Homeowners in Rio Grande County, CO pay a median $925 a year in property taxes, about 0.39% of the median home value of $239,500.
Data reviewed · ACS 2024 · Mortgage rates weekly · Methodology
Based on what homeowners in Rio Grande County pay: median taxes paid divided by median home value. Your bill depends on your assessed value and local levies; check your latest tax bill to compare.
Enter any purchase price to see the full cost breakdown for Rio Grande County.
Everything due at closing plus your first twelve months of ownership. The detail is below.
Your numbers as a one-page PDF: $239,500 home, 20% down, 30-year loan at this week's 7.24%. Rates move every week; the PDF keeps today's.
Low flood risk. Flood insurance not typically required. Verify at msc.fema.gov for your specific property.
All figures are estimates for planning purposes only. Mortgage payment assumes a 30-year fixed rate of 7.24%, the Freddie Mac PMMS average for the week ending October 29, 2026. Your lender will confirm the actual rate. Closing costs vary by lender and transaction. Consult a licensed real estate attorney and lender before making any financial decisions.
Rio Grande County's 0.39% median tax-to-value ratio ranks 188th lowest among the 3,134 US counties tracked, placing it in the bottom 10% lowest nationally. Within Colorado's 64 counties, it's the 32nd highest. On the county's median home value of $239,500, the typical homeowner pays $925 annually in property tax, $704 less than the national median of $1,629. At closing, Colorado's 0.02% combined real estate transfer tax adds roughly $48 on a median-priced home, typically paid by the buyer.
Ways buyers in Rio Grande County may reduce their annual property tax. These programs apply statewide; verify county specifics with your local assessor.
Exempts 50% of the first $200,000 of actual value for homeowners 65+ with 10+ consecutive years ownership and occupancy. Subject to annual state budget approval.
View official source →Exempts 50% of the first $200,000 of actual value for veterans with a 100% permanent and total service-connected disability. No age requirement.
View official source →Surviving spouses of service members who died in the line of duty receive the same 50% of first $200,000 exemption as disabled veterans.
View official source →Last verified April 2026. Exemption amounts and eligibility change frequently. Always confirm with your county assessor before claiming.
Answers to common questions about buying a home in Rio Grande County.
Homeowners in Rio Grande County pay a median $925 a year in property taxes, from 2024 US Census ACS 5-year estimates. There is no single property tax rate for Rio Grande County. The 0.39% figure commonly quoted is a county-wide median: the median annual property tax paid ($925) divided by the median home value ($239,500), from 2024 US Census ACS 5-year estimates. It is a statistic describing the county, not a rate levied on any particular property. Your own bill depends on your assessed value, the millage set by your overlapping taxing districts, any homestead or senior exemptions you qualify for, and special assessments. One thing to watch: the median reflects taxes actually paid by current owners, many of whom hold homestead exemptions and assessment caps, so a new buyer paying today's market price often pays more than 0.39% of the purchase price.
Colorado's combined real estate transfer tax is approximately 0.02% of the purchase price. On the median Rio Grande County home value of $239,500, this adds roughly $48 at closing. Colorado is unusual, buyer pays the $0.02/$100 (0.02%) Documentary Fee, not the seller. 12 home-rule municipalities impose their own transfer taxes of 1–3% (Aspen, Avon, Breckenridge, Crested Butte, Frisco, Gypsum, Ophir, Snowmass Village, Telluride, Vail, Winter Park). Statewide prohibition on new local transfer taxes since 1992 constitutional amendment.
Flood risk is relatively low. Only 2.2% of Rio Grande County's land falls within a FEMA Special Flood Hazard Area. Flood insurance is not typically required, though individual properties near waterways may still be in a zone. Verify at msc.fema.gov.
On Rio Grande County's median home value of $239,500 with 20% down, buyer closing costs work out to roughly $3,582–$6,567, or 1.5–2.7% of the purchase price. That covers title insurance $800–$2,000; loan origination fee $958–$1,916; home appraisal $400–$700; home inspection $350–$600; recording fees $100–$300; prepaid mortgage interest $570; homeowners insurance (2 months) $250; property tax escrow (2-3 months) $154–$231. Transfer tax is listed separately. These are national ranges for each line item rather than Rio Grande County quotes, so treat them as a planning range and use the calculator above for your own purchase price.
Every county-specific figure on this page links to the exact public dataset it comes from. Verify the numbers yourself against the original source.
Source for the $925/yr median taxes paid (ACS 2024 5-year estimates, variable B25103_001E).
Source for the $239,500 median home value (variable B25077_001E). The 0.39% median tax-to-value ratio is median taxes paid divided by median home value.
Source for the transfer tax used in the calculator (buyer 0.02%, seller 0.00%). Verified April 2026.
Source for the county's flood hazard exposure (coastal and inland flood exposure area as a share of county area).
The national dataset behind the county report, including its technical documentation and release notes.
Look up a specific property's flood zone and insurance rate map before making an offer on a home in Rio Grande County.
Closing cost line items are national ranges, not county data. The methodology lists each range's source and the calculator's assumptions (mortgage rate, insurance, PMI).
Colorado property tax exemptions: official sources
Verified April 2026.
What every buyer should read before making an offer.
Seven signs in an HOA's budget, reserve study, minutes and insurance that raise the risk of a special assessment, the numbers behind each, and what to ask.
Read the guide →Your HOA resale packet holds the CC&Rs, budget, reserve study and minutes. What each one says, where the costly rules hide, and the order to read them in.
Read the guide →An HOA capped rentals at 10 of 50 homes and grandfathered the existing landlords. How to find rental restrictions before closing, and what they cost you.
Read the guide →