Property Tax in Frederick, Colorado
Based on the latest US Census data, the median home value in Frederick is $484,900, resulting in a median annual property tax bill of $2,796.
Estimate Your Property Tax in Frederick
Enter your actual or desired home value below to see how much you can expect to pay annually based on Frederick's effective tax rate of 0.58%.
Estimated Annual Tax
Understanding Frederick Real Estate Taxes
Property taxes in Frederick are a major component of local homeownership. Based on recent census data, the effective rate sits at 0.58%. Consequently, securing a home near the $484,900 median value means you should anticipate roughly $2,796 in annual taxes to support Colorado's local municipal and school district budgets.
It's important to remember that local assessors determine assessed values, which may vary from current market values, altering your exact obligations.
Impact on Mortgages
Most lenders require property taxes to be rolled into your monthly mortgage payment via an escrow account. A 0.58% annual rate on a $500,000 home adds roughly $240 to your monthly overhead in Frederick.
Special Assessments
Your exact tax bill may be influenced by hyper-local municipal bonds, school district levies, and utility assessments in Colorado. Using the effective rate provides a highly accurate historical baseline for budgeting.
How it compares to local earnings
Housing affordability isn't just about property prices—it's about the correlation between your geographic tax obligations and your local income potential.
In Frederick, the median household income is $128,078 annually. This means the median household commits 2.18% of their gross income directly to property taxes. Financial modelers typically recommend keeping total housing costs below 28% of gross income.
Local Tax Burden
2.18%
Of Median Household Gross Income
Frequently Asked Questions
The average effective property tax rate in Frederick is 0.58%.
For a median-priced home of $484,900 in Frederick, homeowners pay an average of $2,796 annually in property taxes.
While the average tax bill of $2,796 in Frederick is an annual obligation, most homeowners pay this monthly through an escrow account managed by their mortgage lender.
The effective rate of 0.58% is calculated by dividing the median annual property taxes paid ($2,796) by the median home value ($484,900) for properties in Frederick.
Yes, your property taxes in Frederick can change based on reassessments of your home's market value by local Colorado authorities or changes in municipal and school district tax levies.