the high end, the 90th percentile reaches $6,957, showing how quickly costs can climb for higher-value homes. These bills directly affect monthly housing costs and long-term affordability for homeowners in Summit County.
Median Montezuma Tax Bill
$3,739
Median Summit County Tax Bill
$3,489
Median Colorado Tax Bill
$2,732
Median United States Tax Bill
$2,400
Property Tax Bills Across Montezuma, Summit County, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 80435 | $1,724 | $3,140 | $3,739 | $4,606 | $6,957 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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| Appeal Deadline | June 1 |
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